digital currencies

The Reserve Bank of India (RBI) has launched the Central Bank Digital Currency (CBDC) for the wholesale market as part of its first pilot test program to evaluate and enhance the functionality of the digital rupee. Within a month, India’s Central bank would begin a similar test for the retail...

Australia's central bank has launched a one-year research program for a central bank digital currency (CBDC) to find out the potential economic benefits it might bring. What Happened: The Reserve Bank of Australia (RBA) said it has partnered with a government-backed industry group, the...

The cryptocurrency Bitcoin jumped nearly 10% and traded above the $11,000 mark Monday in part due to macro events in China, according to Circle CEO Jeremy Allaire. What Happened Bitcoin's surge is "very clearly" related to the currency conflicts and trade wars that dominated Monday...

Shares of Digital Power Corporation (NYSE: DPW) were soaring Wednesday morning after the company announced the creation of a new business unit dedicated towards mining cryptocurrencies. What You Need To Know Digital Power is a company that designs, manufactures, and sells power system solutions...

JPMorgan Chase & Co. (NYSE: JPM)'s CEO Jamie Dimon could be considered by some as bitcoin's harshest critic. The bank executive said during CNBC's Delivering Alpha conference last week that the digital currency is a "fraud" and suggested that it is loved by criminals because of its anonymity....

Chinese regulators have shut down bitcoin exchanges, leaving the future of digital currencies in China up in the air and sending the price of bitcoin and ether tumbling. On Thursday, China Business News and 21st Century Economic Report both reported that regulators verbally instructed Chinese...

There has been a lot of talk in recent years about Bitcoin and the potential of digital currencies. So far, very few banks and countries have made much actual progress in creating digital currencies, but Bloomberg’s Christopher Langner believes that Misubishi UFJ Financial Group Inc (ADR) (...