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

Fed Chair: CBDC Could Preserve Dollar’s Standing
Fed Chair: CBDC Could Preserve Dollar’s Standing
June 17, 2022  |  CBDC

A central bank digital currency (CBDC) would help boost the long-term strength of the U.S. dollar, the chair of the Federal Reserve said Friday (June...

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Today in Crypto: LatAm Exchange Bitso Processed $1B in US-Mexican Remittances YTD; Crypto Hedge Fund Three Arrows Capital Misses Lender Margin Calls
Today in Crypto: LatAm Exchange Bitso Processed $1B in US-Mexican Remittances YTD; Crypto Hedge Fund...
June 16, 2022  |  Cryptocurrency

Inverse Finance, the ethereum-based DeFi tool, has seen an exploitation for over $1.2 million in cryptocurrency as of Thursday (June 16), CoinDesk writes, citing on-chain...

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ECB Official Touts Public-Private Cooperation in Payments Digitization
ECB Official Touts Public-Private Cooperation in Payments Digitization
June 16, 2022  |  Europe

The European Central Bank (ECB) will be eyeing the effects of digitization, including ways to “stay at the technological frontier and satisfy consumers’ demand for...

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ECB’s Panetta Urges Firms to Adopt EU Instant Payment Solutions
ECB’s Panetta Urges Firms to Adopt EU Instant Payment Solutions
June 16, 2022  |  Faster Payments

The European Union should continue working on a pan-European payment solution based on instant payments and a digital euro to avoid relying on United States...

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CBDC Weekly: Government-Issued Digital Currencies Have a Big PR Problem
CBDC Weekly: Government-Issued Digital Currencies Have a Big PR Problem
June 13, 2022  |  CBDC

The European Union is closing its public consultation period Tuesday (June 14) regarding its intention to launch a digital euro, with the central bank digital...

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Stablecoins’ Wobbly Dollar Pegs Add to Crypto Market Chaos
Stablecoins’ Wobbly Dollar Pegs Add to Crypto Market Chaos
June 13, 2022  |  Cryptocurrency

A pair of stablecoins broke the buck over the last 24 hours as inflation-fueled economic worries fueled a broader crypto market collapse that saw bitcoin...

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EU Faces Citizens’ Opposition in Race for Digital Euro
EU Faces Citizens’ Opposition in Race for Digital Euro
June 13, 2022  |  CBDC

The European Commission will close a public consultation on the digital euro on Tuesday (June 14), after feedback from EU citizens indicated that a central...

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Today in Crypto: S. Korea Probes Embezzlement Allegations at Terraform Labs; Blockchain.com CEO Warns of Crypto Winter
Today in Crypto: S. Korea Probes Embezzlement Allegations at Terraform Labs; Blockchain.com CEO Warns of...
June 09, 2022  |  Cryptocurrency

Coinbase will invest in Southeast Asian crypto exchange Zipmex rather than fully buying it, The Block Crypto reported Thursday (June 9). The purchase was discussed...

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In US First, NY Requires Stablecoins to Be Backed by Cash
In US First, NY Requires Stablecoins to Be Backed by Cash
June 08, 2022  |  Cryptocurrency

New York was the first state to put a regulatory framework in place for cryptocurrencies with its Bitlicense, and now it is doing the same...

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