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

Tether Must Pay $41M After Misleading Customers About Stablecoin Backing

Tether Must Pay $41M After Misleading Customers About Stablecoin Backing
Tether Must Pay $41M After Misleading Customers About Stablecoin Backing
October 17, 2021  |  Cryptocurrency

Stablecoin platform Tether will pay $41 million after the Commodity Futures Trading Commission (CFTC) said the company misled customers and potential buyers for almost three...

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Reports of Fraud Mar El Salvador’s Bitcoin Journey
Reports of Fraud Mar El Salvador’s Bitcoin Journey
October 15, 2021  |  Bitcoin

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

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NFT Roundup: Demand for Digital Image Assets Moves Deeper Into Mainstream 
NFT Roundup: Demand for Digital Image Assets Moves Deeper Into Mainstream 
October 15, 2021  |  Innovation

Coinbase, the cryptocurrency exchange, announced that it will soon debut a marketplace for NFTs. Meanwhile, Visa and TikTok partnered with creators on new, NFT-focused projects....

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The Digital Pound Foundation Wants to See UK’s CBDC Materialize; G7 Leaders Say It Must Support, Do No Harm
The Digital Pound Foundation Wants to See UK’s CBDC Materialize; G7 Leaders Say It Must...
October 15, 2021  |  CBDC

While interest in central bank digital currencies (CBDCs) continues to soar around the world, a group of innovation and regulatory experts in the U.K. are...

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Stablecoins and Next-Gen Payments: Marching Toward Institutional Adoption of DeFi in Europe
Stablecoins and Next-Gen Payments: Marching Toward Institutional Adoption of DeFi in Europe
October 14, 2021  |  Cryptocurrency

Cryptocurrencies and stablecoins will likely play a more noticeable role in the future global payments ecosystem, as consumers and businesses increasingly embrace cryptocurrencies and investments...

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Ripple Joins Nonprofit Focused on Creating Digital Pound
Ripple Joins Nonprofit Focused on Creating Digital Pound
October 14, 2021  |  CBDC

Blockchain solutions provider Ripple has joined the Digital Pound Foundation, a nonprofit focused on the creation and implementation of a digital pound in the United Kingdom,...

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Bank of England’s Governor Says Cryptocurrencies Need Regulation
Bank of England’s Governor Says Cryptocurrencies Need Regulation
October 14, 2021  |  Cryptocurrency

Bank of England Deputy Governor Sir Jon Cunliffe is calling for the immediate regulation of cryptocurrencies, according to a Thursday (Oct. 14) report from BBC....

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Hungary’s Perfinal Launches CBDC-ready Platform That Creates Digital Banks
Hungary’s Perfinal Launches CBDC-ready Platform That Creates Digital Banks
October 14, 2021  |  Banking

Perfinal, the Hungarian core banking provider, says its new platform will be ready for central bank digital currencies (CBDCs), a press release says. Get the...

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