Amidst the annual spectacle of the World Economic Forum in Davos, the Bank for International Settlements this week announced that multiple central banks have created a group that will 'assess potential cases for central bank digital currencies'.
As confirmed by several economic outlets, including Bloomberg, Bank of England governor Andrew Bailey took part in a VTALK with students this past Monday for Speakers for Schools. When the subject of digital currency came up, Bailey said:
The dispute between Telegram and the U.S. Securities and Exchange Commission (SEC) is coming to a close as the final judgment has been filed. Telegram has been ordered to pay back $1.2 billion. The company must also pay the SEC a fine of $18.5 millio
As Apple shutters dozens of its physical store locations across America on the heels of a second wave of COVID cases (though not deaths), Microsoft has escalated by shuttering its physical stores... for good, as part of a strategic shift in its retai
While most struggling businesses will take payment in any form to make ends meet during the economic downtown, a minority reject cash, fearing that it could be a transmission vehicle for the SARS-CoV-2 virus.
China has passed the country's long-awaited civil code which expands the scope of inheritance rights to include cryptocurrency, such as bitcoin. Inherited cryptocurrencies will be protected under the new law.
China has been leading the way when it comes to digital payments by average consumers in the country. While such payments in the United States like Apple Pay are becoming more widely accepted, in nearby Japan such methods are still relatively rare.
The United States Army has decided that soldiers can no longer access certain apps. They have banned soldiers from using TikTok over alleged Chinese "cyber threat", but in reality, it's just an app the U.S. government can't control.
Today, United States prosecutors announced the arrest of Virgil Griffith, who allegedly traveled to the Democratic People's Republic of Korea (DPRK) to deliver a presentation on how to use cryptocurrencies and blockchain technology to circumvent sa
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