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

Market Crash Tests Crypto’s Survival of the Fittest

Market Crash Tests Crypto’s Survival of the Fittest
Market Crash Tests Crypto’s Survival of the Fittest
July 15, 2022  |  Cryptocurrency

When TerraUSD or UST, an algorithmic stablecoin that was supposed to be pegged to the dollar, collapsed in May, it sent shockwaves across the crypto...

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Brazilian Bank Itaú to Debut Asset Tokenization Platform, Crypto Custody Services
Brazilian Bank Itaú to Debut Asset Tokenization Platform, Crypto Custody Services
July 14, 2022  |  Cryptocurrency

The largest private bank in Brazil, Itaú Unibanco, has announced plans to roll out a new asset tokenization platform, which will turn regular finance products...

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NFTs Are Now a Legal Way to Serve Documents in UK Courts 
NFTs Are Now a Legal Way to Serve Documents in UK Courts 
July 14, 2022  |  Legal

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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Today in the Connected Economy: Netflix Names Microsoft as Its Advertising Tech Partner
Today in the Connected Economy: Netflix Names Microsoft as Its Advertising Tech Partner
July 13, 2022  |  Connected Economy

Today in the connected economy, Netflix takes a step closer to its ad-supported version via a new partnership with Microsoft. Also, two major global regulators...

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UK Parliament Launches Inquiry Into Crypto
UK Parliament Launches Inquiry Into Crypto
July 13, 2022  |  Cryptocurrency

The U.K. Parliament’s Treasury Committee is conducting an inquiry into the role cryptocurrencies play in the United Kingdom, and is asking the public for input....

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Digital Dollar May Prevent Runs, but Banks Fear Lost Profits
Digital Dollar May Prevent Runs, but Banks Fear Lost Profits
July 13, 2022  |  CBDC

A new Treasury Department report argues that banks’ fears that a digital dollar would lead to the loss of depositors and even bank runs is...

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EMEA Daily: Staffing Shortage Leads London’s Heathrow to Limit Flights; Banque de France Enters Phase 2 of Wholesale CBDC Project
EMEA Daily: Staffing Shortage Leads London’s Heathrow to Limit Flights; Banque de France Enters Phase...
July 12, 2022  |  emea

In today’s top news from Europe, the Middle East and Africa (EMEA), staffing issues prompt London’s Heathrow Airport to limit passenger numbers, and Tradeteq launches a...

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Banque de France Enters Second Phase of Wholesale CBDC Project
Banque de France Enters Second Phase of Wholesale CBDC Project
July 12, 2022  |  CBDC

Banque de France (BDF) Governor François Villeroy de Galhau said the BDF has kicked off the second phase of experimentation into a wholesale central bank...

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Today in Crypto: Voyager Starts Chapter 11 Restructuring; Texas Bitcoin Miners Shut Down as Power Grid Nears Breaking Point
Today in Crypto: Voyager Starts Chapter 11 Restructuring; Texas Bitcoin Miners Shut Down as Power...
July 11, 2022  |  Cryptocurrency

Crypto exchange KuCoin is reportedly looking to hire 300 employees over the next few months, which runs contrary to the fears of a recession getting...

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