#Digital Currency

According to a report, Macau, one of China's special administrative regions, recently finished debating a bill that would make digital currencies legal tender. A fine of between $123 and $1,230 may be imposed on those who refuse to accept l

The Colombian government made plans to introduce a virtual currency public. This new currency would have several goals, including reducing tax evasion and improving the traceability of citizen transactions. Restrictions on cash payments and

A virtual currency cannot circulate in the market as a currency, so a vehicle sale contract in which the buyer agreed to pay in a privately issued digital currency is void, according to a Chinese court. A virtual currency, according to the

The Al Jalila Foundation, a charitable organization based in the United Arab Emirates, recently announced that it has been granted permission to accept cryptocurrency donations. Accepting cryptocurrencies allows the foundation to receive fu

Tanzanian financial sector officials have called for a more defined global agreement on central bank digital currencies (CBDCs) and crypto-assets. Officials agreed that more discussions were needed before a final decision could be made. Int

The State Duma, Russia's lower house of parliament, has proposed making the digital ruble a reserve currency. Meanwhile, fears have been expressed in the West that the new incarnation of the Russian fiat could be used to circumvent the coun

Sweden is fast-moving to follow through on its plans to become the world's first cashless society. While this is seen as a good sign for digital currencies on a new progressive frontier, it brings issues, such as privacy concerns, when ever

Uruguay is the latest country to see its central bank start experimenting with its own digital currency, according to statements. The Banco Central del Uruguay (BDC) announced Wednesday that a limited number of users would help testing a mo