RBI is exploring the possibility as to whether there is a need for a digital version of fiat currency and in case there is, then how to operationalize it.
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Digital Assets News
What is a Digital Asset?
A Digital asset is a non-tangible asset that is created, traded, and stored in a digital format. In the context of blockchain, digital assets include cryptocurrency and crypto tokens.
Cryptocurrency and tokens are unique subclasses of digital assets that utilize cryptography, an advanced encryption technique that assures the authenticity of crypto assets by eradicating the possibility of counterfeiting or double-spending.
The key differentiation between the two classes of digital asset is that cryptocurrencies are the native asset of a blockchain — like BTC or ETH — whereas tokens are created as part of a platform that is built on an existing blockchain, like the many ERC-20 tokens that make up the Ethereum ecosystem.
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United States, Jan 28, 2021 /AlexaBlockchain/ – Curv, the world’s most trusted digital asset security platform, and Algorand, a world-class blockchain powering secure and efficient frictionless exchange, today announced a…
Mercuryo via a partnership with Zero Hash starts providing access to its digital asset payment services for businesses and individuals in the United States.
Cryptocurrency has entered into this year’s World Economic Forum’s Davos Agenda giving a clear signal that global leaders are now doing more serious discussions on this digital asset technology.
United Kingdom, Jan 21, 2021 /AlexaBlockchain/ – Celsius has grown its total assets under management 10 times in 2020, currently over $5.3 billion worth of digital assets. In November 2020,…
FinCEN’s Crypto Wallet Rules, a controversial regulation proposal on “Unhosted” Crypto Wallet (convertible virtual currency (CVC) or digital assets with legal tender status (LTDA) wallets not…
Norwegian Block Exchange (NBX) has secured a $7 million (NOK 60 million) private investment. The funding was arranged by Pareto Securities — the leading investment bank in the Nordics, that acted as the sole manager and book-runner.
Investors have shown strong conviction in the Bitwise 10 Crypto Index Fund (ticker: BITW), trading more than $67 million of shares in the first three days of debut, making it the highest volume debut of a publicly-traded crypto fund in the US history.
The crypto (digital asset) revolution is developing so rapidly that it seems that new cryptocurrencies and solutions arrive almost every day. This can make distinguishing those…
-Bitwise 10 Crypto Index Fund Becomes First Publicly Traded Crypto Index Fund In The U.S.; Ticker ‘BITW’.-Shares of the Fund will be tradable through traditional brokerage…