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

Bank of England Calls for Tougher Crypto Rules
Bank of England Calls for Tougher Crypto Rules
July 05, 2022  |  Cryptocurrency

England’s central bank says that a recent $2 trillion drop in the value of cryptocurrencies shows the market needs stricter regulations. As the Financial Times...

READ MORE >
Meta Closes Novi Wallet, Which Launched Stablecoins, CBDCs
Meta Closes Novi Wallet, Which Launched Stablecoins, CBDCs
July 05, 2022  |  Meta

In a coda to its stablecoin payments ambitions, Meta announced on July 1 that the Novi digital wallet project is at an end. Launched with...

READ MORE >
Today in Data: Continuing Crypto Struggles
Today in Data: Continuing Crypto Struggles
July 05, 2022  |  Today In Data

Today in data, cryptocurrency markets continue to lose value, while the number of crypto users at one of America’s biggest banks drops by more than...

READ MORE >
Crypto Lender Vauld Suspends Withdrawals as Customers Yanked $200M
Crypto Lender Vauld Suspends Withdrawals as Customers Yanked $200M
July 04, 2022  |  Cryptocurrency

Crypto lender Vauld, which is backed by both Coinbase and investor Peter Thiel, has suspended withdrawals, citing the crisis on the digital asset market, the...

READ MORE >
Why EU Regulators, Policymakers Are Betting on a Retail CBDC
Why EU Regulators, Policymakers Are Betting on a Retail CBDC
July 04, 2022  |  CBDC

Most of the central banks in western countries have formally adopted a neutral position when it comes to the decision of whether to issue a...

READ MORE >
Today in Crypto: Three Arrows Capital Files for Bankruptcy; Celsius Hits Three Week Mark of Closed Withdrawals
Today in Crypto: Three Arrows Capital Files for Bankruptcy; Celsius Hits Three Week Mark of...
July 03, 2022  |  Cryptocurrency

Babel Finance, a cryptocurrency firm that is bending under the weight of significant debt, is looking to hire U.S. restructuring specialist firm Houlihan Lokey, CoinDesk...

READ MORE >
Meta to Repurpose Libra Wallet Tech for Web3
Meta to Repurpose Libra Wallet Tech for Web3
July 03, 2022  |  Meta

Facebook parent Meta told members it is closing its Novi digital wallet and they should remove their funds as soon as possible, certainly by September....

READ MORE >
Crypto Exchange MEXC Global to Accept Visa, Mastercard
Crypto Exchange MEXC Global to Accept Visa, Mastercard
July 03, 2022  |  Cryptocurrency

MEXC Global has begun letting customers directly buy cryptocurrencies with Mastercard and Visa, according to updates posted on the exchange’s website in June. “Users can...

READ MORE >
Despite Downturns, Central African Republic President Champions Crypto
Despite Downturns, Central African Republic President Champions Crypto
July 03, 2022  |  Cryptocurrency

The Central African Republic was the first country in Africa and the second in the world to make bitcoin an official currency, and its president...

READ MORE >