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

Battleground Shapes up in Europe: Digital Euro and Central Banks vs Private Stablecoin Issuers
Battleground Shapes up in Europe: Digital Euro and Central Banks vs Private Stablecoin Issuers
September 05, 2023  |  Cryptocurrency

In Europe, the digital currency battleground is shaping up to be one where the central banks are on one side, and private issuers are on...

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From Remittances to Retail: Why Ripple Believes CBDCs Will Change Global Payments
From Remittances to Retail: Why Ripple Believes CBDCs Will Change Global Payments
September 05, 2023  |  CBDC

As currency becomes increasingly digitized, more end users are able to reap its benefits, in turn feeding an underlying network effect of increased market participants...

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Circle and Mercado Pago Partner to Improve Access to USDC
Circle and Mercado Pago Partner to Improve Access to USDC
August 29, 2023  |  Partnerships

Global FinTech firm Circle has partnered with Mercado Pago, the largest FinTech company in Latin America, to enhance efficiency and accessibility to digital dollars in Chile. By granting...

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Mastercard Adds Fluency to Its CBDC Partners
Mastercard Adds Fluency to Its CBDC Partners
August 21, 2023  |  Payment Methods

Mastercard has chosen tokenized assets solutions company company Fluency to help it speak the language of CBDCs. The collaboration, announced Friday (Aug. 18), is designed...

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Colombia Central Bank Backs Spending Limits on Retail CBDCs 
Colombia Central Bank Backs Spending Limits on Retail CBDCs 
August 18, 2023  |  CBDC

The push toward central bank digital currencies seems an inexorable one. But among the issues that remain to be sorted out are the parameters of...

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CBDCs’ Relevance Questioned After Canada Casts Skepticism
CBDCs’ Relevance Questioned After Canada Casts Skepticism
August 11, 2023  |  CBDC

It’s a widely reported data point that 93% of central banks are in at least some stage of deploying — or at least exploring —...

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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. To that end, the bank’s acting governor, Folashodun Adebisi Shonubi, tweeted Wednesday (July 26) that the Central...

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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. Lawmakers in the country, whose payment systems have been hamstrung since last year...

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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. The survey, released Monday (July 10), found that the share of central...

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