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

Top News In Payments: ECB Has Mulled Public Digital Currency; Grab Debuts Numberless Card In Batches
Top News In Payments: ECB Has Mulled Public Digital Currency; Grab Debuts Numberless Card In...
December 05, 2019  |  News

In today’s top news, the European Central Bank (ECB) has mulled using a public cryptocurrency if international payments inside of Europe stayed too costly. Also,...

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MUFG Links With Recruit For Possible B2B Digital Currency
MUFG Links With Recruit For Possible B2B Digital Currency
December 04, 2019  |  B2B Payments

Japan’s MUFG Bank has confirmed a joint venture with human resources company Recruit Holdings, according to CoinDesk reports Wednesday (Dec. 4), with separate reports noting...

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France’s Central Bank Latest To Ponder A Digital Currency
France’s Central Bank Latest To Ponder A Digital Currency
November 28, 2019  |  Cryptocurrency

The First Deputy Governor of the central bank of France, Denis Beau, spoke in support of a blockchain-based settlement system that would allow for faster...

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FinCEN Head Warns AML Crypto Rules Will Be Strictly Enforced
FinCEN Head Warns AML Crypto Rules Will Be Strictly Enforced
November 18, 2019  |  Regulation

Financial Crimes Enforcement Network (FinCEN) Director Kenneth A. Blanco said on Friday (Nov. 15) that anti-money laundering (AML) laws will be strictly enforced in the...

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Top News In Payments: Digital Currency Faces Greenspan Backlash; Amazon Boosts Its Grocery Program; Goldman Denies Apple Card Discrimination
Top News In Payments: Digital Currency Faces Greenspan Backlash; Amazon Boosts Its Grocery Program; Goldman...
November 12, 2019  |  News

China is making privacy allowances for digital currency, which faces a new foe in the U.S. Meanwhile, Amazon is opening its first branded grocery store, and...

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Will The IRS Take A Bite Out Of Crypto’s Wild Ride?
Will The IRS Take A Bite Out Of Crypto’s Wild Ride?
November 12, 2019  |  Cryptocurrency

April is months away, but tax season is likely top of mind for crypto holders. To that end, in the United States, the Internal Revenue...

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Former Fed Chair: Central Banks Have No Reason To Issue Digital Currencies
Former Fed Chair: Central Banks Have No Reason To Issue Digital Currencies
November 12, 2019  |  Cryptocurrency

Former U.S. Federal Reserve Chairman Alan Greenspan said Tuesday (Nov. 12) that central banks have no reason to issue digital currency. “There’s no point for...

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China Making Privacy Allowances As It Plans Digital Currency Launch
China Making Privacy Allowances As It Plans Digital Currency Launch
November 12, 2019  |  Cryptocurrency

China is planning to launch a digital currency in early 2020 that will make allowances for privacy, a senior central bank official said on Tuesday...

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Bitcoin Daily: eToro Acquires Crypto Portfolio App Delta, ECB Considers Issuing Digital Currency
Bitcoin Daily: eToro Acquires Crypto Portfolio App Delta, ECB Considers Issuing Digital Currency
November 07, 2019  |  Bitcoin

Trading platform eToro has acquired crypto portfolio management app Delta in a deal reportedly worth $5 million. “We are excited to announce that Delta will...

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