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

How Lessons From Nigeria’s eNaira Rollout Can Guide Future of CBDCs in Africa
How Lessons From Nigeria’s eNaira Rollout Can Guide Future of CBDCs in Africa
August 25, 2022  |  CBDC

In its August monetary policy statement, the Central Bank of Zimbabwe (CBZ) announced that it has developed a “roadmap for adoption of CBDC [central bank...

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The Myth of ‘Censorship-Resistant’ Crypto
The Myth of ‘Censorship-Resistant’ Crypto
August 25, 2022  |  Cryptocurrency

“Ah, employee No. 267359, we see here that a digital wallet address connected to your loyalty program account at Mega Retail Corp. transferred two beers’...

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EU, MENA FIs Embrace, Bank on the Metaverse
EU, MENA FIs Embrace, Bank on the Metaverse
August 24, 2022  |  Metaverse

In the space of two years, the metaverse went from a tech industry buzzword to a widely discussed emerging reality. At the core of the...

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Binance Offering One Month of Fee-Free ETH/BUSD Trading
Binance Offering One Month of Fee-Free ETH/BUSD Trading
August 23, 2022  |  Cryptocurrency

Cryptocurrency trading platform Binance will begin offering a month of zero-fee trading for the ETH/BUSD spot trading pair, the company announced Tuesday (Aug. 23). According...

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Gensler Changes Tactics in Capitol Hill Crypto Fight
Gensler Changes Tactics in Capitol Hill Crypto Fight
August 22, 2022  |  Regulation

Securities and Exchange Commission (SEC) Chairman Gary Gensler is changing directions in the argument over whether or not cryptocurrencies are securities, signalling a change in...

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CFOs Face New Challenge to Tame FX Impact on Cross-Border Payments
CFOs Face New Challenge to Tame FX Impact on Cross-Border Payments
August 22, 2022  |  B2B Payments

There are close to 200 global fiat currencies, a veritable financial Tower of Babel. Add to that cryptocurrencies, and you have unprecedented FX complexity in...

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FTX Revenue Reportedly Grew 10x in 2021
FTX Revenue Reportedly Grew 10x in 2021
August 21, 2022  |  Cryptocurrency

With crypto surging, exchange FTX was reportedly able to rack up a billion dollars in revenue in 2021. Citing internal audited financials, CNBC reported Saturday...

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Mercado Libre’s New Crypto Raises More Questions Than Answers
Mercado Libre’s New Crypto Raises More Questions Than Answers
August 19, 2022  |  Cryptocurrency

The Mercado Coin announced Thursday (Aug. 18) by Latin American eCommerce giant Mercado Libre may be a digital currency issued on the Ethereum blockchain, but...

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Nigeria Aims for 8M eNaira Users as Crypto Adoption Grows
Nigeria Aims for 8M eNaira Users as Crypto Adoption Grows
August 18, 2022  |  Cryptocurrency

Since launching its digital currency last October, Nigeria has seen 840,000 people use the eNaira, and the country is now looking to get that number...

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