Iran Unveils Digital Currency to Strengthen Payment Infrastructures

Iran unveiled the digital currency “CBDC” in a ceremony on Sunday attended by Governor of the Central Bank of Iran (CBI) Mohammad Reza Farzin and some senior CEOs of the country’s banks.

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Publish Date:23/June/2024 | 13:43

Iran Is Creating Its Own Digital Currency

EghtesadOnline: The Central Bank of Iran and its subsidiary Informatics Services Corporation will launch a pilot for the central bank digital currency (CBDC) after the Nowruz (Iranian New Year) holidays in March, the ISC chief said.

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Publish Date:12/January/2022 | 15:47

Bitcoin steadies after biggest three-day tumble in over two years

EghtesadOnline: Bitcoin regained its footing on Monday, having suffered its heftiest falls since early 2015 between Thursday and Saturday as investors sold the digital currency on worries about its future.

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Publish Date:20/March/2017 | 23:00

U.S. regulators reject Bitcoin ETF, digital currency plunges

EghtesadOnline: The U.S. Securities and Exchange Commission on Friday denied a request to list what would have been the first U.S. exchange-traded fund built to track bitcoin, the digital currency.

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Publish Date:12/March/2017 | 05:46

Fed's Powell warns of digital currency's risks

EghtesadOnline: A top U.S. Federal Reserve official on Friday raised caution about central banks issuing digital currencies as they are vulnerable to cyber attacks and criminal activities along with privacy issues that still need to be addressed.

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Publish Date:04/March/2017 | 05:34

Bitcoin Hits All-Time High as Currency Controls Drive Fear

EghtesadOnline: Bitcoin hit an all-time high Wednesday, according to Bloomberg data, thanks to continued adoption in China and other parts of the world where traditional currencies are tightly controlled.

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Publish Date:05/January/2017 | 04:27

Digital currency sales take off, but with no regulation questions abound

EghtesadOnline: A small, but rapidly growing number of digital technology start-ups is raising cash by creating and selling their own currencies in offerings that bypass banks or venture capital firms as intermediaries and are outside the reach of financial regulators.

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Publish Date:19/December/2016 | 22:14

Bitcoin Breaches $6,000 for the First Time

EghtesadOnline: Bitcoin soared to another milestone Friday, as the digital currency breached $6,000 for the first time to put its gain in 2017 to more than 500 percent.

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Publish Date:23/October/2017 | 05:53

Bitcoin technology faces split, may create clone virtual currency

EghtesadOnline: Bitcoin's underlying software code could be split on Tuesday to create a clone called "Bitcoin Cash," potentially providing a windfall for holders of the digital currency.

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Publish Date:01/August/2017 | 05:54

Bitcoin Is at Risk of No Longer Being the Biggest Digital Currency

EghtesadOnline: Step aside, bitcoin. There’s another digital token in town that’s winning over the hearts and wallets of cryptocurrency enthusiasts across the globe.

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Publish Date:01/June/2017 | 10:41

Bitcoin hits all-time high as talk of U.S. ETF approval intensifies

EghtesadOnline: Digital currency bitcoin hit a record high on Friday on optimism about the approval of the first U.S. bitcoin exchange-traded fund by the Securities and Exchange Commission.

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Publish Date:04/March/2017 | 05:36

Battered bitcoin slides another 12 percent after China warning

EghtesadOnline: Bitcoin plunged by as much as 12 percent on Friday after China's central bank urged investors to take a rational and cautious approach to investing in the digital currency, which is on track for its heaviest two-day drop in two years.

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Publish Date:07/January/2017 | 05:53

Bitcoin jumps above $1,000 for first time in three years

EghtesadOnline: Digital currency bitcoin kicked off the new year by jumping above $1,000 for the first time in three years late on Sunday, having outperformed all central-bank-issued currencies with a 125 percent climb in 2016.

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Publish Date:02/January/2017 | 17:41