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HONG KONG: Bitcoin vaulted above US$29,000 to reach yet another record level on the last day of 2020, showing no signs of slowing down its torrid December rally.
Sweden’s government will start exploring the feasibility of having the country move to a digital currency, marking another step into the unknown for the world’s most cashless society.
BITCOIN, the world’s largest cryptocurrency, is on track to close out a banner year with another bang.
NEW YORK: It’s been a tough year by all accounts. But for Bitcoin, 2020 has been a marvelous time.
In the aftermath of the coronavirus, governments can reimagine capitalism by giving all of us a stake in the most valuable byproduct of our day-to-day living: data
Last year’s backlash against Facebook Inc’s planned digital currency Libra would have been most CEOs’ worst nightmare.
NEW YORK (Bloomberg): Now that bitcoin has topped US$20,000 for the first time, should you shift your hard-earned cash into digital currencies?
BEIJING: The People’s Bank of China (PBoC), the central bank, said it will investigate and punish institutions and individuals that refuse to accept valid bank notes and coins and reiterated that it would protect the groups/individuals who find it inconvenient to use electronic or other noncash payment methods.
BEIJING (China Daily/ANN): One hundred thousand residents in Suzhou, Jiangsu province, selected through a lottery, are participating in an upgraded pilot programme of the digital renminbi that began on Friday (Dec 11).
LONDON (Reuters) - Criminals are becoming more sophisticated in their use of cryptocurrencies to launder money, with hundreds of millions of dollars of dirty funds last year flowing through digital wallets that allow users to hide their trail, according to Elliptic.