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)

HSBC Adoption of Metaco Platform Could Drive Interest in XRP Ledger
HSBC Adoption of Metaco Platform Could Drive Interest in XRP Ledger
November 27, 2023  |  Cryptocurrency

Supporters of Ripple’s XRP Ledger reportedly see a collaboration of Ripple-owned infrastructure provider Metaco and financial institution HSBC as a sign that banks will adopt...

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Circle and SBI Holdings Partner to Promote Stablecoins in Japan
Circle and SBI Holdings Partner to Promote Stablecoins in Japan
November 27, 2023  |  Partnerships

SBI Holdings, a Japanese financial services company, partnered with Circle, a global FinTech, to promote the use of stablecoins in Japan. The collaboration comes after...

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Bank for International Settlements: Digital Euro Project Enters ‘Preparation Phase’
Bank for International Settlements: Digital Euro Project Enters ‘Preparation Phase’
November 22, 2023  |  CBDC

The digital euro is feasible, and now comes the next chapter. In a speech delivered Tuesday (Nov. 21) and published by the Bank for International...

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Mastercard Says Robust Payment Networks Prevent Need for Retail CBDC
Mastercard Says Robust Payment Networks Prevent Need for Retail CBDC
November 17, 2023  |  CBDC

Mastercard said the widespread adoption of central bank digital currencies (CBDCs) faces challenges due to consumer comfort with traditional forms of money. CBDCs would have...

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NYDFS Issues Rules for Virtual Currency Listing and Delisting
NYDFS Issues Rules for Virtual Currency Listing and Delisting
November 15, 2023  |  Cryptocurrency

New York State’s financial watchdog has updated its rules for listing/delisting virtual currency.  The New York State Department of Financial Services (NYDFS) on Wednesday (Nov. 15)...

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Fed’s Barr Calls for ‘Strong Federal Regulation of Stablecoins’
Fed’s Barr Calls for ‘Strong Federal Regulation of Stablecoins’
November 07, 2023  |  Regulation

A leading financial regulator in the United States is issuing a warning about stablecoins. Michael Barr, vice chair for supervision at the Federal Reserve, told...

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PayPal Subpoenaed by SEC Over Stablecoins
PayPal Subpoenaed by SEC Over Stablecoins
November 02, 2023  |  Regulation

PayPal’s new stablecoin offering has caught the attention of regulators. The payments giant said in a regulatory filing Thursday (Nov. 2) that it had received...

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Bitcoin Surges to 17-Month High Before Retreating
Bitcoin Surges to 17-Month High Before Retreating
November 01, 2023  |  Bitcoin

Bitcoin experienced a brief surge to a fresh 17-month high Wednesday (Nov. 1) before retreating from the $35,000 mark.  The cryptocurrency jumped around 1.5% to...

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Fed Vice Chair Michael S. Barr Calls for Stablecoin Regulation
Fed Vice Chair Michael S. Barr Calls for Stablecoin Regulation
October 27, 2023  |  Cryptocurrency

Michael S. Barr, vice chair for supervision at the Federal Reserve, addressed the increased experimentation with new payment technologies, such as stablecoins and central bank digital...

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