Digital currency

Tech company MetaWealth aspires to raise $1.5 million through the issue of digital currency for the first time in Greece in order to develop a residential building in central Athens. Through its special platform, MetaWealth focuses on securing financing - on behalf of third parties - for property development, using the technology of decentralized blockchain digital transactions.

With the price of gold surpassing all previous records, the “traditional” investment in gold sovereigns, which many Greeks favor, has become increasingly profitable, as evidenced by the surge in transactions involving them.

From the start of the year until the end of September, a total of 35,972 gold sovereigns were liquidated at the Bank of Greece, while 4,662 pieces were purchased.

Greece is leading the way in plastic money transactions as Greeks use plastic money for 7 out of 10 transactions, according to European Central Bank statistics for the second half of 2023.

Why is the digital transformation of the economy necessary and when will we see the end of cash?

Card payments tend to make us spend more money compared to cash payments, according to a new study. This phenomenon is attributed to the physical representation of money in the form of banknotes, which makes us more mindful of our budget when we pay with cash.

What changes are being considered & what those using bitcoin, mining, electronic “wallets” & other forms of electronic money should know

Central bank} digital currencies (CBDCs), expected to become a reality in the next decade, could, in geopolitical terms, be a real game changer, bypassing the reigning dollar and euro payment systems and raising possibilities - but also dangers.

Central bank digital currencies (CBDCs) have the potential to replace cash, but adoption may take time, said Kristalina Georgieva, managing director of the International Monetary Fund.

"CBDCs can replace money that is expensive to circulate in island economies," she said Wednesday at the Singapore FinTech Festival event, CNBC reported.

In the dynamic context of our rapidly evolving global environment, the convergence of time-honored industries with state-of-the-art technologies has given rise to a myriad of inventive and forward-thinking solutions.

Bitcoin casinos have gained tremendous popularity in recent years, and along with their rise, Bitcoin bonuses have become increasingly sought after.