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

Nigeria Aims for 8M eNaira Users as Crypto Adoption Grows

Nigeria Aims for 8M eNaira Users as Crypto Adoption Grows
Nigeria Aims for 8M eNaira Users as Crypto Adoption Grows
August 18, 2022  |  Cryptocurrency

Since launching its digital currency last October, Nigeria has seen 840,000 people use the eNaira, and the country is now looking to get that number...

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UK Cross-Industry Consortium to Focus on Future of Digital Currencies
UK Cross-Industry Consortium to Focus on Future of Digital Currencies
August 17, 2022  |  Digital Payments

A new cross-industry group called the Digital Financial Market Infrastructure (DFMI) Consortium has launched in the U.K. to focus on consulting and experimenting with alternative...

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Another Hack, Another Collapse as Stablecoin Woes Follow Familiar Pattern
Another Hack, Another Collapse as Stablecoin Woes Follow Familiar Pattern
August 15, 2022  |  Cryptocurrency

Another unbacked stablecoin collapsed this weekend, this time after a hacker was able to mint a staggering $1.28 billion worth of the dollar-pegged token. Get...

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Savvy Retailers Demand Sophisticated Answers to Evolving Crypto Questions
Savvy Retailers Demand Sophisticated Answers to Evolving Crypto Questions
August 15, 2022  |  Cryptocurrency

Welcome to “The Merchants Guide to Accepting Crypto: The Questions to Ask,” a new PYMNTS series aimed at helping merchants big and small, online and...

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Zimbabwe Has ‘Roadmap’ to CBDC, Says Central Bank Governor
Zimbabwe Has ‘Roadmap’ to CBDC, Says Central Bank Governor
August 14, 2022  |  CBDC

Zimbabwe central bank governor John Mangudya has said there’s a “roadmap” to adopt a CBDC, a consultation paper from the bank said. Get the Full...

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Brazilian Crypto Platform BlueBenx Suspends Withdrawals, Reports $31M Hack
Brazilian Crypto Platform BlueBenx Suspends Withdrawals, Reports $31M Hack
August 14, 2022  |  Cryptocurrency

Brazilian cryptocurrency investment platform BlueBenx has become the latest crypto company to suspend withdrawals, citing an alleged hack that cost the company over $31 million....

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Crypto-Related Crime Less Common, Easier to Track, Says Chainalysis
Crypto-Related Crime Less Common, Easier to Track, Says Chainalysis
August 11, 2022  |  Cryptocurrency

Last week, the number of unique cryptocurrency addresses passed the 1 billion mark. Get the Full Story Complete the form to unlock this article and...

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Crypto Regulation Weekly: Economist Argues Stablecoins Should Be Top of Agenda in US, Europe
Crypto Regulation Weekly: Economist Argues Stablecoins Should Be Top of Agenda in US, Europe
August 10, 2022  |  Cryptocurrency

There’s no area of crypto with a more pressing need for strong and clear regulations than stablecoins. Get the Full Story Complete the form to...

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