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 Vice Chair Michael S. Barr Calls for Stablecoin Regulation
Fed Vice Chair Michael S. Barr Calls for Stablecoin Regulation
October 27, 2023  |  Cryptocurrency

Michael S. Barr, vice chair for supervision at the Federal Reserve, addressed the increased experimentation with new payment technologies, such as stablecoins and central bank digital...

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Digital Euro Begins Two-Year Prep Phase at European Central Bank
Digital Euro Begins Two-Year Prep Phase at European Central Bank
October 18, 2023  |  CBDC

The European Central Bank (ECB) is closer to launching a digital euro. The ECB announced in a Wednesday (Oct. 18) press release that it will...

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Hamas’ Alleged Crypto Use Has Lawmakers Pressing Biden for Answers
Hamas’ Alleged Crypto Use Has Lawmakers Pressing Biden for Answers
October 18, 2023  |  Cryptocurrency

Reports emerged last week that Hamas’ attack on Israel might have been financed with cryptocurrency. Now, a bipartisan group of U.S. lawmakers — led by...

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Federal Judge Denies SEC Request to Appeal Crypto Ruling
Federal Judge Denies SEC Request to Appeal Crypto Ruling
October 04, 2023  |  Legal

A federal judge reportedly denied the Securities and Exchange Commission’s (SEC) request to appeal a ruling regarding Ripple Labs’ cryptocurrency, XRP. U.S. District Judge Analisa...

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Will CBDCs Pave Path to Better Liquidity Management and X-Border Trade?
Will CBDCs Pave Path to Better Liquidity Management and X-Border Trade?
October 03, 2023  |  CBDC

For companies large and small and their financial institutions (FIs) navigating operations and trade across borders, foreign exchange (FX) represents a key cost of doing...

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BIS and Central Banks Complete Test of Cross-Border Trading of CBDCs
BIS and Central Banks Complete Test of Cross-Border Trading of CBDCs
September 28, 2023  |  CBDC

The Bank for International Settlements (BIS) and three central banks concluded a central bank digital currency (CBDC) project. Project Mariana was developed by three BIS...

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PYMNTS Intelligence: How CUs Can Meet Members’ Cryptocurrency Expectations
PYMNTS Intelligence: How CUs Can Meet Members’ Cryptocurrency Expectations
September 28, 2023  |  Credit Unions

Cryptocurrencies have become a popular choice for consumers either seeking a novel, fast-moving and potentially lucrative investment opportunity or exploring alternative payment methods to fiat...

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BIS Head: ‘Outdated’ Laws Holding Up CBDC Development
BIS Head: ‘Outdated’ Laws Holding Up CBDC Development
September 27, 2023  |  CBDC

Nearly every country on Earth has a central bank digital currency (CBDC) project in play. However, nearly 80% of the world’s central banks are either...

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Circle Helps Grab Users Open Web3 Wallets
Circle Helps Grab Users Open Web3 Wallets
September 14, 2023  |  Crypto Wallet

Circle has added its Web3 platform to Singapore-based Grab’s super app. The integration is available as the Grab Web3 Wallet and lets Singapore-based users set...

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