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Decline In Cash Usage Could Force New Zealand To Launch Digital Currency

Declining cash usage in New Zealand could inspire the country’s financial regulatory authorities to launch a central bank digital currency (CBDC) sooner than expected. Electronic transactions currently account for 90% of liquid money in the country according to an official statement from the Reserve Bank of New Zealand. Additionally, as of 2020, only 9% of […] дальше »

2021-10-6 17:40


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Declining Bitcoin Prices Triggers Renewed Interest As Number Of Small-Time Investors Grow

Bitcoin price recently suffered another crash that sent the price of the asset dropping towards the low $40,000s again. This one, however, has been significant in its cash and recovery patterns, and subsequent on-chain data suggests that this most recent crash may have worked in the favor of the digital asset. This is because interest […] дальше »

2021-9-28 02:00


As Bitcoin Struggles To Reclaim $50k, This Bloomberg Analyst Tells Why He Still Has Eyes Peeled For $100,000 In 2021

Bloomberg Intelligence Analyst McGlone believes Bitcoin will reach $100,000 in 2021, with supported factors such as increased adoption, past BTC trading trends, and Bitcoin’s declining supply. “Can bitcoin reach $100,000 in 2021? Five charts show potential- Past bitcoin trading trends and the crypto’s declining supply vs. дальше »

2021-9-19 14:33


China Has No Final Date for Launch of e-CNY, the ‘Cash Substitute’ with Smart Contract Feature Aiming for Internationalization

Declining use of cash and rapid rise in crypto, especially stablecoins, drove POC’s digital fiat development, which will coexist with physical RMB. In its whitepaper, e-CNY claims to offer anonymity for small value and collects less transaction information than traditional electronic payment unless, of course, “stipulated otherwise in laws and regulations. дальше »

2021-7-17 19:04


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Nigeria to Pay 1.2 Cents for Each Dollar Remitted to the Country to Combat Cryptocurrency Use

The Central Bank of Nigeria (CBN) has announced a scheme that seeks to boost international remittances as well as to encourage the use of official corridors when retrieving funds. The CBN’s move to incentivise recipients follows the plummeting of the country’s official remittances inflows as recipients opt for non-traditional corridors such as cryptocurrencies. Declining Remittances […] дальше »

2021-3-9 15:00