Future of Money | Atoll Times

Future of Money

Bitcoin hits record above $72,000 as demand frenzy intensifies

Demand is picking up across the investment community despite FCA warning.

Bitcoin rockets to record high as investors cheer ETFs

Crypto stocks were trading lower on Tuesday, with shares in Coinbase down 5.1%.

Time for central bank digital currencies to prove their worth

A key unknown is whether the U.S. Federal Reserve or Bank of Japan will launch retail CBDCs.

23 October 2023

Favara instant payment system unveiled to transform money flows

Favara is an acronym made using the Dhivehi words ‘Faseyha’ (easy), ‘Vaguthun’ (fast) and 'Rakkaatheri' (safe).

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Instant payment system trials begin

The instant payment system is designed to make financial transactions easy and secure with the help of modern technology.

Euro, dollar status should not be taken for granted

Around 60% of the world's foreign exchange reserves and international debt is denominated in dollars.

MMA says efforts on to launch digital Rufiyaa

Imad said 94% of the money used in the country is digitally used.

Crypto is dead: long live crypto!

History shows that for privately issued currencies to attain critical mass it has typically required more than just the availability of viable alternatives.