Digital currencies

Rumors Circulating That Fed Will Announce Plans to Digitize the Dollar

Rumors are swirling that the Federal Reserve plans to announce an initiative to digitize the US dollar, according to Anthony Pompliano, co-founder of the blockchain venture capital fund Morgan Creek Digital. Pomp first tweeted about the rumors earlier today, reporting that an announcement could come as soon as this week in an effort that could […]

China warned not to rush into creating digital currency to rival Facebook’s Libra, instead join global debate

A new theory appears to be emerging in China with regards how it should cope with the potential challenges from Facebook’s blockchain digital currency Libra, with suggestions it should shift towards working with other nations to regulate the sector rather than fast-track its own alternative medium of exchange. Debate continues over whether and how China’s […]

Lithuania to Offer the First Collectable Cryptocurrency Token: What Does This Mean?

Interest in cryptocurrencies is growing all over the planet. Now, a European country has decided to launch something different. Lithuania will launch the first-ever collectable cryptocurrency coin in 2020. What Their Collectable Cryptocurrency Involves This token will be released in spring 2020. It is to commemorate the country’s declaration of independence that was made in 1918. […]

China’s digital currency plan a game changer

The last decade will be remembered as the era in which virtual currencies became mainstream. No longer just for in-the-know techies, digital cryptocurrencies have not only helped mint a crop of new millionaires and billionaires but have also inspired citizens across the globe to hold virtual currency as an investable asset and dream of a […]

What is Bitcoin Mining? The Digital Currency Mining Process

Digital currency mining, through SHA-256 for Bitcoin, Scrypt for many other currencies, and a plethora of other algorithms that have been developed, is a growing industry, with Bitcoin mining, and Scrypt mining, machines being created that cost $10,000+. Why Do People Mine Digital Currencies? Mining is the primary method for transaction processing, recording, and security […]

Saga Cryptocurrency ICO (SGA Token): Cash Reserve Stable Coin Uses?

Saga, found online at Saga.org, aims to create a global digital currency. Find out how it works today in our review. What is Saga? Saga is a non-anonymous, reserve-backed cryptocurrency that aims to solve crucial problems in the world’s crypto industry – like who will control digital currencies, how digital currencies will be regulated, and […]

How is Bitcoin value derived

Governments all over the world intervene in the money markets with one overriding aim – that is to keep their currencies stable. When supply is more than demand, the Central Bank might step in to mop up excess liquidity from the markets to prevent the currency from rapidly losing value and vice versa. This stability […]

China’s digital yuan takes shape with new encryption law

BEIJING — China rolls out new rules governing online encryption Wednesday, paving the way for a digital version of the yuan and taking greater control over cyberspace. The national cryptography law, established in October, makes government responsible for setting encryption standards covering both the state and industries. Encryption is divided into three categories — core, common and commercial — and the law […]

Japan May Just Be the Most Bitcoin-friendly Country in Asia

The two biggest digital currency heists on the planet with losses totalling right around a billion dollars at trades in Tokyo, and a social inclination towards conservatism, appear to have scarcely hosed Japan’s excitement for bitcoin and different cryptographic forms of money.  Japan adores cash. With paper and coin installments as yet representing near portion […]

Cryptocurrency in Arab World: Clock is Ticking, But Pace is Slow

One of focal points to understand the crypto scene in the region is that adoption is driven from the top While cryptocurrency mass adoption in the Middle East may still take a little more time to take place, there are several countries in the region are truly taking notice. From the UAE to Saudi Arabia, […]

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