Digital Currencies
- Business
Navigating Cryptocurrency Adoption Amidst Currency Depreciation in Turkiye
As the Turkish lira continues to suffer significant depreciation, the citizens of Turkiye are adopting cryptocurrencies as a means to…
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Central bank digital currencies can replace cash: IMF chief
Public sector should keep preparing to deploy CBDCs, related payment platforms in future, according to Kristalina Georgieva International Monetary Fund…
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“Digital money” statement from Central Bank Governor Erkan
Central Bank (CBRT) Governor Hafize Gaye Erkan said, “The ultimate power of digital money comes not only from the fact…
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UAE’s Phoenix Group links up with Green Data City to start $300 million crypto farm in Oman
Muscat-based Green Data City has joined forces with Abu Dhabi’s Phoenix Group to develop a $300 million crypto-mining farm in…
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Crypto takes center stage in Turkiye amid economic uncertainty
As Turkiye grapples with economic turmoil and rising inflation rates, which hit 55.20% in late February 2023, its citizens are…
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India and UAE to Collaborate on Developing Digital Currencies
The countries will see if their central bank digital currencies will be interoperable. India and the United Arab Emirates will…
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