Bitcoin fell as much as 5.6% to $45,914 and rival cryptocurrency ethereum dropped more than 8% to $1,655
Skepticism is high about "Retail Direct" because previous attempts at bringing public debt to the masses haven't gone anywhere
Bitcoin is stored on software known as a digital wallet that is secured through encryption
An internal committee within the RBI is taking a close look at the model of the central bank's digital currency, Kanungo said
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A CBDC is legal tender and a central bank liability in digital form denominated in a sovereign currency and appearing on the central bank's balance sheet.
Cryptocurrencies hit the milestone after a fivefold climb in market value in the past year, data from tracker CoinGecko shows
Investors, including large corporations, view them as a potential hedge against uncertainty, and mainstream investment banks too are jumping into the game
The digital coin jumped more than 9 per cent on Thursday, touching a high of $23,256.92, according to a composite of prices compiled by Bloomberg
Alexander Vinnik was arrested in July 2017 while vacationing in a summer resort in northern Greece.
JD Digits, the company's fintech arm, will accept digital yuan as payment for some products on its online mall
Bitcoin's tumble last week, the biggest since March, after a 150% run-up this year underscores the famous volatility of the asset class that has kept mainstream investors at bay
The digital currency is a trading ground for a motley crew of retail players, speculative pros and exotic quants, while traditional investors have hitherto stayed on the sidelines.
Smaller coins ethereum and XRP, which often move in tandem with bitcoin, fell 7.3% and 8.8%, respectively.
Powell said it is vital the Fed assess what impact a CBDC might have on a range of critical issues
China's rapid advances in developing a digital currency have spurred the world into action. India should not be left behind
Look to catch up with China's 'trailblazing', Facebook's Libra
Twitter had limited some users' ability to tweet, reset passwords and use other unspecified "account functions" after many of the platform's top accounts were hacked
With pilot runs for a digital yuan underway, its monetary system could well become an exemplar for other countries
Announcing the framework, the World Economic Forum (WEF) said the National Bank of Cambodia has already piloted a quasi-form of CBDC (Central Bank Digital Currency) for its national payments system.