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

Ripple to Help Montenegro Launch CBDC
Ripple to Help Montenegro Launch CBDC
April 11, 2023  |  CBDC

Montenegro has joined dozens of nations around the world in pursuing a digital currency. The Central Bank of Montenegro (CBCG) is working with cryptocurrency and...

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Credit Unions Weigh Cryptocurrency’s Effects on Member Loyalty
Credit Unions Weigh Cryptocurrency’s Effects on Member Loyalty
April 11, 2023  |  Credit Unions

Nearly one-third of United States consumers own cryptocurrency, and consumers who own crypto consider it when making various financial decisions. For example, 45% of crypto...

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US Treasury Says CBDCs Good for Consumers, Bad for Banks
US Treasury Says CBDCs Good for Consumers, Bad for Banks
March 24, 2023  |  CBDC

As the world’s digital transformation accelerates, money and payments are coming along for the ride. Or leading the charge, depending on who you ask. This,...

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Bank of England Says ‘Britcoin’ Will Boost UK Businesses
Bank of England Says ‘Britcoin’ Will Boost UK Businesses
February 27, 2023  |  CBDC

The U.K.’s digital currency project will have real world benefits for the country’s businesses. That’s according to Ben Broadbent, deputy governor for monetary policy at...

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UAE Plans Digital Dirham to Promote Cross-Border Payments
UAE Plans Digital Dirham to Promote Cross-Border Payments
February 13, 2023  |  CBDC

The United Arab Emirates (UAE) is preparing to launch a central bank digital currency. The Gulf nation announced its digital currency plans Sunday (Feb. 12)...

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ECB Renews Long-Term Commitment to Maintaining Euro Cash System
ECB Renews Long-Term Commitment to Maintaining Euro Cash System
February 08, 2023  |  Cash

The European Central Bank (ECB) has reaffirmed its commitment to maintaining a euro cash system. Commenting on a December ECB study on the payment attitudes...

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Bank of England Aiming to Launch Digital Pound by 2030
Bank of England Aiming to Launch Digital Pound by 2030
February 07, 2023  |  CBDC

The Bank of England and U.K. Treasury are exploring the feasibility of an official “Britcoin.” This, as a formal consultation launched Tuesday (Feb. 7) aims...

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India Tests Contactless Digital Rupee Payments
India Tests Contactless Digital Rupee Payments
February 06, 2023  |  CBDC

Indian banks and retailers have reportedly begun accepting contactless payments made with digital rupees. The move is part of the Reserve Bank of India’s retail...

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Visa Looks to Build Crypto ‘Muscle Memory’ With USDC
Visa Looks to Build Crypto ‘Muscle Memory’ With USDC
February 06, 2023  |  Cryptocurrency

Visa is reportedly exploring plans to let customers convert crypto assets into fiat currencies. Speaking at the StarkWare Sessions 2023 conference in Tel Aviv, Cuy...

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