Business
Chenzi Xu feels like she's watching history repeat itself. The cryptocurrency exchange FTX recently went belly up, vaporizing billions in customers' deposits. A few months earlier, the Luna coin lost 99% of its value in one ...
Dec 6, 2022
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Business
The United States is considering issuing a digital dollar, which would be backed by the nation's central bank and could help reinforce the U.S. role as a leader in the world financial system. Several financial institutions, ...
Nov 21, 2022
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Consumer & Gadgets
In simple terms, digital money can be defined as a form of currency that uses computer networks to make payments. Breathless media coverage of the future potential of cryptocurrencies such as Bitcoin has made digital money ...
Sep 15, 2022
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Business
IRS criminal investigators see cryptocurrencies and nonfungible tokens as ripe for fraud, including money laundering, market manipulation and tax evasion—and even celebrities could get caught up in the agency's probes.
Jan 26, 2022
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Business
The Indian government wants to ban all private cryptocurrencies, with some exceptions, to pave the way for a digital money controlled by the central bank. But this may not be as drastic as it sounds.
Nov 24, 2021
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6
Business
Nigeria and Ghana are racing to adopt a central bank digital currency as they look to ride the wave of popularity of cryptocurrencies in West Africa's two largest economies.
Sep 22, 2021
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Business
The European Central Bank inched closer to a "digital euro" on Wednesday with the formal launch of a pilot project, but questions remain about potential pitfalls and benefits for eurozone citizens.
Jul 14, 2021
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6
Business
Twitter chief Jack Dorsey on Friday put out word that he and rap mogul Jay-Z are creating a fund devoted to making bitcoin digital money "the internet's currency."
Feb 13, 2021
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Business
The European Central Bank will on Monday launch a public consultation and start experiments to help it decide whether to create a "digital euro" for the 19-nation currency club.
Oct 11, 2020
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19
Internet
China has launched an ambitious effort to challenge the US dominance in blockchain technology, which it could use for everything from issuing digital money, to streamlining a raft of government services and tracking Communist ...
Nov 3, 2019
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