Digital pound could help curb underage drinking and smoking
A digital version of the British pound may feature a way to verify the holder’s age and citizenship status, potentially smoothing the purchase of alcohol and tobacco and transactions with government agencies.
The Bank of England has...
Zimbabwe's digital currency needs backing of $100 million's worth of gold
Zimbabwe needs $100 million (R1.8 billion) of gold to kick-start its proposed bullion-backed digital currency, as the southern African nation makes another attempt to stabilise its floundering dollar.
The central bank...
SA will become a cashless country
South Africa is becoming a cashless society, with technologies such as the Synthesis and Nedbank tap-on-phone system and the development of stablecoin cryptocurrencies leading the charge.
This was the view of a panel of financial technology players from Luno...
5 important things happening in tech today
A global malware attack lasting three years stole over 1.2TB of user data from web browsers, messaging apps, email clients, file sharing tools, and some gaming clients.
New anti-trust laws against tech companies could prohibit Apple from preventing...
U.S. gold dealer launches digital currency
U.S. precious metals dealer Anthem Vault said it has launched the first digital currency backed by physical gold
Bitcoin sinks in value after FBI busts Silk Road drug market
Bitcoin digital currency value dropped after US law enforcement authorities shut down Silk Road, an online marketplace for illegal drugs.