1. Home
  2. Digital currency

Digital currency

Chinese microchip company says it’s now accepting Bitcoin as payment 

Coin Telegraph
Chinese microchip company says it’s now accepting Bitcoin as payment 
Bitcoin Payments

Huangzhou-based crypto mining chip maker Nano Labs saw its share price rise slightly after announcing it will start accepting Bitcoin as payment.

Shares in China-based crypto mining chip designer Nano Labs rose slightly after announcing it is now accepting Bitcoin as payment for its goods and services through a business account on Coinbase.

In a Nov. 11 statement, the Huangzhou-based crypto mining chip maker, which is listed on the Nasdaq, said the move was part of a “commitment to embracing the latest in financial technology” as demand increases for “digital currency transactions in the technology sector.”

Nano Labs said it was taking a “proactive stance in the evolving digital economy” as crypto “adoption continues to grow, particularly among businesses seeking efficient and secure cross-border transactions.” 

Read more

Read more
Institutional Crypto Products See ,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Will Banks Survive? Bank of England Prepares to Launch CBDC if Innovation Stalls

Bitcoin.com
Will Banks Survive? Bank of England Prepares to Launch CBDC if Innovation Stalls
Bank of England
Will Banks Survive? Bank of England Prepares to Launch CBDC if Innovation StallsThe Bank of England cautions it could deploy a digital currency if commercial banks falter, signaling a potential upheaval in the future of money. Digital Payments Showdown: BOE Set to Roll Out CBDC if Banks Slip Behind Bank of England (BOE) Governor Andrew Bailey shared his outlook on the evolution of digital payments in a […]
Read more
Institutional Crypto Products See ,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Norway’s Central Bank on CBDC Progress: We’re Not Falling Behind

Bitcoin.com
Norway’s Central Bank on CBDC Progress: We’re Not Falling Behind
bitcoin.com
Norway’s Central Bank on CBDC Progress: We’re Not Falling BehindNorway’s central bank is on track to decide by 2025 whether to adopt a central bank digital currency (CBDC), but officials stress there’s no urgency. Despite Norway’s cashless society, with only 2% using cash, the bank is carefully studying both retail and wholesale CBDC options, emphasizing complex issues and the need for collaboration with other […]
Read more
Institutional Crypto Products See ,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Global Finance Faces a Shift as Mbridge Digital Currency Platform Challenges US Dollar

Bitcoin.com
Global Finance Faces a Shift as Mbridge Digital Currency Platform Challenges US Dollar
Asean
Global Finance Faces a Shift as Mbridge Digital Currency Platform Challenges US DollarThe People’s Bank of China emphasized the Mbridge platform’s role in improving cross-border payments through the use of central bank digital currencies (CBDCs), aiming to reduce inefficiencies and avoid new barriers. The platform, which targets underserved regions like ASEAN, could reshape global finance and challenge the U.S. dollar’s dominance while requiring careful coordination to maintain […]
Read more
Institutional Crypto Products See ,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

International agencies report on tokenization to G20 officials

Coin Telegraph
International agencies report on tokenization to G20 officials
BIS

The Bank for International Settlements and the Financial Stability Board have similar views on tokenization — it could provide new benefits and familiar challenges.

The Bank for International Settlements (BIS) and the Financial Stability Board (FSB) have both released a series of papers ahead of the Group of 20 (G20) Finance Ministers and Central Bank Governors meeting on Oct. 23 and 24.

Brazil is the president of the G20 world’s largest economies for 2024 and, like India last year, it called for a discussion of digital currency.

Both the BIS and FSB released papers on tokenization on Oct. 22. Although their studies were carried out independently, the BIS and FSB emphasized common themes.

Read more

Read more
Institutional Crypto Products See ,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

How Bitcoin’s Success Could Be Fueling Poverty for Latecomers and Non-Holders, ECB Economists Claim

Bitcoin.com
How Bitcoin’s Success Could Be Fueling Poverty for Latecomers and Non-Holders, ECB Economists Claim
Bitcoin
How Bitcoin’s Success Could Be Fueling Poverty for Latecomers and Non-Holders, ECB Economists ClaimBitcoin’s rise is enriching early adopters at the expense of society, according to a paper by European Central Bank (ECB) economists. They argued that bitcoin’s speculative growth leads to wealth redistribution, where early investors gain while non-holders and latecomers are left poorer. Economists warn this dynamic could harm societal stability, deepening inequality and threatening democracy […]
Read more
Institutional Crypto Products See ,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Russia Pushes Digital Currency Plan for BRICS — Is This the End of Western Financial Dominance?

Bitcoin.com
Russia Pushes Digital Currency Plan for BRICS — Is This the End of Western Financial Dominance?
bitcoin.com
Russia Pushes Digital Currency Plan for BRICS — Is This the End of Western Financial Dominance?Russian President Vladimir Putin has unveiled a plan to introduce digital currencies as a key tool for investment for the BRICS alliance. This proposal aims to boost economic growth in developing nations, with a focus on minimizing inflationary risks. By involving BRICS members and other developing countries, Putin sees this initiative as a critical step […]
Read more
Institutional Crypto Products See ,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Crypto ATMs Coming to 45 New Locations Across Five US States

Bitcoin.com
Crypto ATMs Coming to 45 New Locations Across Five US States
Allsup's
Crypto ATMs Coming to 45 New Locations Across Five US StatesCryptocurrency is becoming more accessible across the U.S. with the expansion of digital currency kiosks to 45 new locations in the Southwest and Midwest. Yesway, a fast-growing convenience store chain, is partnering with Coinflip to bring crypto ATMs to its customers, offering a seamless and secure way to buy and sell bitcoin and other digital […]
Read more
Institutional Crypto Products See ,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

BRICS Unified Currency Deemed Premature by Russian Official

Bitcoin.com
BRICS Unified Currency Deemed Premature by Russian Official
bitcoin.com
BRICS Unified Currency Deemed Premature by Russian OfficialRussia’s Deputy Foreign Minister has stated that discussions on a single currency for the BRICS economic bloc are premature due to differences in financial regulation among member nations. Instead, the focus remains on enhancing financial sovereignty and exploring national currencies for trade. Ryabkov highlighted ongoing efforts to strengthen the bloc’s economic independence, with authorities actively […]
Read more
Institutional Crypto Products See ,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

ECB official proposes unified European ledger for digital assets

Coin Telegraph
ECB official proposes unified European ledger for digital assets
Blockchain

European Central Bank executive board member Piero Cipollone would like to see a sort of European union for digital assets.

A European Central Bank (ECB) official has introduced the idea of a “European ledger” — a continental unified ledger. Such a blockchain could bring European digital assets and money together in one place, leading to greater efficiency and synergy. 

ECB executive board member Piero Cipollone said Europe’s traditional capital markets are fragmented and have unharmonized legislation to overcome, but there is a chance to create a unified platform for digital assets. He called that platform a digital capital markets union.

According to Cipollone, more than 60% of banks in the European Union are exploring or experimenting with distributed ledger technology (DLT), and another 22% already use it. But while DLT provides an opportunity to create financial integration, it does not guarantee it, Cipollone said at a symposium hosted by the German central bank. On the contrary:

Read more

Read more
Institutional Crypto Products See ,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

WordPress Theme by cactus.com
Close

Share this video