digital currency

Digital currency is a type of currency available in digital form. It exhibits properties similar to physical currencies, but can allow for instantaneous transactions and borderless transfer-of-ownership. Examples include virtual currencies, cryptocurrencies, and central bank digital currency.

Source: en.wikipedia.org

Crypto Exchange Zipmex Asks Court for Rescue Financing
Crypto Exchange Zipmex Asks Court for Rescue Financing
December 18, 2022  |  Cryptocurrency

Thai crypto exchange Zipmex is headed to court after suspending withdrawals earlier this year. According to a document posted on its website Saturday and titled...

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Brazil Targets 2024 for CBDC
Brazil Targets 2024 for CBDC
December 13, 2022  |  CBDC

Brazil’s central bank hopes to launch a digital currency in 2024. That’s according to Central Bank of Brazil President Roberto Campos Neto, who said Tuesday...

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Binance Issues Temporary Pause on USDC Withdrawals
Binance Issues Temporary Pause on USDC Withdrawals
December 13, 2022  |  Cryptocurrency

Binance paused withdrawals of stablecoin USDC Tuesday (Dec. 13) as it conducted a “token swap.” “On USDC, we have seen an increase in withdrawals,” Chanpeng...

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Stablecoin Issuer Circle Delays Planned IPO
Stablecoin Issuer Circle Delays Planned IPO
December 05, 2022  |  Cryptocurrency

Digital currency firm Circle Internet Financial’s plans to go public have been delayed. The issuer of the USD Coin (USDC) and Euro Coin (EUROC) and...

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India’s Bankers Unimpressed With Digital Rupee
India’s Bankers Unimpressed With Digital Rupee
December 01, 2022  |  CBDC

India’s digital rupee has so far demonstrated little benefit, the nation’s bankers say. In a report from Reuters published Thursday (Dec. 1), seven bankers said...

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Ukraine’s Central Bank Details CBDC Project
Ukraine’s Central Bank Details CBDC Project
November 29, 2022  |  CBDC

Ukraine’s central bank is considering a central bank digital currency to let users trade cryptocurrency. According to a Monday (Nov. 28) news release from the...

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Binance Riles Jittery Crypto Investors With Unannounced $2B Withdrawal
Binance Riles Jittery Crypto Investors With Unannounced $2B Withdrawal
November 28, 2022  |  Cryptocurrency

Eagle-eyed crypto watchers were surprised to see over $2B of bitcoin suddenly withdrawn from Binance Monday morning (Nov. 28). The discovery not only added to...

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Report: Bank of Japan Set to Test CBDC
Report: Bank of Japan Set to Test CBDC
November 23, 2022  |  CBDC

The Bank of Japan will reportedly join a host of other countries in testing a central bank digital currency (CBDC) next year in experiments with...

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Partnerships Take the Guesswork out of Merchants’ Crypto Acceptance
Partnerships Take the Guesswork out of Merchants’ Crypto Acceptance
November 23, 2022  |  Cryptocurrency

With FTX dominating digital currency headlines and bitcoin and stablecoin prices gyrating, Daniel Escobar, chief technology officer of crypto tax service provider ZenLedger, said it’s...

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