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

Binance CEO: Crypto and CBDCs Can Coexist
Binance CEO: Crypto and CBDCs Can Coexist
November 02, 2022  |  Cryptocurrency

Central bank digital currencies (CBDCs) pose no threat to cryptocurrencies, the head of the planet’s largest crypto exchange said Wednesday (Nov. 2). Rather, said Binance...

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China Central Bank Governor Says Digital Yuan Has ‘Managed Anonymity’
China Central Bank Governor Says Digital Yuan Has ‘Managed Anonymity’
October 31, 2022  |  Cryptocurrency

People’s Bank of China Governor Yi Gang has reportedly said that the country’s centralized digital yuan (e-CNY) should protect privacy but should not be as...

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Bitcoin White Paper Turns 14 Today With 23% of Consumers Owning Crypto
Bitcoin White Paper Turns 14 Today With 23% of Consumers Owning Crypto
October 31, 2022  |  Cryptocurrency

Fourteen years ago today, a still unidentified person or group using the pseudonym “Satoshi Nakamoto” sent out an email about a nine-page white paper outlining...

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Reserve Bank of India Launches First Pilot of Digital Rupee
Reserve Bank of India Launches First Pilot of Digital Rupee
October 31, 2022  |  CBDC

The Reserve Bank of India (RBI) has announced that the first of its pilot launches of a digital rupee will begin Tuesday (Nov. 1) with...

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Fidelity: 58% of Investors Have Money in Crypto
Fidelity: 58% of Investors Have Money in Crypto
October 27, 2022  |  Cryptocurrency

A rocky cryptocurrency market hasn’t been enough to dissuade people from investing in digital currency, a new survey by Fidelity Investments found. The company’s findings...

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FTX CEO Says Firm Is Making Its Own Stablecoin
FTX CEO Says Firm Is Making Its Own Stablecoin
October 27, 2022  |  Cryptocurrency

Crypto exchange FTX could soon have its own stablecoin. In an interview published Thursday (Oct. 27) by the French Web3-focused publication The Big Whale, FTX...

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Digital Yuan Transactions Pass $14B While US Debates Digital Dollar
Digital Yuan Transactions Pass $14B While US Debates Digital Dollar
October 26, 2022  |  Cryptocurrency

Chinese citizens have spent more than $14 billion worth of digital yuan, the People’s Bank of China said last week. That represented 360 million transactions...

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Report: Stablecoin Caps are Being Reconsidered as MiCA Vote Nears
Report: Stablecoin Caps are Being Reconsidered as MiCA Vote Nears
October 25, 2022  |  Regulation

The caps placed on stablecoins in the Markets in Crypto Assets Regulation (MiCA) legislation that is now being considered by the European Parliament are reportedly...

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FDIC Chair: Stablecoins Could Bring Bank Consolidation, Disintermediation
FDIC Chair: Stablecoins Could Bring Bank Consolidation, Disintermediation
October 20, 2022  |  Cryptocurrency

Stablecoins have the potential to “fundamentally alter the landscape of banking,” the head of the Federal Deposit Insurance Corporation said in a speech on Thursday...

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