At the end of 2022 the Central Bank of Nigeria launched new banknotes. At the same time it also capped withdrawal of the new banknotes. The rollout of the currency change was shambolic. But it also led people to turn to digital ...
Economics & Business
May 3, 2023
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1
We are used to thinking of money as notes and coins, the kind most of us hold in our wallets. But most money—in Australia it's 96.3%—is digital, held by financial institutions and moved around via bank transfers, debit ...
Economics & Business
May 5, 2022
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31
A new paper in Oxford Open Economics, published by Oxford University Press, indicates that, while digital financial services are often proposed as a vehicle to lower inequality, the cost and infrastructure barriers to accessing ...
Economics & Business
Mar 1, 2022
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6
If Facebook's new cryptocurrency should resonate anywhere it should be India, where the social media giant has more than 300 million followers.
Internet
Jun 21, 2019
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Cryptocurrencies live in a volatile, roller-coaster world, which Facebook is seeking to change with its new Libra digital money.
Business
Jun 18, 2019
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5
France is pushing blockchain technology as a means of preventing finance giants enjoying a monopoly on transactions, Finance Minister Bruno Le Maire said Monday.
Internet
Apr 15, 2019
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27
Nearly one-fourth of American adults have earned money recently using online commerce platforms for "gigs" or to sell goods, a survey showed Thursday.
Internet
Nov 17, 2016
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5
The founder of an online underworld bank that allegedly laundered billions of dollars for criminals was sentenced Friday to 20 years in prison.
Internet
May 7, 2016
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15
A former federal agent pleaded guilty Wednesday to stealing Bitcoins while working undercover on a US government investigation of Silk Road, and to soliciting payment from the online black market's operator.
Internet
Jul 1, 2015
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37
Two former federal agents are accused of using their positions and savvy computer skills to siphon more than $1 million in digital currency from the illegal black market Silk Road website while they and their agencies were ...
Internet
Mar 30, 2015
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28
