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

China Hands Out Free Money, Adds Chengdu To Digital Yuan Test Cities

China Hands Out Free Money, Adds Chengdu To Digital Yuan Test Cities
China Hands Out Free Money, Adds Chengdu To Digital Yuan Test Cities
February 24, 2021  |  Cross-border Payments

The southwestern Chinese city of Chengdu will give out over $6 million in the latest test drive of the central bank’s digital currency, CNBC reported....

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Bitcoin Daily: Cannabis eCommerce Platform American Green To Accept Bitcoin Payments; Crypto Custody Platform Koine Enters Insolvency
Bitcoin Daily: Cannabis eCommerce Platform American Green To Accept Bitcoin Payments; Crypto Custody Platform Koine...
February 23, 2021  |  Bitcoin

American Green will be expanding its eCommerce platform in March to include bitcoin payments to help people pay for cannabidiol (CBD) and hemp, according to...

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Central Banks Of China, UAE Join CBDC Cross-Border Initiative
Central Banks Of China, UAE Join CBDC Cross-Border Initiative
February 23, 2021  |  Cross-border Payments

The People’s Bank of China and the Central Bank of the United Arab Emirates are now joining the second phase of the initiative formerly known...

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Today in Payments: Lloyds Bank Uses Mastercard’s Open Banking Connect; Digital Dollar Exploration Gets Yellen Backing
Today in Payments: Lloyds Bank Uses Mastercard’s Open Banking Connect; Digital Dollar Exploration Gets Yellen...
February 23, 2021  |  News

In today’s top news, Lloyds Bank credit card holders can now use Mastercard’s Open Banking Connect, and U.S. Treasury Secretary Janet Yellen supports exploring a...

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Today In Digital-First Banking: Brex Seeks Bank Charter; MYBank Enrolls In Digital Yuan Test Drives
Today In Digital-First Banking: Brex Seeks Bank Charter; MYBank Enrolls In Digital Yuan Test Drives
February 22, 2021  |  Banking

In today’s top news in digital-first banking, Brex has filed to open an industrial bank in Utah, while MYBank is getting in on China’s moves...

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Digital Dollar Exploration Gets Backing From Treasury Secretary Yellen
Digital Dollar Exploration Gets Backing From Treasury Secretary Yellen
February 22, 2021  |  Digital Payments

Full steam ahead for the digital dollar — but no go for bitcoin as (widespread) transaction mechanism? Get the Full Story Complete the form to...

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MYBank, Backed By Ant Group, Signs Up For Digital Yuan Test Drives
MYBank, Backed By Ant Group, Signs Up For Digital Yuan Test Drives
February 22, 2021  |  Cross-border Payments

Ant Group’s MYBank is getting in on China’s moves toward launching a digital currency. The online bank said it will now be one of the...

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Getting Bitpaid: Crypto Edges To Mainstream And Everyday Transactions
Getting Bitpaid: Crypto Edges To Mainstream And Everyday Transactions
February 22, 2021  |  Cryptocurrency

The momentum and controversy around bitcoin continue unabated. Elon Musk invested $1.5 billion in it. Twitter is studying it for potential use. And a company...

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