Digital Currency
BIS: Digital currencies are not ready for implementation due to leakage risks
The Bank for International Settlements reported that digital currencies could provide confidentiality similar to cash, but emphasized risks such as bank data leaks.
South Korea Begins Experiment with Digital Currency for Government Expenditures
South Korea expands its blockchain payment experiment, allowing government institutions to use digital currency for some operational expenses.
Vietnam to Prepare Rules for a Pilot Digital Asset Market
Vietnam is preparing rules for a pilot digital asset market. The country's authorities are developing a new regulatory framework.
Whiteville Authorities Impose Temporary Ban on Cryptocurrency Mining
The municipal authorities of Whiteville, North Carolina, have imposed a temporary ban on the construction of new data centers and the installation of digital currency mining equipment.