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

El Salvador Weekly: One Year on, Bitcoin-as-Legal-Tender Is on the Ropes
El Salvador Weekly: One Year on, Bitcoin-as-Legal-Tender Is on the Ropes
September 04, 2022  |  Cryptocurrency

El Salvador’s experiment to make bitcoin a legal tender alongside the dollar is rapidly approaching its one-year anniversary on Sept. 7, and the endeavor has...

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California Crypto Bill Would Be as Tough as New York’s BitLicense, Critics Say
California Crypto Bill Would Be as Tough as New York’s BitLicense, Critics Say
September 01, 2022  |  Cryptocurrency

With a comprehensive crypto licensing bill awaiting California Governor Gavin Newsom’s signature, the U.S.’s largest market has jumped into the fight over consumer protection and...

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Japan’s Financial Regulator Wants to Ease Crypto Tax Rules
Japan’s Financial Regulator Wants to Ease Crypto Tax Rules
August 31, 2022  |  Cryptocurrency

Japan’s Financial Services Agency is calling for less stringent corporate tax rules for cryptocurrency assets and individual stock investors. The proposed moves are in aid...

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Digital Dollar Debate Shifts as Central Banks Embrace CBDCs
Digital Dollar Debate Shifts as Central Banks Embrace CBDCs
August 30, 2022  |  CBDC

Federal Reserve Board of Governors member Michelle Bowman said two weeks ago that the imminent launch of the FedNow real-time payments system makes a digital...

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CBDC Weekly: FIS Announces CBDC Virtual Lab; Nigeria Seeks eNaira Rollout Acceleration
CBDC Weekly: FIS Announces CBDC Virtual Lab; Nigeria Seeks eNaira Rollout Acceleration
August 29, 2022  |  CBDC

Financial services technology provider FIS recently announced the launch of a CBDC Virtual Lab that will give central banks, commercial banks and other financial participants the...

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Federal Reserve Eyes Summer ’23 Launch for FedNow
Federal Reserve Eyes Summer ’23 Launch for FedNow
August 29, 2022  |  Faster Payments

The Federal Reserve is readying its FedNow payments system for launch next year, a move supporters say will make near-instant payments widely available. As The...

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SEC Homes in on Small Cryptos to Bolster Oversight Case
SEC Homes in on Small Cryptos to Bolster Oversight Case
August 29, 2022  |  Cryptocurrency

The Securities and Exchange Commission appears to be targeting a trio of smaller, privacy-focused cryptocurrencies, including Stellar’s lumen token, the world’s largest digital asset manager...

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Emerging Market Consumers Lukewarm on Value of CBDCs
Emerging Market Consumers Lukewarm on Value of CBDCs
August 29, 2022  |  CBDC

It’s been over a year since the Central Bank of Nigeria (CBN) issued a circular prohibiting banks and other financial institutions from facilitating cryptocurrency transactions...

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Tether Audit, Promised for 5 Years, Still Months Away, CTO Says
Tether Audit, Promised for 5 Years, Still Months Away, CTO Says
August 28, 2022  |  Cryptocurrency

Tether has said an audit of its finances, meant to assure of its stability, could still be months off, according to Chief Technology Officer Paolo...

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