digital currency

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Hong Kong Will be the First City to Use China's Digital Currency

12 Aug 2020 1 minute read 2 comments Abhimanyu Krishnan

Local media outlet Southern Daily reported on August 12 that officials from the People’s Bank of China had confirmed that Hong Kong’s Greater Bay Area would be the first region that would use China’s digital currency, DCEP.  China has been testing a...

Mining 1 Bitcoin (BTC) in Iran will cost 208 million Tomans

12 Aug 2020 1 minute read 0 comments Melina Mehr

Electricity required for mining each bitcoin in Iran is about 208 million tomans (The currency of Iran, which is worth about $ 1 for every 20,000 tomans.), and the initial capital required to create a cryptocurrency farm is about 4 billion Tomans for...

Digital Currencies: Bank of Lithuania issues the first digital collector's currency

10 Jul 2020 1 minute read 0 comments Pot Project

First timid step of a Eurozone Central Bank into the future of digital currencies. The Central Bank of Lithuania has announced the sale of the world's first digital currency, which will also be a collector's item, on its online shop from 23 July. Lb...

JPMorgan: the USA will suffer the most from the potential of the digital currency

22 May 2020 1 minute read 0 comments Kluma

The company said that countries will be able to reduce their dependence on the dollar by developing their digital payment systems, but this will not happen in the near future. At the same time, China proposed creating a single stablecoin for Asian co...

Episode 52: What does ‘universal basic income’ have to do with a digital dollar or a central bank digital currency?

19 May 2020 1 minute read 0 comments NewCreationCapital

Audio: Video:     Join The New Creation Cronies Telegram Group In Episode 52 We dive a little deeper and ask the question what does universal basic income have to do with CBDCs.   This is our Story of the Day Other News:

Top Things You Should Know About DigiByte (DGB)

18 May 2020 7 minute read 15 comments MuyAsk

Hey guys :) Today I’ve covered something that might be of interest to you, a comprehensive Q&A piece on the highly popular community-driven digital currency – DigiByte (DGB). DigiByte is an open-source blockchain protocol and digital currency that ha...

Visa Considered Ethereum for a Digital Currency

15 May 2020 1 minute read 2 comments Abhimanyu Krishnan

A patent application published by Visa on May 14 shows that the financial company is considering launching its own digital currency. The patent for a blockchain-based digital currency was filed at the U.S. Patent and Trademark Office on May 14, but w...

A reflection of Bitcoin’s relevance post the special event of it’s 3rd ever Halving!!

14 May 2020 3 minute read 3 comments Greenchic

 And 2020 Bitcoin Halving is over!! So, it passed off, a major event in crypto which all of you can guess, it’s been screaming in the news - BITCOIN HALVING!! Well, it’s over on Monday and we can hear other things for a change, but let’s reflect on...

Top Things You Should Know About Decred (DCR)

6 May 2020 10 minute read 5 comments MuyAsk

Hey guys :) I’m back once again with yet another comprehensive list of questions and answers; this time for the promising Bitcoin-like governance cryptocurrency – Decred (DCR). In the following article, I lay everything out on the line so that you ca...

Episode 34: New Ripple Partner? Is China's Digital Yuan Forcing the USA and the Rest of the World to Go Cashless?

28 Apr 2020 1 minute read 0 comments NewCreationCapital

Audio: Video:     In Episode 34 XRP, Ripple get a new big time partner and we ask the question if China's Digital Yuan is forcing the rest of the world to go cashless.  We decided to dig into this as our "Story of the Day" Bank Of China Expands Tes...