US Treasury Secretary Yellen Says She’s Undecided Whether the Fed Should Issue Digital Currency

The U.S. Treasury Secretary Janet Yellen says that she has not made up her mind about whether the Fed should issue a central bank digital currency (CBDC). “There are some benefits” to a digital dollar, Yellen said, but noted that “there are also meaningful costs.” Janet Yellen Has Not Decided Whether the Fed Should Develop … Read moreUS Treasury Secretary Yellen Says She’s Undecided Whether the Fed Should Issue Digital Currency

India Won’t Recognize BTC As Currency, Nor Does It Collect BTC Transaction Data

India continues its flirtation with Bitcoin and other cryptocurrencies. The Indian Parliament’s winter sessions started, and, as it turns out, BTC won’t be the star of the show. In fact, the lower house of the parliament asked the Finance Minister point blanc if there was a proposal to recognize Bitcoin as currency. The answer was … Read moreIndia Won’t Recognize BTC As Currency, Nor Does It Collect BTC Transaction Data

India Has No Plans to Recognize Bitcoin As Currency; RBI Working On CBDC Rollout: Reports

The Indian government does not plan to recognize bitcoin as a currency, finance minister Nirmala Sitharaman said on Monday. During a question and answer session in the parliament, Nirmala Sitharaman also said that the government does not collect data on bitcoin transactions, according to a report from local news site Mint. The Reserve Bank of … Read moreIndia Has No Plans to Recognize Bitcoin As Currency; RBI Working On CBDC Rollout: Reports