In May of this year, the State Bank of Pakistan (SBP) stated that virtual assets were not illegal. But advised financial institutions not to engage with them until a formal licensing framework was in place in the country.  



'Building up our capacity': Pakistan to launch digital currency? Here's all you need to know

The international monetary fund notes an interesting trend emerging in West & Central Asia. Nearly two-thirds of countries are exploring central bank digital currencies or c-b-d-cs. These digital versions of traditional cash, issued by governments, aim to address key challenges in the region.

19 nations in West Asia exploring central bank digital currencies

Global survey reveals limited support for Central Bank Digital Currencies

Explainer: How Hong Kong plans to test its digital dollar in $229 billion mortgage market

The Reserve Bank of Zimbabwe is set to introduce a new digital currency backed by gold, in an effort to stabilize its local unit and address high currency volatility. But its latest experiment cannot turn into a reality without gold worth at least 100 million dollars.

How Zimbabwe plans to launch digital tokens

Gold-backed digital tokens: Zimbabwe’s bid to revive its local currency

The Reserve Bank of Zimbabwe is set to introduce a new digital currency backed by gold, in an effort to stabilize its local unit and address high currency volatility.

Zimbabwe plans gold-backed digital currency

US SEC threatens to sue Coinbase over some crypto products, serves notice for action

The UK is preparing to join the growing list of countries, which are rolling out digital currencies. British authorities have given emphasis to the idea and have formally asked for public comment on the same.

Britcoin: UK's digital currency

Seoul: North Korean hackers steal US$ 1.2 billion by crypto hacking and other illicit cyber activities

Crypto is at a crossroads after facing an unfortunate year. Crashes, contagion and collapses came in such quick succession that investors are now on the verge of asking some serious existential questions.

World Business Watch: Cryptocurrency faces an existential threat

What is digital currency? How's it different from crypto-currency? All questions answered

FTX conducts strategic assessment; requests judicial relief to pay important vendors

India: RBI to pilot launch e-rupee for specific cases, releases concept note

India is working towards introducing what is known as 'digital currency'. The currency will be referred to as the E-Rupee and is intended to make payments much more efficient.

India to introduce its digital currency 'E-Rupee' soon

A cashless society is not so far away in the distant future. Norway's Central Bank is testing out a new digital currency, spurred by the decline in cash use and changes to payment systems. Priyanka Sharma explains.

WION Fineprint | Norway digital currency experiment: How does it work?

Australia's central bank stated that it was launching a one-year research programme into the case for a central bank digital currency (CBDC) in Australia, focusing on potential economic benefits.

Australia's central bank launches digital currency project

Australian central bank proposes the concept of digital currency

A 23-year-old Argentine young man is mining cryptocurrencies. Sebastian Carsorio is making extra money after getting overwhelmed by economic situation. He works repairing appliances at recycling foundation. He made over 180,000 dollars after he started mining cryptocurrencies. With his profit, he invested in property.

This young Argentine is making money by mining digital currency

Bitcoin soared after President Joe Biden signed an executive order that requires the U.S. government agencies to assess the benefits and risks of creating a central bank digital dollar and other cryptocurrencies. The executive order potentially expands the adoption of virtual currencies in the U.S. financial system.

Bitcoin surges after Biden signs executive order on digital assets

US President Joe Biden is expected to sign a long-awaited executive order this week which will direct the justice department, treasury and other agencies in the US to study the legal and economic ramifications of creating a central bank digital currency.

US President Joe Biden to order digital currency study to know legal & economic ramifications

Decoding how RBI’s Digital Rupee will impact the Indian economy

In a big boost to the economy, the digital rupee - using blockchain and other technology - will be introduced by the central bank in 2022-23, Finance Minister Nirmala Sitharaman.

Indian Budget 2022: Digital Rupee to be issued using blockchain and other technologies - Nirmala Sitharaman

United States has become the latest country to jump on digital currency bandwagon. US central bank Federal Reserve, it has said in a long-awaited discussion paper released yesterday that creating an official digital version of US dollar could give Americans more and speedier payment options.

Federal Reserve kicks off debate on issuing its own digital currency

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