"cryptocurrency" tag
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Digital currency: a lexicon

All cryptocurrencies are digital currencies, but not all digital currencies are cryptocurrencies. Do you know the difference? Or how blockchain works? Read on for a glossary of key terms in the world of digital currencies. Digital...

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Africa’s quiet cryptocurrency revolution

Cryptocurrency transactions in Africa are growing rapidly. On a continent that already embraces mobile money, virtual currency offers advantages for a young, tech-savvy population. Africa is undergoing an economic revolution that has nothing to do...

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China leads in race for digital currency

Imagine going to the bank to take out cash, except without going to the bank and without the cash. If the Chinese central bank’s plan for a digital yuan succeeds, the future could look something like...

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Cryptocurrency Ban: Example of Bureaucratic high handedness

It’s official now! A draft bill is prepared to ban cryptocurrency lock, stock and barrel in India. India, more precisely its bureaucracy, christened as ‘Inter-Ministerial Committee’, has submitted a bill which has not only criminalized...

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Facebook’s cryptocurrency plan is taking shape

The world’s biggest social network has indicated that it wants to move into the payments industry by launching its own cryptocurrency next year. DW looks at what’s behind Facebook’s not-so-cryptic plan. Why would Facebook want...

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A case for India’s own cryptocurrency chain, Bharat Coin gaining momentum

The masses might be wondering what – cryptocurrency or the Indian avatar of it -Bharat Coin. Let’s get into the business of deciphering the impalpable object! Cryptocurrency as a digital asset and a virtual form of money...

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What Could Dethrone the Dollar as Top Reserve Currency?

What will finally pull the rug out from under the dollar’s hegemony? The euro? The Chinese yuan? Cryptocurrencies? The Greek drachma? Whatever it will be, and however fervently the death-of-the-dollar folks might wish for it, it’s not...

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Trading in bitcoins may be coming soon to Goldman Sach

Top Wall Street bank Goldman Sachs is considering launching a trading operation in bitcoins possibly pushing the digital currency into the mainstream. It would be the first big bank to do so. Goldman Sachs is...

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A bitcoin how-to for hapless hackers

If you were a wannabe hacker, here’s how you’d use bitcoin to hold internet users to ransom. But be warned: You’d probably get caught – especially if you made mistakes like the WannaCry hackers. First,...