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Search Results for: Digital dollar

Fedorov Desires “Ukraine to Be World Leading Jurisdiction for Crypto”

Mikhail Fedorov, Vice Prime Minister of Ukraine has announced a determination for his nation to be the world’s top cryptocurrency jurisdiction. Ukraine’s deputy prime minister wants to be the first user of a new central bank digital currency (CBDC). And also get payment in e-hryvnia. Ukraine’s Vice Prime Minister Mikhail

January 18, 2023 2 mins read

Saudi Arabia Declares it Open to Trade with Other Currencies

The kingdom of Saudi Arabia, whose currency has been pegged to the dollar, seeks to strengthen its ties with prominent trading partners such as China. Finance Minister Mohammed Al-Jadaan announced that the country is open to talking about trading in currencies other than the US dollar.  Saudi Arabia Seeks to

January 18, 2023 1 min read

Mawson Infrastructure Group Inc Announces December 2022 Operational Update

Mawson’s installed operational capacity as of December 31, 2022 was approximately 2.9 Exahash across Bitcoin Self-Mining and Hosting Co-locations Approximately $4 million in revenue generated from Mawson’s Energy Market Program in December, $13.9 million generated in 2022 SHARON, Pa. & SYDNEY–(BUSINESS WIRE)–Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”),

January 17, 2023 7 mins read

Accenture Executive Says the Metaverse Will Boom Revenue

Accenture’s senior managing director, David Treat, highlighted why users should be able to move their data and crypto from one location to another at the World Economic Forum in Davos, Switzerland. According to Treat, portability is the future of self-custody in crypto, and one should give the option to transfer

January 17, 2023 2 mins read

Hong Kong Regulator To Allow Only Approved Crypto Tokens

With a slew of new digital asset rules slated to go into effect this year. Regulators in Hong Kong will soon select which crypto tokens its people may invest in. This is the most recent crypto regulatory action taken by Hong Kong, a market with deep roots in the trade

January 16, 2023 1 min read

James Turk: Looks Like Bitcoin (BTC) Survived Crypto Winter

Global cryptocurrency After several weeks of steady decline, the market is showing signs of life. Gains in cryptocurrencies like Bitcoin (BTC) have stoked the fire that has ignited the crypto market. which, despite persistent lows, is continually rising to new heights as a result of learning from past mistakes. Goldmoney’s

January 16, 2023 2 mins read

Reserve Bank of India Governor Criticizes Cryptocurrencies

When it comes to Bitcoin and other digital currencies, the Reserve Bank of India (RBI) has issued a strong warning. Governor of the Reserve Bank of India Shaktikanta Das said, in light of the FTX disaster, that such illiquid instruments “are nothing but gambling” and that their apparent value is

January 15, 2023 1 min read

Disney’s Market Capitalization Upsurges to $257 Billion with NFT’s

Disney is a multi-billion dollar entertainment and media company best known for its movie studio, theme parks, and other products. Founded in 1923 by brothers Walt and Roy Disney. Moreover, the company has become one of the world’s most recognizable and beloved brands. In addition to producing feature films, television

January 15, 2023 2 mins read

Huobi Partners With Solaris to Launch Crypto-to-Fiat Debit Card in EU

For many traditional banks, bridging the divide between digital and fiat currencies is a top concern as the crypto industry continues to enter the mainstream. Huobi, a cryptocurrency exchange, has announced that it would create a cryptocurrency-to-fiat debit card in collaboration with Solaris, a European financial services company. Because Visa

January 13, 2023 2 mins read

Genesis and Gemini Are Facing SEC Violation Charges

Genesis Capital and Gemini cryptocurrency exchange has been charged with violations of Sections 5(a) and 5(c) of the Securities Act of 1933, by the U.S. Securities and Exchange Commission (SEC). The charge was made for selling unregistered securities via Gemini Earn crypto asset lending program. Both crypto firms are also

January 13, 2023 2 mins read