Tag: Digital currency
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Bitcoin Miners Earn $2M Daily in 2023, Witnessing 400% Surge
Bitcoin miners experience a 400% surge in transaction revenue in 2023, earning $2M daily. This rise in revenue could help offset selling pressure and potentially drive Bitcoin prices higher.
TV Personality Jim Cramer Predicts Bitcoin’s Downfall
TV personality Jim Cramer voices concerns about Bitcoin's future, highlighting potential decline. Investors urged to consider multiple perspectives.
Federal Reserve Investigating Digital Currency, but a Long Way from Decision
The Federal Reserve is examining the possibility of a digital currency, but any decision is far off. Thorough research and support from key stakeholders are needed.
Reserve Bank of Australia Tests Wholesale CBDC on Ethereum, Collaborating with Prominent Crypto Names
The Reserve Bank of Australia tests wholesale CBDC on Ethereum, collaborating with major crypto players. Explore the potential of a central bank digital currency.
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eNaira: The Path to a Cashless Economy in Nigeria Continues
Introducing eNaira, Nigeria's official digital currency, aiming to revolutionize the cashless economy. Despite challenges in adoption, eNaira offers advantages such as reducing risks and promoting financial inclusion. Discover the path to a successful future with eNaira.
Reserve Bank Aims to Reach 1 Million Active E-Rupee Customers by End of June
The Reserve Bank of India plans to have one million customers on the central bank digital currency (CBDC) by June 2021. Banks can issue RuPay Prepaid Forex cards, while non-bank prepaid payment instrument issuers can issue e-RUPI vouchers for enhanced financial accessibility. Guidelines on Default Loss Guarantee arrangements in digital lending and streamlining of the Bharat Bill Payment System (BBPS) Processes and Membership Criteria are set to elevate India's payment ecosystem.
Bank of England Names Sarah Breeden as Deputy Governor for Financial Stability, United Kingdom (UK)
Sarah Breeden appointed as new Deputy Governor for Financial Stability at the Bank of England, bringing expertise to navigate economic challenges.
Federal Reserve Investigating Digital Currency, but a Long Way from Decision
The Federal Reserve is examining the possibility of a digital currency, but any decision is far off. Thorough research and support from key stakeholders are needed.
