EU Bankers to Discuss Creation of Centralised Digital Currency in Secretive Meeting – Report
The creation of a Eurozone-wide digital currency is to be discussed at a secretive meeting of EU bankers this week, a report has claimed.
digital currency
Sam Bankman-Fried Denied Bail in Bahamas
A Bahamas judge on Tuesday denied disgraced former CEO Sam Bankman-Fried bai, and he will be remanded to custody, according to reports.
Zuck Bucks: Facebook Is Still in Love with the Idea of Issuing Digital Currency
A recent report claims that tech giant Facebook (now known as Meta) is still planning on developing its own digital currency despite previous failures in the crypto space. Mark Zuckerberg and the Masters of the Universe are reportedly exploring the “least regulated way to offer a digital currency.”
IMF Demands El Salvador Give Up on Bitcoin
The International Monetary Fund (IMF) on Tuesday “urged” El Salvador’s government to rescind the legal tender status it bestowed to Bitcoin, a type of cryptocurrency, in September 2021, indicating that its failure to do so could hinder El Salvador’s intention of securing a future loan from the financial institution.
Kazakhstan Blames Cryptocurrency Mining for Nationwide Energy Shortages
Kazakhstan’s government has blamed the country’s booming crypto mining industry on nationwide energy shortages and recently threatened to crack down on the practice with new regulations and higher taxes.
Exclusive – Bipartisan Infrastructure Bill’s Cryptocurrency Tax Could Kill American Jobs, Threaten Liberties
Senate Republicans, Senate Democrats, and President Joe Biden’s inclusion of a $30 billion cryptocurrency tax could offshore American jobs and threaten American liberties, Republican lawmakers and industry leaders told Breitbart News exclusively.
Facebook’s Libra Cryptocurrency Hit with Tough Regulatory Hurdles in Europe
E.U. officials have established tough hurdles for Facebook’s proposed cryptocurrency Libra as well as other private digital currencies, saying they shouldn’t receive regulatory approval until the risks they pose are better understood.
Iran Announces Launch of Official Digital Currency
The Secretary of Iran’s Supreme Council of Cyberspace, Abolhassan Firouzabadi, announced on Sunday that the Islamic Republic would be bringing digital, or crypto, currency to the country in the near future regulated by the government.
Iran’s Currency Extends Record Fall, Regime Announces Digital Currency
Iran’s currency, the rial, plunged to a second record low on Sunday, dropping past 100,000 rials to the U.S. dollar. The currency’s collapse comes one week until the August 7 deadline when the United States will reimpose economic sanctions on Iran.
