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 Advisor Defends Amazon’s Role in Digital Euro Project

ECB Advisor Defends Amazon’s Role in Digital Euro Project
ECB Advisor Defends Amazon’s Role in Digital Euro Project
September 28, 2022  |  CBDC

An advisor to the European Central Bank (ECB) is defending the decision to make Amazon one of the five companies to test a digital euro....

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Fed’s Powell: Crypto Regulation Needed Before DeFi Melds With Banking
Fed’s Powell: Crypto Regulation Needed Before DeFi Melds With Banking
September 27, 2022  |  Legal & Regulation

Federal Reserve Chair Jerome Powell thinks the crypto industry could cause broader financial turmoil in the future than it has so far, so there’s a...

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Robinhood Releases Beta Version of Web3 Wallet
Robinhood Releases Beta Version of Web3 Wallet
September 27, 2022  |  Cryptocurrency

Robinhood has released a beta version of its Web3 wallet called Robinhood Wallet that will enable users to control their cryptocurrency, trade and swap crypto...

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ECB’s Panetta: Wholesale CBDC Infrastructure Should Evolve to Meet Needs
ECB’s Panetta: Wholesale CBDC Infrastructure Should Evolve to Meet Needs
September 26, 2022  |  CBDC

Fabio Panetta, Member of the Executive Board of the European Central Bank (ECB), has a speech in which he touts the opportunity for central bank...

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A Year After Launch, Local Platforms Seem Ready to Embrace eNaira
A Year After Launch, Local Platforms Seem Ready to Embrace eNaira
September 26, 2022  |  CBDC

Nearly a year after its launch in October 2021, Nigeria’s central bank digital currency (CBDC), the eNaira, is beginning to gain traction in the country....

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Report: IRS ‘Steps Up’ Work to Find Crypto Tax Evaders
Report: IRS ‘Steps Up’ Work to Find Crypto Tax Evaders
September 26, 2022  |  Cryptocurrency

The Internal Revenue Service (IRS) has reportedly “stepped up” its pursuit of taxpayers who haven’t reported and paid taxes on cryptocurrency transactions by getting a...

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US Not Hurried on Digital Dollar as ECB Targets Tech Infrastructure
US Not Hurried on Digital Dollar as ECB Targets Tech Infrastructure
September 26, 2022  |  CBDC

Negotiations on a stablecoin regulatory bill last week indicated that the congressional sense of urgency on a U.S. central bank digital currency (CBDC) isn’t very...

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3 Reasons a Digital Dollar Is Still a Long Way Off
3 Reasons a Digital Dollar Is Still a Long Way Off
September 26, 2022  |  CBDC

It probably isn’t a coincidence that Bank of America’s cryptocurrency team stomped on the brakes regarding its prediction of a digital dollar as soon as...

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