Central Bank of India began research on the issue of its own digital currency

Central Bank of India began research on the issue of its own digital currency

The Central Bank of India (RBI) is starting to explore the potential of government digital currencies, as well as the feasibility of issuing its own digital currency. Despite rumors of an upcoming draft law to ban cryptocurrency trading, RBI’s position on digital assets has become more optimistic. According to a report published after conducting a study of the payment sector in India, experts from the regulator acknowledge that cryptocurrencies have become popular around the world.…

Major US Universities Invest in Cryptocurrencies Through Their Funds

Major US Universities Invest in Cryptocurrencies Through Their Funds

Endowment funds of some universities in the United States have purchased cryptocurrency through accounts at Coinbase and other cryptocurrency exchanges over the past year. According to two sources familiar with the situation, Harvard, Yale and Michigan universities, Brown University, and several other US institutions of higher education bought cryptocurrency through exchanges. Recall that in the fall of 2018, the five largest US universities invested in cryptocurrency funds. “There are quite a few,” said a source…