Cryptocurrency Subject: Economy Section: Monetary policy Context: Cryptocurrency being taxes Concept: A cryptocurrency or crypto, is a virtual currency secured by cryptography. It is designed to work as a medium of exchange, where individual ownership records are stored in a computerised database using blockchain technology. The pioneer cryptocurrency, Bitcoin, was traded at just […]

    Stablecoins Subject – Science and Tech Context – Washington worrying about Stablecoins Concept – Stablecoins might be the most ironically named innovation of the cryptocurrency era, at least in the eyes of many Washington regulators and policymakers. These digital currencies promise to maintain their value, which is generally pegged to a government currency […]

    Stablecoins Subject – Economy Context – Stablecoins face crackdown as US discusses risk council review Concept – A stablecoin is a new class of cryptocurrencies that attempts to offer price stability and are backed by a reserve asset. Stablecoins have gained traction as they attempt to offer the best of both worlds—the instant […]