Business

US court dismisses Bancor digital currency fraud case
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1 March, 2021

US court dismisses Bancor digital currency fraud case

The judge said the plaintiffs had failed to prove their losses arising from the alleged fraud, and that they lacked...
Nigeria central bank governor defends digital currency ban
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1 March, 2021

Nigeria central bank governor defends digital currency ban

The Central Bank of Nigeria believes the recent ban on digital currencies was in the best interest of the public,...
Thailand gov’t wants digital currency traders to prove income
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1 March, 2021

Thailand gov’t wants digital currency traders to prove income

The government believes such a measure would cushion amateur traders against huge losses by ensuring they trade within their means.
European Central Bank demands veto for EU stablecoins
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1 March, 2021

European Central Bank demands veto for EU stablecoins

In a formal opinion submitted to the European Commission on digital currency regulation, the ECB said lawmakers should delegate powers...
India’s Reserve Bank concerned digital currencies will impact financial stability
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27 February, 2021

India’s Reserve Bank concerned digital currencies will impact financial stability

Reserve Bank of India Governor Shaktikanta Das said the central bank has “major concerns” regarding digital currencies.
China joins Hong Kong and Thailand in CBDC research project
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27 February, 2021

China joins Hong Kong and Thailand in CBDC research project

China and the United Arab Emirates have joined a research initiative that studies the feasibility of a central bank digital...
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