Business

Bitwise launches a digital currency index
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9 December, 2020

Bitwise launches a digital currency index

Bitwise has launched a digital asset index that tracks the ten largest digital assets weighted by market cap and trades...
Ripple co-founder sold 160 million XRP this month
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9 December, 2020

Ripple co-founder sold 160 million XRP this month

Ripple co-founder Jed McCaleb has sold 157.9 million XRP ($86.8 million as of press time) on the open market from

China and Hong Kong working on digital yuan cross-border payments
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9 December, 2020

China and Hong Kong working on digital yuan cross-border payments

Hong Kong’s central bank has been working with China’s digital currency institute to trial the use of the digital yuan...
India wants to tax digital currency earnings: report
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9 December, 2020

India wants to tax digital currency earnings: report

The government’s tax agency is reportedly monitoring the industry, seeking to impose as much as 30% tax on digital currency...
Spotify to expand its digital currency footprint with new hire
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9 December, 2020

Spotify to expand its digital currency footprint with new hire

The company is hiring a new payments head, with digital currencies, CBDCs and decentralized ledger technology among the areas of...
Bank of Canada ready to move ‘sooner than expected’ on digital dollar
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9 December, 2020

Bank of Canada ready to move ‘sooner than expected’ on digital dollar

Central bank officials have indicated progress has been made on launching a digital currency, citing the pressures of the COVID-19...
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