Business

BIS wants central banks to move faster with CBDC amid looming stablecoin pressure
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17 September, 2021

BIS wants central banks to move faster with CBDC amid looming stablecoin pressure

The head of the Bank for International Settlements has asked central banks to step up their efforts with CBDCs as...
Uzbekistan ‘no plans’ to overturn digital currency payments ban
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17 September, 2021

Uzbekistan ‘no plans’ to overturn digital currency payments ban

The comments from Deputy Chairman Behzod Khamraev came after El Salvador adopted BTC as a legal tender, which led to...
Digital currency firms in India go big on ad blitz for festive season
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17 September, 2021

Digital currency firms in India go big on ad blitz for festive season

The Indian festive season has kicked off and digital currency firms are spending big on ads seeking to market Bitcoin...
Democrats pushing to close digital currency tax loophole via wash-sale rule
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16 September, 2021

Democrats pushing to close digital currency tax loophole via wash-sale rule

The Biden administration said the law would not apply to non-custodial actors, but there is still some debate as to...
European Securities and Markets Authority brands digital currency ‘volatile’
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16 September, 2021

European Securities and Markets Authority brands digital currency ‘volatile’

The report views digital currency a trending innovation in finance, but also a threat to the sustainability of financial services...
Kenya leads in global P2P volume for second year in a row
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16 September, 2021

Kenya leads in global P2P volume for second year in a row

Kenya has ranked first in the world for P2P volume for the second year in a row and fifth for...
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