Bank of England Will Not Develop a Digital Pound Based Digital Yuan’s Model
Bank of England Deputy Governor John Cunliffe has said the digital pound is likely to operate as a “merchant-grade” instrument based on a bank account.
Bank of England Deputy Governor John Cunliffe has said the digital pound is likely to operate as a “merchant-grade” instrument based on a bank account.
The bank has said that cryptocurrencies pose threats to the stability of global and local financial systems.
The authorities of Belgium plan to regulate digital currency transactions in line with securities law.
The Department of Trade and Industry of the country has been asked to investigate Binance for illegal sales promotion.
Crypto exchange BitMEX has decided to stop offering its services to Russian users to comply with the sanctions imposed by the European Union.
Crypto miner maker Bitmain has started selling the Antminer E9, which runs on the Ethash algorithm.
Trading volumes on crypto exchanges in India have fallen following the approval of a new tax on cryptocurrency transactions.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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