Twitter chief Dorsey teams with Jay-Z to back bitcoin
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
News tagged with digital money
Internet
Facebook takes on the world of cryptocurrency with 'Libra' coin
Facebook unveiled plans Tuesday for a new global cryptocurrency called Libra, pledging to deliver a stable virtual money that lives on smartphones and could bring over a billion "unbanked" people into the financial system.
Jun 18, 2019
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Business
Why is the ECB eyeing a 'digital euro'?
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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Internet
China gets into blockchain race with US
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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Business
Crypto currency crashes recall 'wildcat' banking
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
Nigeria, Ghana sprint to join digital currency race
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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Consumer & Gadgets
Beyond just cryptocurrencies, digital money has changed how we live
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
Is the digital dollar coming soon?
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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Business
Crypto, NFTs are rife with 'mountains' of fraud, IRS says
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
ECB inches closer to 'digital euro'
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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