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

UK Cross-Industry Consortium to Focus on Future of Digital Currencies
UK Cross-Industry Consortium to Focus on Future of Digital Currencies
August 17, 2022  |  Digital Payments

A new cross-industry group called the Digital Financial Market Infrastructure (DFMI) Consortium has launched in the U.K. to focus on consulting and experimenting with alternative...

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Another Hack, Another Collapse as Stablecoin Woes Follow Familiar Pattern
Another Hack, Another Collapse as Stablecoin Woes Follow Familiar Pattern
August 15, 2022  |  Cryptocurrency

Another unbacked stablecoin collapsed this weekend, this time after a hacker was able to mint a staggering $1.28 billion worth of the dollar-pegged token. The...

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Savvy Retailers Demand Sophisticated Answers to Evolving Crypto Questions
Savvy Retailers Demand Sophisticated Answers to Evolving Crypto Questions
August 15, 2022  |  Cryptocurrency

Welcome to “The Merchants Guide to Accepting Crypto: The Questions to Ask,” a new PYMNTS series aimed at helping merchants big and small, online and...

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Zimbabwe Has ‘Roadmap’ to CBDC, Says Central Bank Governor
Zimbabwe Has ‘Roadmap’ to CBDC, Says Central Bank Governor
August 14, 2022  |  CBDC

Zimbabwe central bank governor John Mangudya has said there’s a “roadmap” to adopt a CBDC, a consultation paper from the bank said. This comes six...

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Brazilian Crypto Platform BlueBenx Suspends Withdrawals, Reports $31M Hack
Brazilian Crypto Platform BlueBenx Suspends Withdrawals, Reports $31M Hack
August 14, 2022  |  Cryptocurrency

Brazilian cryptocurrency investment platform BlueBenx has become the latest crypto company to suspend withdrawals, citing an alleged hack that cost the company over $31 million....

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Crypto-Related Crime Less Common, Easier to Track, Says Chainalysis
Crypto-Related Crime Less Common, Easier to Track, Says Chainalysis
August 11, 2022  |  Cryptocurrency

Last week, the number of unique cryptocurrency addresses passed the 1 billion mark. That isn’t to say there are a billion crypto users, Kim Grauer,...

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Crypto Regulation Weekly: Economist Argues Stablecoins Should Be Top of Agenda in US, Europe
Crypto Regulation Weekly: Economist Argues Stablecoins Should Be Top of Agenda in US, Europe
August 10, 2022  |  Cryptocurrency

There’s no area of crypto with a more pressing need for strong and clear regulations than stablecoins. The dollar-pegged cryptocurrencies have so many of the...

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Security Firm: Slow Political Response Giving DeFi Hackers a Free Hand
Security Firm: Slow Political Response Giving DeFi Hackers a Free Hand
August 09, 2022  |  Cryptocurrency

Decentralized finance (DeFi) hacks cost crypto investors more than $2 billion in the first six months of the year alone. That’s more than in all...

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With Tornado Cash Sanctions, Feds Seek to Lift Crypto’s Veil of Anonymity
With Tornado Cash Sanctions, Feds Seek to Lift Crypto’s Veil of Anonymity
August 09, 2022  |  Cryptocurrency

In sanctioning what it called the “notorious virtual currency mixer Tornado Cash” on Monday (Aug. 8), the Treasury Department kicked off what could be the...

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