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You Searched For "virtual currency" and got 20 results


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6 mins read

India’s digital currency to be launched in FY23 to be cost effective, transparent and secure

The central bank digital currency (CBDC) is about to be launched this financial year in FY23, finan…

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1 min read

Roblox shares soar 27% as gains in users and virtual currency purchases lift quarterly results

"Growth was strong across all geographies and age groups with particular strength among users above…

Filip De Mott   


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2 mins read

The Fed may release its long-awaited paper on central bank digital currencies as early as next week, report says

Jerome Powell has said CBDCs would negate the need for stablecoins, but other observers say a digit…

Isabelle Lee   


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4 mins read

Is the Dollar dying? Its reserve currency status may be at risk, but it isn’t time to die

The world is going through an upheaval on multiple fronts, many of which lead to the US’ unchecked …

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4 mins read

Time value of money: The guiding principle for virtually every financial and investing decision

The time value of money (TVM) is the idea that money today is worth more than the same amount in th…

Veneta Lusk   


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2 mins read

Brazil's president wants to end dollar dominance and backs calls for BRICS nations to use their own currency

"Who was it that decided that the dollar was the currency after the disappearance of the gold stand…

Filip De Mott   


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2 mins read

Huileng Tan   


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2 mins read

'Big Short' investor Michael Burry says the dollar isn't strong at all — and inflation is eroding the US currency's buying power

Burry argued the dollar is only strong relative to its currency rivals, and the greenback is buying…

Theron Mohamed   


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3 mins read

Russia is scrambling to pull down the ruble, after its policy moves sent the currency soaring too high. A Moscow broker explains what's going on

Policy measures have pushed the Russian ruble too high, and are threatening to derail the governmen…

Harry Robertson   


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3 mins read

Taiwanese crypto exchange suspends trading in Rupees after TDS laws kick in

India’s new tax rules that collect 1% TDS on transfer of crypto and other virtual assets came into …

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2 mins read

US stock futures slip as worries about recession trump optimism over US easing of China tariffs

The dark cloud over markets refuses to budge, with US stock futures giving up earlier gains as inve…

Harry Robertson   


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3 mins read

Around 90 million users flocked to crypto bandwagon in March 2022: Report

CoinDCX was the largest cryptocurrency exchange platform in India with over 40 million users in Mar…

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2 mins read

The EU should seize Russia's currency reserves to fund the rebuilding of Ukraine, the bloc's leading diplomat says

The EU, the US and allies froze the bulk of Russia's more than $600 billion of foreign currency res…

Harry Robertson   


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2 mins read

India to take a considerate decision on regulation around cryptocurrency: Nirmala Sitharaman

The minister clarified that the government is open to promote innovation and well-grounded progress…

PTI   


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1 min read

MicroStrategy has borrowed $205 million to buy more bitcoin as CEO Michael Saylor remains committed to the cryptocurrency

The three-year loan "effectively turned our bitcoin into productive collateral," said MicroStrategy…

Carla Mozée   


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2 mins read

A 28-year-old on Asia's top metaverse platform makes six figures as a virtual fashion influencer

The BBC highlighted Monica Louise, aka Monica Quin, who's earning big money designing and selling c…

Carla Mozée   


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3 mins read

Mexican billionaire wants to introduce Bitcoin to banking — but regulators aren't having it

Regulators and businessmen in Mexico may have to go head-to-head in the fight to bring cryptocurren…

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3 mins read

India’s definition of ‘virtual digital assets’ isn’t set in stone

The Indian government announced its plans to tax cryptocurrency transactions at a rate of 30% durin…

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4 mins read

From cryptocurrencies to NFTs, India to tax all ‘virtual digital’ assets at 30%

India plans to tax cryptocurrency transactions at a rate of 30%. This is at par with the highest in…