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

EU Financial Services Boss Pushes US for Crypto Regulations
EU Financial Services Boss Pushes US for Crypto Regulations
October 18, 2022  |  Cryptocurrency

The European Union’s financial services boss stressed to leaders on Capitol Hill that it’s important for the U.S. to finalize regulations governing cryptocurrency oversight.   Get...

READ MORE >
Crypto, Bank Overlap a Focus of DC FinTech Week
Crypto, Bank Overlap a Focus of DC FinTech Week
October 14, 2022  |  Cryptocurrency

Crypto’s recent volatility has shone a spotlight on the risks digital assets can pose for banks, according to Michael Barr, vice chair for supervision of...

READ MORE >
Payments Platform Wirex Launches USDC on Stellar
Payments Platform Wirex Launches USDC on Stellar
October 11, 2022  |  Cryptocurrency

Payments platform Wirex now supports the USD Coin (USDC) on the Stellar blockchain within the Wirex app and lets users save or spend USDC in real life....

READ MORE >
Study of Digital Dollar Beneficial Even if CBDCs Never Happen: Cleveland Fed Head
Study of Digital Dollar Beneficial Even if CBDCs Never Happen: Cleveland Fed Head
October 10, 2022  |  Cryptocurrency

Cleveland Federal Reserve President Loretta Mester said that even if the U.S. does not issue a central bank digital currency (CBDC), the Fed’s study of...

READ MORE >
OpenSea CFO Brian Roberts Takes Advisory Role
OpenSea CFO Brian Roberts Takes Advisory Role
October 10, 2022  |  Personnel

After 11 months as the chief financial officer of non-fungible token (NFT) marketplace OpenSea, Brian Roberts said he is sailing to new waters. Get the...

READ MORE >
SWIFT Claims Cross-Border CBDC Success; ECB Wants Settlement Control
SWIFT Claims Cross-Border CBDC Success; ECB Wants Settlement Control
October 06, 2022  |  CBDC

Financial messaging system SWIFT said that it has solved one of the thorniest problems central bank digital currency (CBDC) developers have been wrestling with: How...

READ MORE >
Final Draft of EU Crypto Law Caps Stablecoin Transactions
Final Draft of EU Crypto Law Caps Stablecoin Transactions
October 06, 2022  |  Regulation

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Today in Crypto: Terraform CEO Do Kwon Denies Prosecutors’ Seizure of Crypto Assets
Today in Crypto: Terraform CEO Do Kwon Denies Prosecutors’ Seizure of Crypto Assets
October 05, 2022  |  Cryptocurrency

Do Kwon, CEO of Terraform, has denied reports that 56.2 billion won (roughly $39.6 million) of his crypto assets have been frozen by South Korean...

READ MORE >
Hopes for Crypto Regulations Fade as Midterm Elections Approach
Hopes for Crypto Regulations Fade as Midterm Elections Approach
October 05, 2022  |  Cryptocurrency

Neither the House of Representatives nor the Senate will pass a crypto regulation bill before the elections next month. That’s a pretty safe prediction, given...

READ MORE >