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Page 13 - Digital Currency

China to launch its own digital currency; trials to be conducted soon

The initial test, set at the end of this month in Shenzhen, will involve some of the largest banks in the country and telecom carriers, the Times reported, quoting the Caijing Magazine.

China to launch its own digital currency; trials to be conducted soon
Updated On : 10 Dec 2019 | 9:10 PM IST

Libra currency-pegged 'stablecoin', not controlled by one company: Facebook

Central banks and government finance officials have long worried about the challenges posed by digital currencies, and the risk they can be used for money laundering and financing terrorism

Libra currency-pegged 'stablecoin', not controlled by one company: Facebook
Updated On : 21 Oct 2019 | 9:35 AM IST
Updated On : 15 Oct 2019 | 11:47 AM IST

UP Police to expand cyber crime wings following spurt in online frauds

Senior police officials instructed to complete the preliminary rollout of the cyber cells by October 15

UP Police to expand cyber crime wings following spurt in online frauds
Updated On : 13 Oct 2019 | 12:57 AM IST

China says new digital currency to have some similarities to FB's Libra

China's central bank set up a research team in 2014 to explore its own digital currency to cut the costs of circulating traditional paper money and boost policymakers' control of money supply

China says new digital currency to have some similarities to FB's Libra
Updated On : 06 Sep 2019 | 1:45 PM IST

Money launderers, terrorist financers can misuse Facebook's Libra: Mnuchin

Facebook's new currency plan under scrutiny in Congress

Money launderers, terrorist financers can misuse Facebook's Libra: Mnuchin
Updated On : 16 Jul 2019 | 10:29 AM IST

Central banks should consider issuing digital currencies: IMF chief

Economies around the world are becoming increasingly cashless as credit and debit cards or even mobile phone apps are used as modes of payment

Central banks should consider issuing digital currencies: IMF chief
Updated On : 14 Nov 2018 | 11:00 PM IST

Why is the RBI interested in digital currency but wary of bitcoins?

For a digital currency to be popular, internet penetration as well as digital literacy need to be greatly improved, say experts

Why is the RBI interested in digital currency but wary of bitcoins?
Updated On : 30 Aug 2018 | 9:09 PM IST

Bitcoin, Ether lead digital currency slide from highs

Bitcoin slumped to as low as $2,449.4 in intraday trading

Bitcoin, Ether lead digital currency slide from highs
Updated On : 28 Jun 2017 | 1:40 AM IST

Move Over Bitcoin, Ether is the digital currency of the moment

New digital money, Ether, has risen an eye-popping 4,500 per cent since the beginning of the year

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Updated On : 20 Jun 2017 | 1:39 PM IST