Four banks including SBI and ICICI will participate in the launch of the Central Bank Digital Rupee which will initially cover four cities — Mumbai, New Delhi, Bengaluru and Bhubaneswar. While some experts remain cautious about the concept, others are downright enthusiastic E-rupee to launch on 1 Dec: RBI’s rationale behind currency and what experts think Four banks including SBI …
On Friday, Bitcoin was close to falling under the $19,000 level while Ether was hovering above the $1,300 level. Sanctioned platforms like Tornado Cash even offer ways to “mix” legitimate and stolen crypto funds to make tracing them more difficult. Human rights activists are worried that Iran’s digital currency could be used to surveil or cut the spending power of …
HSBC has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customers, because they are too volatile and lack transparency, its Chief Executive Noel Quinn told Reuters. "For similar reasons we're not rushing into stable coins,"he said, referring to digital currencies such as Tether that seek to avoid the volatility typically associated …
)
