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

Nonprofit Digital Dollar Project Plans Five Tests For Concept
Nonprofit Digital Dollar Project Plans Five Tests For Concept
May 03, 2021  |  Payment Methods

With cryptocurrencies like bitcoin beset by price spikes (and slides), a nonprofit organization plans to test the concept of a U.S. central bank digital currency...

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Big Banks See Challenges, Opportunities In Central Bank Digital Currencies
Big Banks See Challenges, Opportunities In Central Bank Digital Currencies
May 03, 2021  |  Cryptocurrency

Central bank digital currencies (CBDCs) may be a certainty – in other words, they’ll appear, here and there, depending on which nation you’re looking at,...

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Andreessen Horowitz Considers $1 Billion Crypto Investment Fund
Andreessen Horowitz Considers $1 Billion Crypto Investment Fund
May 02, 2021  |  Cryptocurrency

Andreessen Horowitz, one of the highest-profile Silicon Valley venture capital firms, will be looking at a new investment fund for investing in cryptocurrency, which could...

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Ripple Could Have IPO In Sight, Post-SEC Spat
Ripple Could Have IPO In Sight, Post-SEC Spat
April 30, 2021  |  Cryptocurrency

Wait for the smoke to clear – and then go public. To that end, as reported this week, crypto firm Ripple might be headed to...

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IRS Seeks Ways To Access Digital Currency Wallets Under Criminal Investigation
IRS Seeks Ways To Access Digital Currency Wallets Under Criminal Investigation
April 30, 2021  |  Taxes

U.S. tax authorities want assistance with accessing digital currency hardware wallets, Vice reported Thursday (April 29), citing a document published on the agency website in...

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Ripple CEO Calls US Crypto Rules ‘Frustrating’
Ripple CEO Calls US Crypto Rules ‘Frustrating’
April 30, 2021  |  Cryptocurrency

Facing charges from the U.S. Securities and Exchange Commission (SEC), the CEO of Ripple fired back on Friday (April 30), saying that cryptocurrency regulations offer...

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PayPal Users Can Link Wallets To Coinbase To Buy Crypto
PayPal Users Can Link Wallets To Coinbase To Buy Crypto
April 29, 2021  |  Cryptocurrency

In the bid to make digital currencies more widely available and embraced by consumers, perhaps … make them easier to buy.  To that end, PayPal...

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Bitcoin Purchases Reduce Tesla’s Cash And Cash Equivalents In Q1
Bitcoin Purchases Reduce Tesla’s Cash And Cash Equivalents In Q1
April 26, 2021  |  Earnings

Tesla reported that quarter-end cash and cash equivalents fell to $17.1 billion in the first quarter of 2021, fueled partly by a net cash outflow...

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Today In Digital-First Banking: NYCB, Flagstar To Combine In $2.6 Billion Deal; Nubank In Discussions To Go Public In US
Today In Digital-First Banking: NYCB, Flagstar To Combine In $2.6 Billion Deal; Nubank In Discussions...
April 26, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Michigan’s Flagstar Bancorp and New York Community Bancorp (NYCB) have inked a merger deal, while Brazil’s Nubank is...

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