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

Federal Reserve Eyes Summer ’23 Launch for FedNow

Federal Reserve Eyes Summer ’23 Launch for FedNow
Federal Reserve Eyes Summer ’23 Launch for FedNow
August 29, 2022  |  Real-Time Payments

The Federal Reserve is readying its FedNow payments system for launch next year, a move supporters say will make near-instant payments widely available. Get the...

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SEC Homes in on Small Cryptos to Bolster Oversight Case
SEC Homes in on Small Cryptos to Bolster Oversight Case
August 29, 2022  |  Cryptocurrency

The Securities and Exchange Commission appears to be targeting a trio of smaller, privacy-focused cryptocurrencies, including Stellar’s lumen token, the world’s largest digital asset manager...

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Emerging Market Consumers Lukewarm on Value of CBDCs
Emerging Market Consumers Lukewarm on Value of CBDCs
August 29, 2022  |  CBDC

It’s been over a year since the Central Bank of Nigeria (CBN) issued a circular prohibiting banks and other financial institutions from facilitating cryptocurrency transactions...

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Tether Audit, Promised for 5 Years, Still Months Away, CTO Says
Tether Audit, Promised for 5 Years, Still Months Away, CTO Says
August 28, 2022  |  Cryptocurrency

Tether has said an audit of its finances, meant to assure of its stability, could still be months off, according to Chief Technology Officer Paolo...

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How Lessons From Nigeria’s eNaira Rollout Can Guide Future of CBDCs in Africa
How Lessons From Nigeria’s eNaira Rollout Can Guide Future of CBDCs in Africa
August 25, 2022  |  CBDC

In its August monetary policy statement, the Central Bank of Zimbabwe (CBZ) announced that it has developed a “roadmap for adoption of CBDC [central bank...

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The Myth of ‘Censorship-Resistant’ Crypto
The Myth of ‘Censorship-Resistant’ Crypto
August 25, 2022  |  Cryptocurrency

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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EU, MENA FIs Embrace, Bank on the Metaverse
EU, MENA FIs Embrace, Bank on the Metaverse
August 24, 2022  |  Metaverse

In the space of two years, the metaverse went from a tech industry buzzword to a widely discussed emerging reality. Get the Full Story Complete...

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Binance Offering One Month of Fee-Free ETH/BUSD Trading
Binance Offering One Month of Fee-Free ETH/BUSD Trading
August 23, 2022  |  Cryptocurrency

Cryptocurrency trading platform Binance will begin offering a month of zero-fee trading for the ETH/BUSD spot trading pair, the company announced Tuesday (Aug. 23). Get...

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