Indian banks and retailers have reportedly begun accepting contactless payments made with digital rupees. The move is part of the Reserve Bank of India’s retail central bank digital currency...
The Bank of the Lao PDR Payment Systems Department and SORAMITSU Co., Ltd. have signed a Memorandum of Understanding (MOU) to launch a Central Bank Digital Currency (CBDC) Proof...
Cryptocurrency exchange Binance will temporarily suspend U.S. dollar bank transfers commencing February 8. The company announced the move in a Monday (Feb. 6) post on Twitter, adding that only...
The Bank of England (BoE) and Britain’s finance ministry think the UK is likely to need to create a central bank digital currency (CBDC) later this decade, according to...
Clients of Cumberland DRW, a prominent liquidity provider in digital assets, can now trade crypto denominated in Canadian dollars. This new capability, said Cumberland in a Twitter post, will...
The demand for Bitcoin (BTC) in Nigeria has skyrocketed in the wake of a collapse in the value of the naira (NGN), the country’s fiat currency, and limitations placed...
Twitter is designing a system to permit payments through the social-media platform, and although billionaire owner Elon Musk wants it “first and foremost” to be for fiat currencies, he...
A bill has been introduced in the U.S. state of New York to allow state agencies to accept cryptocurrency payments, including bitcoin, ether, litecoin, and bitcoin cash. The legislation...
As reported in CoinDesk on Nov. 6 and in a Barclays note on Dec. 7, Circle is shifting many of the assets backing its USDC stablecoin from direct holdings...
Despite the ongoing Crypto Winter, Bitcoin supporters are certain that the future for the fledgling industry is bright. And so far this year, they’ve had reason to celebrate. Bitcoin’s...