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

Reserve Bank of India Launches First Pilot of Digital Rupee

Reserve Bank of India Launches First Pilot of Digital Rupee
Reserve Bank of India Launches First Pilot of Digital Rupee
October 31, 2022  |  CBDC

The Reserve Bank of India (RBI) has announced that the first of its pilot launches of a digital rupee will begin Tuesday (Nov. 1) with...

READ MORE >
Fidelity: 58% of Investors Have Money in Crypto
Fidelity: 58% of Investors Have Money in Crypto
October 27, 2022  |  Cryptocurrency

A rocky cryptocurrency market hasn’t been enough to dissuade people from investing in digital currency, a new survey by Fidelity Investments found. Get the Full...

READ MORE >
FTX CEO Says Firm Is Making Its Own Stablecoin
FTX CEO Says Firm Is Making Its Own Stablecoin
October 27, 2022  |  Cryptocurrency

Crypto exchange FTX could soon have its own stablecoin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

READ MORE >
Digital Yuan Transactions Pass $14B While US Debates Digital Dollar
Digital Yuan Transactions Pass $14B While US Debates Digital Dollar
October 26, 2022  |  Cryptocurrency

Chinese citizens have spent more than $14 billion worth of digital yuan, the People’s Bank of China said last week. Get the Full Story Complete...

READ MORE >
Report: Stablecoin Caps are Being Reconsidered as MiCA Vote Nears
Report: Stablecoin Caps are Being Reconsidered as MiCA Vote Nears
October 25, 2022  |  Regulation

The caps placed on stablecoins in the Markets in Crypto Assets Regulation (MiCA) legislation that is now being considered by the European Parliament are reportedly...

READ MORE >
FDIC Chair: Stablecoins Could Bring Bank Consolidation, Disintermediation
FDIC Chair: Stablecoins Could Bring Bank Consolidation, Disintermediation
October 20, 2022  |  Cryptocurrency

Stablecoins have the potential to “fundamentally alter the landscape of banking,” the head of the Federal Deposit Insurance Corporation said in a speech on Thursday...

READ MORE >
EU Financial Services Boss Pushes US for Crypto Regulations
EU Financial Services Boss Pushes US for Crypto Regulations
October 18, 2022  |  Cryptocurrency

The European Union’s financial services boss stressed to leaders on Capitol Hill that it’s important for the U.S. to finalize regulations governing cryptocurrency oversight.   Get...

READ MORE >
Crypto, Bank Overlap a Focus of DC FinTech Week
Crypto, Bank Overlap a Focus of DC FinTech Week
October 14, 2022  |  Cryptocurrency

Crypto’s recent volatility has shone a spotlight on the risks digital assets can pose for banks, according to Michael Barr, vice chair for supervision of...

READ MORE >
Payments Platform Wirex Launches USDC on Stellar
Payments Platform Wirex Launches USDC on Stellar
October 11, 2022  |  Cryptocurrency

Payments platform Wirex now supports the USD Coin (USDC) on the Stellar blockchain within the Wirex app and lets users save or spend USDC in real life....

READ MORE >