Digital currency
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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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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)…
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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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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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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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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…
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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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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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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…
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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…
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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…
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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…
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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…