Digital Currency Group - Wikipedia

Digital Currency Group was launched in 2015 by Barry E. Silbert , who previously founded SecondMarket, Inc. . He began investing in bitcoin companies in 2013, first as an angel investor , and provided funding for many of the earliest companies including Coinbase , BitPay , and Ripple .

Digital Currency Group was formed when two businesses built under the SecondMarket parent company - Genesis Global Trading, a bitcoin OTC trading firm, and Grayscale Investments, a digital currency asset management firm that manages the publicly traded Bitcoin...

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Date: 2017-12-14 14:47:42
Website: https://en.wikipedia.org

Related topics : digital currency group / bitcoin investment trust fund / bitcoin investment trust / bitcoin digital currency conference / bitcoin digital currency price

How Bitcoins Are Taxed - The Balance

By William Perez

Updated April 07, 2017

Whenever bitcoin is bought, sold, or traded, there are tax impacts. We'll discuss how bitcoins and other forms of virtual currency are taxed, and point out record keeping requirements and tax planning techniques that can be utilized. At the end you'll find resources for continuing your own research.

The big picture:

"The key thing going forward is...

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Website: https://www.thebalance.com

Top countries where Bitcoin is legal | AtoZForex

South Korea plans Cryptocurrency trading tax

Bitcoin is the word nowadays. However is Bitcoin legal or illegal? Today, we decided to go over the top countries where Bitcoin is legal. You can also learn about the top countries where Bitcoin is illegal .

AtoZForex - The digital currency Bitcoin is now at the peak of its popularity. Millions of users enjoy a variety of advantages provided by this...

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Website: https://atozforex.com

CREDITZ® Introduces Digital Promotional Currency ...

Las Vegas, Nevada (PRWEB) January 10, 2008

CEO America, Inc. (OTC: CEOA.PK), exclusive US licensee of CREDITZ ® Digital Currency, today announced that it will be introducing its fully-integrated promotional currency, micro-payment and loyalty system at the National Retail Federation's (NRF) Annual Convention in New York City, January 13 - 16, 2008.

NRF's annual convention is the retail...

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Date: 2017-07-31 08:55:57
Website: http://www.prweb.com

Related topics : virtual & digital currency and payment systems / digital currency payment system / creditz digital currency / digital currency system / virtual currency payment system

Bitcoin Vs Bitcoin Cash: What’s The Difference And Which To ...

Bitcoin vs bitcoin cash: What's the difference?

Those who haven't studied digital currencies much might think that bitcoin and bitcoin cash are the same, but they are actually two different forms of cryptocurrency. The former was the first cryptocurrency and it was created many years ago by an anonymous programmer who goes by the pseudonym Satoshi Nakamoto. It took a few years for that first...

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Website: http://www.valuewalk.com

Bitcoin Value Surpasses Gold for First Time in Currency's ...

The price of one Bitcoin surpassed the price of an ounce of gold for the first time in history on Thursday, a milestone some investors said solidifies the currency as "digital gold."

By Thursday evening, the price of one Bitcoin was $1,271, according to CoinDesk's Bitcoin Price Index. Meanwhile, gold per ounce was priced at $1,235, according to Oklahoma-based precious metals retailer APMEX...

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Website: nbcnews.com

Virtual currency - Wikipedia

Definitions[ edit ]

In 2012, the European Central Bank defined virtual currency as "a type of unregulated, digital money, which is issued and usually controlled by its developers, and used and accepted among the members of a specific virtual community". [1] :13

In 2013, Financial Crimes Enforcement Network (FinCEN), a bureau of the US Treasury , in contrast to its regulations defining currency as...

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Date: 2017-12-27 15:01:38
Website: https://en.wikipedia.org

Virtual currency - Wikipedia

Definitions[ edit ]

In 2012, the European Central Bank defined virtual currency as "a type of unregulated, digital money, which is issued and usually controlled by its developers, and used and accepted among the members of a specific virtual community". [1] :13

In 2013, Financial Crimes Enforcement Network (FinCEN), a bureau of the US Treasury , in contrast to its regulations defining currency as...

Read more

Date: 2017-12-20 01:25:46
Website: https://en.wikipedia.org

Everything You Need to Know About Bitcoin’s Timeline in 4 ...

Everything You Need to Know About Bitcoin's Timeline in 4�Minutes

2008�: The Year It All Began

August

�Neil Kin, Vladimir Oksman and Charles Bry apply for an encryption patent application. Not only, did the deny any connection to Satoshi Nakamoto, the alleged mastermind behind Bitcoin, but they also registered the site Bitcoin.org in the same month itself, buying the domain name anonymously...

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Website: https://hackernoon.com

Top 10 Ripple Exchanges – Best Exchanges to Buy and Sell ...

Top 10 Ripple Exchanges

Top 10 Ripple Exchanges

Ripple is one of the fairly new crypto currencies that may have caught your attention, and as with any digital currency it is often the case that the sooner you do start to make use of them the more likely you are to see their value increase over time, if you did get in at the start!

However, as is always the case with using any of the newer crypto...

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Website: https://www.top10money.com

Related topics : using bitcoin for currency exchange / digital currency exchange list / digital currency exchange rates / bitcoin digital currency exchange / digital currency exchange platform

Bitcoin surges past $10,000 in Zimbabwe - CNN

What is fueling Zimbabwe's record-breaking Bitcoin binge?

By Kieron Monks, CNN

Updated 1150 GMT (1950 HKT) October 31, 2017

Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds.

Zimbabweans queue to withdraw cash outside a bank in Harare. A severe currency shortage has led to growing interest in digital alternatives.

Story highlights

Bitcoin reaches record...

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Website: http://www.cnn.com

Why digital currency exchange Coinbase eyes $1B valuation ...

Coinbase CEO Brian Armstrong recently declared that the digital currency industry was having "its Netscape moment."� Like the pioneering browser that helped trigger the Internet revolution, cryptocurrencies such as bitcoin are on the verge of wide-scale adaptation, he argued.�

So Coinbase, one of the leading online platforms to buy, sell and store digital currency, is benefiting mightily. The...

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Website: https://www.cbsnews.com

BuyCoinNow.com Buy Bitcoin with Credit Card

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Digital currency risk warning:

BuyCoinNow.com warns that buying and holding digital currencies such as Bitcoin carries several significant risks including but not limited to the following:

Risk that your digital currency will lose much or all of its value. Digital currencies are still a new developing area, both technologically and financially, and thus their value can move extremely...

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Website: https://www.buycoinnow.com

Related topics : buy digital currency with credit card / buy bitcoin with credit card no limit / buy bitcoins without verification credit card / best way to buy bitcoins with credit card / best place to buy bitcoins with credit card

Holographic display firm signs with digital currency ...

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Holographic display firm signs with digital currency provider

April 15, 2007

LAS VEGAS�-- CEO America Inc., exclusive U.S. licensee of CREDITZ Digital Currency, announced the signing of a joint marketing agreement with Provision Interactive Technologies Inc., provider of intelligent interactive 3-D holographic display technologies, software, and integrated...

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Website: https://www.digitalsignagetoday.com

Related topics : creditz digital currency / digital currency system / digital currency values / digital currency services / digital currency

CREDITZ(R) Digital Currency Announces Strategic ...

LAS VEGAS, May 26 /PRNewswire-FirstCall/ -- CREDITZ(R) Digital Currency (http://www.creditz.com/), the premier provider of loyalty network, payment and target marketing solutions, utilizing IBM's latest DB2 database and Series I infrastructure technology, announces a partnership with eCommerce Merchants Trade Association (http://www.ecmta.org/). ECMTA is a leading educational trade association...

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Date: 2017-12-31 05:00:00
Website: https://www.thefreelibrary.com

Related topics : creditz digital currency / digital currency payment system / digital currency system / global digital currency association / global digital currency

What Is Bitcoin? 11 Things You Need To Know About The ...

What Is Bitcoin? 11 Things You Need To Know About The Digital Currency

01/26/2014 11:21 EST | Updated 01/26/2014 11:59 EST

Sunny Freeman National Business Reporter, The Huffington Post Canada

The rise of Bitcoin marks the first time you've probably heard the words "trendy" and "currency" uttered in the same sentence. And given the momentum it's seen lately , both in international headlines and on...

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Website: http://www.huffingtonpost.ca

AML BitCoin Announces Listing on HitBTC Exchange - Bitcoin ...

by Bitcoin PR Buzz Feed | Nov 24, 2017 | Bitcoin Press Release , Ultimate |

Bitcoin Press Release: AML BitCoin is pleased to announce it will start trading on HitBTC in December

Las Vegas, USA, 23�November: AML BitCoin will commence its public trading on December 15, 2017 on one of the largest digital currency exchanges in the world, HitBTC.

For months the digital coin world has anticipated the...

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Website: bitcoinprbuzz.com

Related topics : bitcoin digital currency exchange / will bitcoin be the one world currency / digital currency exchange list / digital virtual currency and bitcoins / digital currency exchange platform

CoinReport Top 5 Mineable Altcoins Based on Market Cap ...

Tag: altcoins , Market Cap , top 5

With the dawning of a new invention, imitations start to pop up in order to capitalize on the successes of the originator. This is definitely the case for bitcoin. Since its creation in 2009, bitcoin's concept has been replicated to form new digital currencies that could be mined out. The alternate forms of digital currency have been christened altcoins.

Each...

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Website: https://coinreport.net

CBN mulls digital currency — Business — The Guardian ...

Following cautious considerations, the Central Bank of Nigeria (CBN) has commenced arrangement to introduce a digital currency in a move to key into the global adoption of Crypto currency initiative.

���

The Deputy Director/Head, Payments System Policy and Oversight, CBN, Musa Jimoh, disclosed this at the Crypto currency conference recently held in Lagos.

Crypto currency is�a digital...

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Website: https://guardian.ng

Related topics : global digital currency exchange / digital currency payment system / digital currency exchange business / digital currency exchange platform / bitcoin digital currency conference

Is now the time to Bitcoin it? | Fin24

1633,98 (-0.23%)

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We're currently experiencing serious technical problems on the site, and as a result are unable to update the news - even though our market data is running as per normal. We sincerely apologise for any inconvenience caused and hope to be up and running again this evening. Thank you for your patience in this regard. - David McKay (editor) & team

Is now the time to...

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Website: https://www.fin24.com

JAXX - The Truth About Digital Money.com

Jaxx Announces Massive Expansion, Partnering and Integrating With 70+ Top Blockchain Projects, Exchanges, & Platforms to Make Digital Currencies More Accessible to Masses

World's Leading Multi-Asset Digital Wallet Will Become Universal Command Center for All Digital Assets, With Roadmap to Include Ripple, Monero, Tether & Dozens of Others

TORONTO, ON--(Marketwired - May 22, 2017) - Decentral (...

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Website: http://www.thetruthaboutdigitalmoney.com

US lawmakers dismiss Venezuela's plan to create crypto ...

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NYT: Bitcoin Believers

While regulators debate the pros and cons of bitcoins, the rising real-world value of this digital currency inspires the question: What makes money, money?

While regulators debate the pros and cons of bitcoins, the rising real-world value of this digital currency inspires the question: What makes money, money?

New York Times

While Venezuela might be able to set up the...

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Date: 2018-01-11 23:07:04
Website: http://www.miamiherald.com

Related topics : digital currency exchange provider / bitcoin digital currency exchange / digital currency exchange rates / digital currency exchange business / digital currency exchanger

Digital currency surges in value – and it’s not Bitcoin ...

As the value of Bitcoin balloons towards $1000, an alternative digital currency called Litecoin is experiencing a mini boom of its own.

Currently valued at just over $28 (£17), Litecoin has nearly doubled its value in the last 24 hours alone. Less than one month ago, one litecoin was worth just $2 (£1.20).

It is not the first digital currency to emerge from the shadow of Bitcoin. Coinmarketcap...

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Website: https://www.itproportal.com

Related topics : digital virtual currency and bitcoins / digital currency like bitcoin / bitcoin digital currency price / current bitcoin market value / bitcoin digital currency

Bitcoin and virtual currencies: Background information and ...

Bitcoin and virtual currencies: Background information and key technical and legal issues

By Brandon Ward

Bitcoin, a peer-to-peer digital currency, operates without the involvement of traditional financial institutions and provides a direct digital alternative to physical currencies and commodities. Governments worldwide generally do not yet see it and other digital currencies as a...

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Website: https://journalistsresource.org

4 Best Ripple XRP Coin Wallets 2017 | Latest Ripple XRP ...

Here we are talking about the best wallet for the Ripple coins but I would like to tell you that, Ledger Nano S is not limited to Ripple coins only. It can accept almost all types of digital currency. The other popular currencies which can be accepted as assets by Ledger Nano S including Bitcoin, Altcoins, Litecoin, and Ethereum etc.

Automated backup:

This ledger wallet for digital currency has...

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Website: https://www.ripplecoinnews.com

Related topics : transfer from bitcoin wallet to bank account / link bitcoin wallet to bank account / digital currency account / digital currency payment system / transfer money from bitcoin to bank account

Bank of Israel is looking into issuing digital currency to ...

The Bank of Israel is examining issuing digital currency as a means of creating a faster payments system as well as reducing the amount of cash in the economy, a central bank source said on 24 December, though he stressed no decision had yet been made.

The source, who spoke on condition of anonymity, also said the government was ready to legislate or include the issue in its 2019 budget and...

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Website: http://www.firstpost.com

Related topics : digital currency payment system / digital currency system / digital currency values / bitcoin digital currency / digital currency

Top 5 businesses that accept Litecoin payments - CoinReport

Tag: Businesses , Litecoin , top 5

Litecoin is the second most valued digital currency on the market, only being bested by bitcoin. However, litecoin is not just a knock-off to the world's first digital coin. It was intended by its developers to improve on the structure set forth by bitcoin.

The main two differences that separates litecoin from bitcoin:

1) Litecoin processes a block every two and...

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Website: https://coinreport.net

North Korea is hacking bitcoin exchanges as currency value ...

What is Bitcoin?

Bitcoin, a digital currency, was created in 2008. Shares of Bitcoin are sold on internet exchanges where users remain anonymous. As the value of the cryptocurrency continues to hit record highs, here's how it works.

As bitcoin's value continues to surge, North Korean hackers are taking advantage by targeting exchanges to gain financial profit, experts said on Friday as sanctions...

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Website: http://www.foxnews.com

How To Buy Bitcoin In Zimbabwe - BitcoinAfrica.io

How To Buy Bitcoin In Zimbabwe

Published

Tweet

Zimbabweans have been plagued by economic distress and periods of hyperinflation for almost two decades. As a result, Zimbabwe now has an unofficial multi-currency economy where US dollars, South African rands and British pounds are used in local commerce as the value of the�Zimbabwean�bond note, the country's current official legal tender, has...

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Website: http://bitcoinafrica.io

The Difference Between Gold and Bitcoin - FXCM

Market Insights » Commodities » The Difference Between Gold and Bitcoin

The Difference Between Gold and Bitcoin

Many market observers have compared gold and bitcoin.1)Retrieved 23 October 2017 https://www.coindesk.com/bitcoin-gold-prices-correlated/

Both of these have proved helpful to investors, and both have been harnessed as a speculative investment at some points and a safe-haven asset at...

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Date: 2018-01-10 21:33:51
Website: https://www.fxcm.com

Bitcoin: 2018, the year of Bitcoin? No, it will be the ...

2018, the year of Bitcoin? No, it will be the year of Blockchain

ET CONTRIBUTORS|

Updated: Dec 27, 2017, 12.41 PM IST

0Comments

Bitcoin is a specific use of Blockchain technology to issue a currency.

Related

If 2017 was the year of the online, will 2018 be the year of the offline?

By Dr. Vikas V Gupta

In the last quarter of 2017, the price of a Bitcoin has more than tripled. This has led to a...

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Date: 2018-01-30 11:12:42
Website: https://economictimes.indiatimes.com

Israel banking on 'digital shekel' cryptocurrency ...

The Bank of Israel has been examining the possibility of a state-sponsored currency for several months.

4 minute read.

Share on twitter

Israel develops new 'bitcoin' currency (Illustrative). (photo credit: JPOST STAFF)

The Finance Ministry and Bank of Israel are considering issuing a digital currency, a possible response to the frenzied cryptocurrency and bitcoin craze.

The digital shekel would...

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Website: http://www.jpost.com

Must know: Top rated Cryptocurrencies to Invest In

It is necessary that you treat your investment in digital currency with speculation just like you do in your regular investments.

�With growing usage and limited supply, cryptocurrency is on a boost and will only grow in the future years.

Cryptocurrencies have become the new fad among money minters and investors alike. Many of these people are using cryptocurrencies to invest their money in...

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Website: http://www.deccanchronicle.com

Ripple Price Prediction: There’s A New Crypto King In Town

Trying to make a ripple price prediction is sort of like throwing a dart at a dartboard these days, except for one thing. Rather than bouncing around, the cryptocurrency's price has been shooting upward at a breakneck speed . As a result, making a ripple price prediction is difficult merely because predicting how much it will rise in a day's time is nearly impossible, although a second risk is...

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Website: http://www.valuewalk.com

Related topics : bitcoin price market cap / bitcoin market cap prediction / bitcoin digital currency price / bitcoin exchange market cap / current bitcoin market cap

2017 Bitcoin Return - DQYDJ

Jan 1, 2017 Start (Midnight UTC)

998.33

1318.01%

Bitcoin is Speculation, Not Investment

A 1,318% gain in a single year is an off-the-chart return for any asset class. Recall that an investment in the S&P 500 returned around 21.14% in 2017 . Stated another way, one dollar in the S&P 500 would have grown to $1.21 by the end of the year while a dollar in bitcoin would have grown to $14.18.

Growth of...

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Website: https://dqydj.com

Related topics : 1 bitcoin to dollar 2017 / digital currency like bitcoin / bitcoin return on investment calculator / bitcoin digital currency price / bitcoin investment return

How To Make Money With Bitcoin, The Wild West Of Digital ...

12/12/13 AT 4:37 PM

Bitcoins Photo: Reuters

The price of bitcoin fell around the world on Dec. 5, just after the People's Bank of China announced that domestic commercial banks in the country could no longer deal in the digital currency bitcoin (BTC).

For a day and a half, trading prices plummeted, dropping 50 percent from record-setting highs to just under $600 on Mt.Gox , "the world's largest...

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Date: 2017-12-20 02:10:42
Website: http://www.ibtimes.com

Top 6 Digital Coins That May Be Worth More Than Bitcoin ...

Top 6 Digital Coins That May Be Worth More Than Bitcoin Some Day

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#1 Bitcoin ( BTC )

We add Bitcoin here as the #1 alternative to Bitcoin because there are no true alternatives. �Bitcoin was the first true digital currency and that makes its value almost immeasurable. �Although there are plenty of other digital currencies and "coins" out there touting better privacy, faster transaction time, or newer hashing...

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Website: http://www.womensarticle.com

Related topics : 1 bitcoin worth / bitcoin digital currency price / bitcoin digital currency / time to make 1 bitcoin / digital currency values

DNotes

DNotes is a blockchain-powered digital currency and peer-to-peer payment system that empowers users to send money to one another - quickly, efficiently, and without the expense of going through an intermediary middleman. With DNotes, we're bridging the divide between traditional centralized monetary systems and the new decentralized models. The DNotes currency is supported by a business ecosystem...

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Website: http://dnotescoin.com

Related topics : digital currency payment system / global digital currency exchange / global digital currency / digital currency exchange provider / digital currency exchange business

Exchange rate - Wikipedia

Main article: Currency pair

In the foreign exchange market, a currency pair is the quotation of the relative value of a currency unit against the unit of another currency. The quotation EUR/USD 1.3225 means that 1 Euro will buy 1.3225 US dollars. In other words, this is the price of a unit of Euro in US dollars. Here, EUR is called the "Fixed currency", while USD is called the "Variable...

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Date: 2017-12-19 12:04:03
Website: https://en.wikipedia.org

Related topics : electronic currency exchangers rating / digital currency exchange rates / global digital currency exchange / digital currency exchange list / electronic currency exchanger

The benefits of central bank digital currency | VOX, CEPR ...

Central banking and Bitcoin: Not yet a threat

Dirk Niepelt

In third-century Rome, Julius Paulus Prudentissimus, chief legal advisor to Emperor Severus Alexander, described the fundamental rationale for a government-issued currency using terms that remain familiar to modern monetary economists. It was, he wrote, a unit of account for the pricing of goods and services, a method of storing value,...

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Date: 2017-12-20 02:12:32
Website: http://voxeu.org

Related topics : virtual & digital currency and payment systems / digital virtual currency and bitcoins / digital currency payment system / digital currency like bitcoin / bitcoin digital currency price

What is a Bitcoin Faucet? | Jaz Faucet List

Transactions are made with no middle men - meaning, no banks! There are no transaction fees and no need to give your real name. More merchants are beginning to accept them: You can buy webhosting services, pizza or even manicures.

Why Bitcoins?

Bitcoins can be used to buy merchandise anonymously. In addition, international payments are easy and cheap because bitcoins are not tied to any...

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Website: https://www.jazfaucetlist.com

What Community Bankers Should Know About Virtual ...

The virtual currency landscape includes many participants, from the merchant that accepts the virtual currency, to the intermediary that exchanges the virtual currency on behalf of the merchant, to the exchange that actually converts the virtual currency to real currency, to the electronic wallet provider that holds the virtual currency on behalf of its owner. Accordingly, opportunities abound...

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Website: https://www.communitybankingconnections.org

ID3 - idcubed.org - A New Pan-African Digital Currency ...

A New Pan-African Digital Currency, the Impala?

What if everyone in Africa had a secure and authentic digital identity? In an oped in the Financial Times (October 29), Jonathan Ledgard and John Clippinger explain how a software platform that enables people to control their own digital identity and data could give rise to a new sort of pan-African digital currency. This in turn could yield...

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Website: https://idcubed.org

Related topics : digital currency values / digital currency group / digital currency companies / digital currency seller / digital currency

Could Virtual Currencies be the Future of Payment Systems?

Digital Currency � o � Payment Processing

Transferring money to someone in another country can be a long, expensive and risky process.� The funds exchange hands multiple times before arriving at their destination, and with each exchange comes delays, more fees, and a higher risk that the funds will be misrouted or end up in the hands of the wrong person.� The U.S. government is aware of...

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Website: https://www.digitalcurrencyperspectives.com

Related topics : virtual & digital currency and payment systems / virtual currency payment system / ripple virtual currency system / virtual currency system / digital currency payment system

What is Bitcoin and Should You Buy It? | Experian

Bitcoin is the largest and best known peer-to-peer digital currency or cryptocurrency, meaning it is produced by computer programming rather than governments (like the U.S. dollar) or dug up from the ground (like gold and other precious metals). Bitcoin was created in 2009 by a person or persons using the alias Satoshi Nakamoto. Trying to uncover who's behind bitcoin has become a game itself...

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Website: https://www.experian.com

Bitcoin digital currency smashes all-time high of $6,500 ...

Business

Bitcoin digital currency smashes all-time high of $6,500

Shrugging off fears of a possible price crash, the cryptocurrency has reached another record high. Despite climbing more than 500 percent in a year, institutional investors remain skeptical about its prospects.

Just 13�days after it breached the $6,000 (EUR5,156.40)mark, the price of Bitcoin has hit $6,591, the digital currency...

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Website: http://www.dw.com

Related topics : bitcoin digital currency price / bitcoin digital currency exchange / bitcoin digital currency / using bitcoin for currency exchange / digital currency payment system

Bitcoin Price Today - Live Bitcoin Price Chart & History

1 oz Proof Bitcoin Guardian Commemorative Silver Round As low as : $29.22

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1 oz Antique Bitcoin Guardian Commemorative Silver Round As low as : $37.22

Availability: In Stock

This product is in stock and ready for shipping. Expect shipment within 1 business day of...

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Website: jmbullion.com

Forget Bitcoin, Dash Is On A Record-Setting Wave Of Its ...

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by Tanzeel Akhtar

Even as all eyes have been focused on the price of Bitcoin , which yesterday smashed through the $10,000 barrier , cryptocurrency Dash , has been on a record-setting spike of its own. Though it operates under the radar of many investors, last week Dash surged past the $600 mark.

Dash/USD Weekly

Dash --currently the seventh most popular cryptocurrency with a market cap of...

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Website: https://www.investing.com

Related topics : top digital currency companies / digital currency like bitcoin / bitcoin digital currency price / bitcoin digital currency project / bitcoin digital currency exchange

Bitcoin: Commodity, Store of Value or Digital Currency?

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Co-founder & CEO of Civic.com. Shark on Shark Tank South Africa. Born in South Africa, Lives in California.

Jan 3

Bitcoin: Commodity, Store of Value or Digital Currency?

I don't often write two posts in a week, but after the warm responses to last week's post , and in honor of Bitcoin's 8th birthday today, I thought I'd indulge in one more!

I just tweeted that out...

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Website: https://vinnylingham.com

Amid bitcoin buzz, BoC considers its own digital currency ...

The Bank of Canada is considering the merits of establishing a digital currency as interest in cryptocurrencies like bitcoin reaches a fevered pitch.

In a research paper released by the central bank Thursday, report authors Walter Engert and Ben Fung said there are merits to creating a central bank digital currency as society starts to move away from cash, and the bank's potential to reap profits...

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Website: http://www.advisor.ca

Related topics : digital currency like bitcoin / bitcoin digital currency / digital currency payment system / digital currency system / digital currency values