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

‘Crypto Is Not Currency’, Says South Africa’s Central Bank Governor

‘Crypto Is Not Currency’, Says South Africa’s Central Bank Governor
‘Crypto Is Not Currency’, Says South Africa’s Central Bank Governor
August 30, 2021  |  Cryptocurrency

Reactions to cryptocurrencies have been mixed across the world. While countries like El Salvador have embraced bitcoin and classified the marquee cryptocurrency as legal currency,...

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Nigeria’s Central Bank Announces Plans to Launch Digital Currency
Nigeria’s Central Bank Announces Plans to Launch Digital Currency
August 30, 2021  |  Cryptocurrency

The Central Bank of Nigeria (CBN) has reportedly sent a document to banks in the country detailing the design of its soon-to-be launched e-naira digital...

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Facebook Ties Novi Launch To Diem, May Include NFT Features
Facebook Ties Novi Launch To Diem, May Include NFT Features
August 25, 2021  |  Payment Methods

Facebook is planning to link its launch of the Novi digital wallet to the debut of the digital coin Diem, according to David Marcus, who...

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Social Media Speed Bump Could Slow Path Of Cryptos’ Main Street Ambitions
Social Media Speed Bump Could Slow Path Of Cryptos’ Main Street Ambitions
August 25, 2021  |  Cryptocurrency

In the age of social media, anyone, at any time, can rise up to become an influencer. Get the Full Story Complete the form to...

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Paxos’ Digital Currency To Be Renamed Pax Dollar
Paxos’ Digital Currency To Be Renamed Pax Dollar
August 24, 2021  |  Cryptocurrency

Paxos has changed its Paxos Standard into the Pax Dollar, or USDP, according to a company blog post. Get the Full Story Complete the form...

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Stablecoins’ Use Cases Still Emerging As Changes, Regulations Loom 
Stablecoins’ Use Cases Still Emerging As Changes, Regulations Loom 
August 24, 2021  |  Cryptocurrency

There is continued debate over the role of stablecoins – and where they fit within digital commerce, in both commercial and retail settings. These cryptos have...

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Circle’s New Reserve Details Show Reservations Over Stablecoin Reserves 
Circle’s New Reserve Details Show Reservations Over Stablecoin Reserves 
August 23, 2021  |  Cryptocurrency

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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USDC Now Backed By Cash, US Treasuries
USDC Now Backed By Cash, US Treasuries
August 23, 2021  |  Cryptocurrency

Cryptocurrency exchange Coinbase and network Centre are collaborating to support Circle’s USD Coin, which is now backed by cash and short-term U.S. Treasuries, according to...

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