The European Union’s central bank digital currency (CBDC) may have transaction and store-of-value limits for individuals, Fabio Panetta, an executive board member of the European Central Bank (ECB), suggested at the "Towards a legislative framework enabling a digital euro" conference hosted by the European Commission.

Japanese policymakers made fresh threats of intervention on Thursday after the yen tumbled past the key psychological level of 150 to the dollar, keeping investors on high alert in case Tokyo steps into markets again to support the fragile currency.

Since it was created in 2009 by the pseudonymous Satoshi Nakomoto, Bitcoin has become increasingly popular and valuable, garnering worldwide attention. In April 2021, Bitcoin’s market capitalization crossed the $1 trillion mark, making it a more attractive investment option for many when compared to gold. However, there are underlying principles that determine what constitutes money in an economy. Can we use mangoes as currency? No, it lacks some critical elements that are necessary to establish the value of an asset.

The year is 2050. Cash has largely disappeared from everyday life. Anyone caught with any form of paper money is considered suspicious. Drugs? Money laundering? Sabotage? Cash is dirty. The currency is digital now. But: Our digital payment transactions have long been fully monitored. This has given economists and central bankers completely new possibilities. As well as the police.

Croatia will adopt the euro on January 1, 2023. Bulgaria’s hopes of doing likewise in 2024 look increasingly slim, however. 

Digital technology is poised to change our relationship with money and, for some countries, the ability to manage their economies.

The White House is set to start working on a strategy to study and regulate cryptocurrency, while also looking into developing its own central bank digital currency (CBDC). Coming off the back of a Federal Reserve report (PDF warning) into a digital dollar, and according to a report in Yahoo Finance, President Biden will issue an executive order on cryptocurrency oversight next week.

Cryptocurrency is not merely a bad investment or speculative bubble. It’s worse than that: it’s a full-on fraud.

People investing in the cryptocurrency should be aware of risks, central bank says

The dollar eased against its major peers on Monday, but remained near its 16-month high hit last week on the back of inflation concerns, as investors looked forward to fresh data this week on the state of the U.S. consumer.

The Federal Reserve (Fed) analysts see in a longer horizon, payments solutions such as digital currencies have the potential to reduce the use of the USD.

The U.S. dollar climbed to its highest level in more than 10 months on Tuesday, while other major G10 currencies weakened, as a rise in U.S. Treasury yields made the greenback more attractive to investors.

Support for withdrawals comes shortly after Crypto.com launched support for USDC deposits, thanks to a new partnership with USDC issuer Circle. The digital asset exchange platform Crypto.com has now enabled withdrawals of USD Coin (USDC), meaning that users can withdraw the stablecoin and receive U.S. dollars at a one-to-one ratio directly to their bank account. …

A raft of seemingly unrelated incidents and developments have shaken up global markets. But there are two things that connect them. Archegos Capital management, Gamespot, Greensill and others.

we share everyday price predictions and news about cryptocurrencies. For example about our main topic: Bitcoin or about: Ethereum, XRP (Ripple XRP)

Visa chairman and CEO Al Kelly have indicated that the payment giant could add cryptocurrencies to its list of over 160 currencies. The company aims to improve its payment network and develop greater access. Kelly was chatting on the firm’s fiscal Q1 2021 earnings call, where he described cryptocurrencies such as Bitcoin as “digital gold” that is not utilized as a method of payment vitally at this point. He stated that the payment giant would make cryptocurrencies more valuable, safe, and applicable for payments.

The digital RMB (E-CNY) pilot is very mysterious and low-key, but people can still feel the grand pattern of the digital RMB from various information. As a product with a high financial technology content of the central bank, the digital renminbi will become a heavyweight weapon that substantially promotes financial services to the real economy and manages financial risks.

There's more substance to the surging price of Bitcoin than last time. But there's still good reason to be cautious about investing in it.

Paypal now lets you buy and sell cryptocurrencies, like Bitcoin and Ethereum. Paypal's FAQ reveals some big shortcomings to its cryptocurrency offerings.

Speculation kicked off after someone moved the huge sum on Tuesday, and now we know who it was: the U.S. government.