Home Tags Cryptocurrency
Facebook’s Libra clearly demonstrates a demand for cheaper and faster global payments service. RBI must accelerate its research on payment methods to serve this demand.
A stablecoin like Libra could weaken effect of monetary policy on domestic interest rates and credit conditions, a risk for central banks in Asia.
A cryptocurrency issued by a Hong Kong firm has consistently surpassed trading volumes of Bitcoin since early August.
There is a chicken-and-egg dilemma with money — it can’t circulate until it circulates. The currency 'airdrop' could be the doorway to several economic solutions.
Given Facebook's failures around privacy, a near-unanimous notion among US lawmakers is that the tech giant shouldn’t be trusted to create a new global currency.
Modi govt & RBI have virtually outlawed cryptocurrencies. RBI has placed restrictions & govt is drafting a law with stringent penalties on their use.
Bitcoin saw an 18% dip on Friday even as optimism surrounding a potential increase in adoption of cryptocurrencies has been fueling a price increase.
A look at what Libra is, how it compares to other cryptocurrencies and whether you should be concerned about using it when it arrives.
For RBI & other central banks, prospect of being at the mercy of a cabal of tech czars & venture capitalists could seem less predictable, more sinister.
An Australian-born technologist gained notoriety 3 years ago when he declared himself the inventor of Bitcoin. But he’s been called a fraud.