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Federal Reserve are looking into issuing their own digital cash in part to counter the rise of public and privately-led cryptocurrencies. This is also driving more investors into alternative assets, like "non-fungible tokens" NFTs , technology that allows digital artwork or other content to be authenticated and sold on distributed ledgers, Scaramucci said. His son, a videographer, created a piece of art and sold it as an NFT for the ethereum digital currency, he added.

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I was once a bitcoin sceptic. To be sure, bitcoin has a long way to go before it replaces the dollar. Editing by Mark Potter This story has not been edited by Firstpost staff and is generated by auto-feed. Amazon beauty presents Vanity Diaries. Newstracker Britain's NatWest bank faces money laundering charges Mar 17, Skip to Content Skip to Footer. Toshiba AC review: FIrst look 1.

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