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Report: Macau Discusses Bill That Proposes to Make Digital Currencies Legal Tender

Report: Macau Discusses Bill That Proposes to Make Digital Currencies Legal TenderMacau, one of China’s special administrative regions, recently concluded discussing a bill that seeks to make digital currencies legal tender, a report has said. The report also suggested that individuals who reject or refuse to accept legal tender will be fined between $123 and $1,230. Improving Macau’s Legal System An executive council of Macau, an […]

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Microsoft President Says the World Is Best Served When Currencies Are Issued and Backed by Governments

Microsoft President Says the World Is Best Served When Currencies Are Issued and Backed by GovernmentsMicrosoft President Brad Smith says that “The world is best served when currencies are issued, backed by and regulated by governments.” He further emphasized that he is not a fan of encouraging the private sector to issue digital currencies. Microsoft’s President Says Currency Issuance Should Be Left to Governments Brad Smith, President of Microsoft Corp., […]

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