- by foxnews
- 24 Nov 2024
India to ban private cryptocurrencies and launch official digital currency
India to ban private cryptocurrencies and launch official digital currency
- by theguardian
- 26 Nov 2021
- in technology
1.1 k views
The proposed legislation follows a crackdown on cryptocurrencies in China, where financial regulators and the central bank have made all digital currency transactions illegal.
In September, El Salvador became the first country to accept a cryptocurrency, bitcoin, as legal tender. But major economies have generally been wary of digital currencies, with the deputy governor of the Bank of England, Sir Jon Cunliffe, warning that they could cause financial meltdown. Nonetheless, the BoE and the Treasury are to launch a formal consultation into a UK central bank digital currency next year.
you may also like
- by foxnews
- 24 Nov 2024
Fox News AI Newsletter: Mr. Miyagi's dramatic return
- by foxnews
- 24 Nov 2024
Cheap Black Friday deals cost to your privacy
travel
- by foxnews
- descember 09, 2016
Italy expected to draw travelers by the millions as Pope Francis kicks off Holy Year
The 2025 Jubilee will bring tourists to the Vatican, Rome and Italy to celebrate the Catholic tradition of patrons asking for forgiveness of sins. Hope will be a central theme.
read more