News about DIGITAL

News about Digital

The Federal Reserve announces collaboration with MIT to research digital currency

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The Republic Of The Saviour Takes The Mantle As The Republic Of Digital Gold As El Salvador Crowns Bitcoin As Its Legal Tender

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Ethereum chosen by Bank of Israel to trial their new digital Shekel

The Bank of Israel is trying out Ethereum’s technology in a recently launched internal digital shekel trial, a spokesman said. In May, the central bank issued a report concluding that the digital payment system could have a positive impact on the eco...

BIS optimistic about central bank digital currencies

The central bank of central banks says CBDCs are necessary for maintaining the status quo of the legacy financial system. The Bank for International Settlements (BIS)...

Bank of Israel Testing Ethereum Tech in Digital Shekel Trial

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Israel Central Bank Reportedly May Use Ethereum (ETH) for Digital Currency (CBDC) – AronBoss

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Bank of Israel to Use Ethereum Tech for Digital Shekel: Report

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Waste Coal-Converting Bitcoin Miner Stronghold Digital Mining Raises $100 Million

On Tuesday, Stronghold Digital Mining, Inc., an ESG-friendly cryptocurrency miner announced it has raised $105 million in two private equity securities funding rounds. Stronghold’s operations convert waste coal into alternative energy in order...

Rwanda Central Bank Joins CBDC Bandwagon After Announcing Digital Currency Research

The National Bank of Rwanda (NBR) has become the latest African central bank to join the digital currency movement after an employee confirmed the institution is studying the possibilities of issuing its own digital currency. CBDC Implications on Fi...

New Bank of America Report Says Digital Currencies 'Could Boost Economic Growth' in Developing Countries - we need good news - let’s go!!

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New Bank of America Report Says Digital Currencies ‘Could Boost Economic Growth’ in Developing Countries

A new Bank of America (BOA) research study has found that both central bank digital currencies (CBDCs) and private digital currencies hold “a lot of potential” for increasing financial inclusion in developing countries. In the report, the...

Bitcoin was not the first Digital Currency!

A lot of folks believe that Bitcoin was the first digital currency but this statement is not completely true, a bunch of other digital currencies were made by using different technologies for example: 1.) digicash by David Chaum(1989) 2.) Momdex by N...

Privacy Is Key for Successful Digital Euro, Data Protection Body Says

The European Data Protection Board (EDPB) has issued a call for EU institutions to uphold privacy when designing a digital version of the euro. The agency is ready to provide advice on data protection matters surrounding the project. Meanwhile, an EC...

Israel’s Central Bank is Reportedly Testing Digital Shekel CBDC

Israel is currently testing its digital currency according to the deputy Governor of the Bank of Israel. Israel could be stealthily making significant progress on its digital currency, according to Andre Abir, the deputy Governor of the country&rsquo...

Chris Giancarlo: U.S. risks becoming 'backwater' without central bank digital currency

The former CFTC chairman weighs in on what a U.S. CBDC might look like, as well as the benefits it could bring to American citizens. One of the few high-profile public...

Bank of Israel deputy governor confirms digital shekel pilot is underway

Despite the pilot, the central bank's deputy governor said he was apprehensive about launching a full-scale CBDC in Israel, and referred to Bitcoin as a "pyramid scam."...

Digital Currency Group to Purchase $50M of Grayscale Ethereum (ETH) Classic Trust Shares – AronBoss

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Nigeria’s Central Bank Could Launch Digital Currency By End of 2021

The digital currency project could be ready for a pilot phase within the next few months, according to the central bank. The peer-to-peer crypto market in Nigeria provides for the largest volumes in Africa Nigeria could become the first African count...

Banque de France tests digital currency-based securities settlement

The Bank of France has completed a central bank digital currency pilot for securities transactions in collaboration with Swiss crypto bank SEBA. The central bank of F...

Digital euro offers better privacy protections than private stablecoins: ECB official

Unlike private companies, the ECB has “no commercial interest” in monetizing users’ data, the ECB executive board member argued. European Central Bank (ECB) executive...

Decentralized identity can bring the analog world into the digital one

A system of unified digital identity can replace lengthy approval and authentication chains with a simple DLT solution. It is a given that connected devices need relia...

Biggest state in Germany introduces digital school certificates on the blockchain.

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NFT art galleries: Future of digital artwork or another crypto fad?

Physical NFT art galleries are popping up all over, but why? And does the public appreciate them, regardless of their crypto knowledge? As nonfungible token (NFT) art...

"Crypto Valley" - San Martin de Los Andes, Argentine. First crypto city in this country. Almost 60% of the population knows about cryptocurrencies and 40% of businesses accept digital currency. It is on its path to a digital city.

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Spanish Deputies File Proposal to Accelerate the Creation of a Digital Euro

A group of Spanish deputies filed a proposal that seeks to accelerate the implementation of a digital euro. The proposal, presented on June 8, asks for the creation of a group to study the implementation of a digital currency in the Eurozone. This st...

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