Tags : Currency

Regulation

Here are the US Treasury proposals for Bitcoin and ‘virtual

They don’t seem very promising, despite the crypto industry’s rapid growth in the past year. “Self hosted” wallets A release by the US Department of Treasury on Monday detailed the government’s proposal to regulate crypto assets, wallets, and whitelisting of receiving addresses for citizens. The Treasury’s Financial Crimes Enforcement Network (FinCen) department is inviting comments […]Read More

Blockchain

Turkey to Pilot Digital Currency in 2021, Says Central Bank

Turkey will begin piloting a previously undisclosed digital currency in the second half of 2021, the country’s chief central banker Naci Ağbal told members of parliament Friday. “There is an R&D project initiated on digital money. Currently the conceptual phase of this project has been completed. We aim to start pilot tests in the second […]Read More

Regulation

Central Bank Digital Currency ‘Incredibly Rich Area’ Says IMF

Tao Zhang, Deputy Managing Director of the International Monetary Fund (IMF) has made a strong argument for the development of Central Bank Digital Currency (CBDCs). He asserts that as a new asset class they hold tremendous promise, notably for the developing world. BENEFITS OF DIGITAL CURRENCY EMPHASIZED Zhang discussed CBDCs in an address given at […]Read More