Digital currencies

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 […]

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, […]

At least 18 central banks are developing sovereign digital currencies

The list of central banks developing sovereign digital currencies or Central Bank Digital Currencies (CBDC), as they are more commonly known, continues to grow. According to research from The Block, of the 60+ central banks analyzed, 18 have publicly acknowledged the development and or launch of their own CBDC. The most popular platform used by […]

Nearly half of female investors interested in Bitcoin

An estimated 43% of investors interested in Bitcoin are women, according to a report by Bitcoin trust fund Grayscale. The report challenges the belief that Bitcoin would mainly be for men and indicates women are increasingly interested in using crypto. Grayscale’s survey included 1 100 investors in the United States. Based on the results 56.2% of women […]

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