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

ECB Outlines Banks’ Role in Central Bank Digital Currency Project
ECB Outlines Banks’ Role in Central Bank Digital Currency Project
December 21, 2022  |  CBDC

The ECB has published an update on its Central Bank Digital Currency project. The report, published on Thursday (Dec. 21), outlines the European Central Bank’s...

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Treasury Official: No Hurry for US to Adopt Digital Dollar
Treasury Official: No Hurry for US to Adopt Digital Dollar
December 21, 2022  |  CBDC

A leading U.S. Treasury official says the digital dollar could still be years away. U.S. regulators must first determine whether a central bank digital currency...

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Bank-to-Bank Digital Currency Poses Threat to Stablecoin Appeal 
Bank-to-Bank Digital Currency Poses Threat to Stablecoin Appeal 
December 19, 2022  |  Cryptocurrency

A bank-to-bank digital currency may threaten the appeal of traditional, privately-issued stablecoins. News came last month that the New York Fed has seen the benefits of such...

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Crypto Currency Gets Central Bank Makeover as Nations Pilot CBDCs
Crypto Currency Gets Central Bank Makeover as Nations Pilot CBDCs
December 19, 2022  |  CBDC

The crypto currency market is increasingly inspiring sovereign central banks to mint national digital fiat. “Digital assets are not on trial. Fraud and organizations are...

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Crypto Exchange Zipmex Asks Court for Rescue Financing
Crypto Exchange Zipmex Asks Court for Rescue Financing
December 18, 2022  |  Cryptocurrency

Thai crypto exchange Zipmex is headed to court after suspending withdrawals earlier this year. According to a document posted on its website Saturday and titled...

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Brazil Targets 2024 for CBDC
Brazil Targets 2024 for CBDC
December 13, 2022  |  CBDC

Brazil’s central bank hopes to launch a digital currency in 2024. That’s according to Central Bank of Brazil President Roberto Campos Neto, who said Tuesday...

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Binance Issues Temporary Pause on USDC Withdrawals
Binance Issues Temporary Pause on USDC Withdrawals
December 13, 2022  |  Cryptocurrency

Binance paused withdrawals of stablecoin USDC Tuesday (Dec. 13) as it conducted a “token swap.” “On USDC, we have seen an increase in withdrawals,” Chanpeng...

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Stablecoin Issuer Circle Delays Planned IPO
Stablecoin Issuer Circle Delays Planned IPO
December 05, 2022  |  Cryptocurrency

Digital currency firm Circle Internet Financial’s plans to go public have been delayed. The issuer of the USD Coin (USDC) and Euro Coin (EUROC) and...

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India’s Bankers Unimpressed With Digital Rupee
India’s Bankers Unimpressed With Digital Rupee
December 01, 2022  |  CBDC

India’s digital rupee has so far demonstrated little benefit, the nation’s bankers say. In a report from Reuters published Thursday (Dec. 1), seven bankers said...

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