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

Today In Digital-First Banking: Bank Negara Malaysia Could Assign 5 Digital Licenses; Eastern Caribbean Central Bank Rolls Out CBDC

Today In Digital-First Banking: Bank Negara Malaysia Could Assign 5 Digital Licenses; Eastern Caribbean Central Bank Rolls Out CBDC
Today In Digital-First Banking: Bank Negara Malaysia Could Assign 5 Digital Licenses; Eastern Caribbean Central...
April 01, 2021  |  Banking

In today’s top news in digital-first banking, Bank Negara Malaysia could issue up to five licenses for digital banks by the first quarter of 2022,...

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China Sends Its Digital Yuan Across The Hong Kong Border
China Sends Its Digital Yuan Across The Hong Kong Border
April 01, 2021  |  Cross-border Payments

China and Hong Kong have completed the first cross-border test of the digital yuan, officials from the People’s Bank of China announced Thursday (April 1)....

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Eastern Caribbean Central Bank Takes CBDC Live
Eastern Caribbean Central Bank Takes CBDC Live
April 01, 2021  |  Cryptocurrency

The Eastern Caribbean Central Bank (ECCB) has unveiled its central bank digital currency DCash, making it the second central bank officially entering the CBDC realm....

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Today In Digital-First Banking: Fondeadora Taps AU10TIX For ID Verification; Federal Reserve Reveals FedNow Specifications
Today In Digital-First Banking: Fondeadora Taps AU10TIX For ID Verification; Federal Reserve Reveals FedNow Specifications
March 31, 2021  |  Banking

In today’s top news in digital-first banking, Fondeadora said it had chosen AU10TIX to be its identity verification provider, while the U.S. Federal Reserve revealed...

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Major Players May Have To Wait Years For CBDCs
Major Players May Have To Wait Years For CBDCs
March 31, 2021  |  Cryptocurrency

For central bank digital currencies (CBDCs), in Europe, at least, it’s a case of hurry up and wait. As reported this week, the European Central...

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European Central Bank: Proper eCurrency Launch Could Take Years
European Central Bank: Proper eCurrency Launch Could Take Years
March 31, 2021  |  Digital Payments

The European Central Bank (ECB) said it could introduce a digital currency sometime this decade but it will take a few years to launch it...

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China Pushes Toward Global Rules For CBDCs 
China Pushes Toward Global Rules For CBDCs 
March 29, 2021  |  Cryptocurrency

Private, yes. Anonymous, no. In the race to bring central bank digital currencies (CBDCs) into the mainstream, key questions revolve around how they will be...

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Today In Payments: Circle Rolls Out NFT Platform; Pilot’s Valuation Surges To $1.2 Billion; Ternary Signs Onto Stripe Partner Program
Today In Payments: Circle Rolls Out NFT Platform; Pilot’s Valuation Surges To $1.2 Billion; Ternary...
March 29, 2021  |  News

In today’s top news, Circle has rolled out a NFT program, while Pilot has extended its Series C funding round to take in a total...

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