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

ECB Proposal: Benefits of Digital Euro Outweigh the Costs
ECB Proposal: Benefits of Digital Euro Outweigh the Costs
June 26, 2023  |  CBDC

The European Union will reportedly publish draft rules governing a digital euro this week. The regulations provide the legal basis for the digital currency, assuming...

READ MORE >
Swiss National Bank Preps Test of Wholesale CBDC
Swiss National Bank Preps Test of Wholesale CBDC
June 26, 2023  |  CBDC

Switzerland’s central bank is reportedly planning to issue a wholesale digital currency. The project will happen on the country’s SIX digital exchange, Swiss National Bank...

READ MORE >
Crypto Prices Continue Falling After SEC Actions
Crypto Prices Continue Falling After SEC Actions
June 12, 2023  |  Cryptocurrency

The fallout from last week’s regulatory actions against the cryptocurrency sector continues to reverberate. As Bloomberg News reported Monday (June 12), crypto prices have continued...

READ MORE >
Top Central Banks Approaching Critical Go-Forward Mark With CBDC Research
Top Central Banks Approaching Critical Go-Forward Mark With CBDC Research
May 31, 2023  |  CBDC

It is a time of profound, sweeping changes across finance, technology, and society. As money and other alternative payment vehicles continue to ride the ever-cresting...

READ MORE >
ECB Says Payments Landscape Has Room for Digital Euro
ECB Says Payments Landscape Has Room for Digital Euro
May 30, 2023  |  CBDC

The European Central Bank (ECB) has done recent tests that show the potential of a digital euro. The bank released results of a “prototyping exercise” — conducted...

READ MORE >
Report: UK CBDC Will Need New Finance and Data Laws
Report: UK CBDC Will Need New Finance and Data Laws
May 22, 2023  |  CBDC

If the United Kingdom wants to launch a digital pound, it will need to update its finance and data laws. That’s according to a Monday...

READ MORE >
NY Fed Teams With Singapore on Multicurrency Cross-Border CBDC Project
NY Fed Teams With Singapore on Multicurrency Cross-Border CBDC Project
May 19, 2023  |  CBDC

Cross-border payments are a major railway for facilitating the functioning of the global economy. Yet they face significantly greater challenges including slower speeds, more restricted...

READ MORE >
Ripple Debuts Platform to Mint CBDCs and Stablecoins
Ripple Debuts Platform to Mint CBDCs and Stablecoins
May 18, 2023  |  CBDC

Ripple has launched a platform to capitalize on worldwide interest in central bank digital currencies. The Ripple CBD Platform is a “frictionless end-to-end” solution to...

READ MORE >
Samsung and Bank of Korea Collaborate on Offline CBDC
Samsung and Bank of Korea Collaborate on Offline CBDC
May 16, 2023  |  CBDC

Samsung is reportedly working with the Bank of Korea on a central bank digital currency (CBDC). The consumer tech firm has signed an agreement known as a memorandum...

READ MORE >