In a change of position towards cryptocurrencies, the Dubai Court of First Instance has recognized these digital assets as means of payment for salaries.
With this decision, the judicial body shows a shift towards a progressive change with respect to cryptocurrencies in the United Arab Emirates,…
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digital currencies
Bolivia enabled purchase and sale operations with cryptocurrencies
The government of Bolivia authorized the use of cryptocurrencies for buying and selling, with the purpose of boosting the local economy.
After a moment of tension experienced by irregular military movements on June 26, the government of…
Lima Stock Exchange authorized investments in spot Bitcoin ETFs
As another step in the adoption of cryptocurrencies, the Lima Stock Exchange (Peru) has authorized residents and companies in the country to invest in Bitcoin ETFs from BlackRock, VanEck and Invesco.
On January 11, spot bitcoin ETFs began…
Robinhood increased its earnings on cryptocurrency operations
The stock and cryptocurrency trading platform Robinhood, whose main base of operations is in the United States, presented its latest quarterly report. In this balance, they highlight that they capitalized 43 million US dollars from their…
Increased interest of central banks around the world for digital currencies
Central bank digital currencies, or CBDCs, are attracting increasing interest from the world's central banks, according to a study by the Bank for International Settlements (BIS).
The study by the Swiss-based body was published on Monday.…
South Dakota will treat CBDCs as money
The Senate of South Dakota, a state located in the Midwestern United States, recently passed a law that establishes that digital currencies issued by central banks, known as CBDCs, will be considered as legal money in the state. However,…
Japan and Russia will test their CBDC coins in April
The central banks of Russia and Japan announced that in April they will launch the pilot tests of their CBDCs, planes that they have been working on for a few months.
The executive director of the Japan Bank, Uchida Shinichi, declared this…
Bank of England believes digital pound can coexist with private stablecoins
The Bank of England expressed its belief that the digital pound can coexist with private stablecoins. The Bank reportedly indicated that the digital pound could be supplemented with private stablecoins in a digital payment system.
In an…
China will take its digital asset pilot to other provinces
The People's Bank of China recently announced that it will expand the digital currency pilot program to four other provinces in the Asian nation.
Information published by local media indicated that the deputy governor of the financial…
Australia to explore use cases for CBDC
The Reserve Bank of Australia (RBA) announced that it will conduct a pilot program to explore the use cases and potential economic benefits for central bank digital currencies (CBDCs).
This program will be carried out by the Digital…
The US Treasury highlights the importance of CBDC
The US Treasury's Bureau of Financial Research recently indicated that central bank digital currencies (CBDC) can increase the stability of the banking system.
The institution's researchers indicated that in difficult times, clients often…
El Salvador will mine bitcoin with solar energy
In the north of El Salvador, in the Department of Chalatenango, the first private bitcoin mining farm will be carried out, which includes the construction of a 6 megawatt (MW) photovoltaic solar power plant to generate digital currencies…