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

Nigeria to Amend eNaira Model to Promote CBDC Use

Nigeria to Amend eNaira Model to Promote CBDC Use
Nigeria to Amend eNaira Model to Promote CBDC Use
July 26, 2023  |  CBDC

Nigeria’s central bank wants more citizens to use its digital currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
Report: Russia Could Begin Testing Digital Ruble in August
Report: Russia Could Begin Testing Digital Ruble in August
July 19, 2023  |  CBDC

Russia could reportedly begin testing a digital ruble before the summer’s end. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
BIS: 93% of Central Banks Working on Digital Currencies
BIS: 93% of Central Banks Working on Digital Currencies
July 10, 2023  |  CBDC

A new Bank of International Settlements (BIS) survey shows the increasing popularity of central bank digital currencies. Get the Full Story Complete the form to unlock this...

READ MORE >
Singapore-Based DBS Launches Digital Yuan Merchant Collection Solution in China
Singapore-Based DBS Launches Digital Yuan Merchant Collection Solution in China
July 07, 2023  |  CBDC

DBS has launched a digital yuan (e-CNY) merchant collection solution and completed its first e-CNY transaction for a client. Get the Full Story Complete the form...

READ MORE >
Will Private Blockchain and the Fed Make Tokenized Deposits Mainstream?
Will Private Blockchain and the Fed Make Tokenized Deposits Mainstream?
July 07, 2023  |  CBDC

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
NY Fed: Digital Dollar Could Improve Cross-Border Payments
NY Fed: Digital Dollar Could Improve Cross-Border Payments
July 06, 2023  |  CBDC

The New York Federal Reserve said a digital dollar could improve cross-border and domestic payments. Get the Full Story Complete the form to unlock this article...

READ MORE >
EU Wants Digital Euro to Complement Cash, Not Replace It
EU Wants Digital Euro to Complement Cash, Not Replace It
June 28, 2023  |  CBDC

The European Commission (EC) says a digital euro should complement cash, not replace it. Get the Full Story Complete the form to unlock this article...

READ MORE >
ECB Proposal: Benefits of Digital Euro Outweigh the Costs
ECB Proposal: Benefits of Digital Euro Outweigh the Costs
June 26, 2023  |  CBDC

The European Union will reportedly publish draft rules governing a digital euro this week. Get the Full Story Complete the form to unlock this article...

READ MORE >
Swiss National Bank Preps Test of Wholesale CBDC
Swiss National Bank Preps Test of Wholesale CBDC
June 26, 2023  |  CBDC

Switzerland’s central bank is reportedly planning to issue a wholesale digital currency. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >