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

G-7 Calls for ‘Consistent and Comprehensive’ Crypto Regulation

G-7 Calls for ‘Consistent and Comprehensive’ Crypto Regulation
G-7 Calls for ‘Consistent and Comprehensive’ Crypto Regulation
May 19, 2022  |  Legal & Regulation

Financial leaders from the Group of Seven (G-7) have called for the Financial Stability Board to develop “consistent and comprehensive” cryptocurrency regulation, Reuters reported Thursday...

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Sam Bankman-Fried’s FTX Aims to Become the ‘Everything App’
Sam Bankman-Fried’s FTX Aims to Become the ‘Everything App’
May 19, 2022  |  Cryptocurrency

FTX, the second-largest cryptocurrency exchange, is looking to expand “across all asset classes” as it launches a stock trading feature that will accept payments in...

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CFTC’s Chair Signals More Crypto Enforcement and Oversight 
CFTC’s Chair Signals More Crypto Enforcement and Oversight 
May 19, 2022  |  Cryptocurrency

Rostin Behnam, Chairman of the Commodity Futures Trading Commission (CFTC), has participated in several events this week, reclaiming the position of his agency in the...

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US Senators to Release Long-Awaited Crypto Legislation Next Week 
US Senators to Release Long-Awaited Crypto Legislation Next Week 
May 19, 2022  |  Cryptocurrency

Senator Cynthia Lummis told an audience at an American Enterprise Institution forum on Tuesday that she is planning to release a long-sought crypto bill for...

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Crypto Exchanges May Be Required to Keep Client Funds Separate, Report Says
Crypto Exchanges May Be Required to Keep Client Funds Separate, Report Says
May 18, 2022  |  Cryptocurrency

The Biden administration will ask Congress to make it so crypto exchanges have to keep their customers’ money separate from their own corporate funds, CoinDesk...

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Crypto Regulation on Agenda of Meeting of G-7 Finance Heads
Crypto Regulation on Agenda of Meeting of G-7 Finance Heads
May 17, 2022  |  Legal & Regulation

Crypto asset regulation will be a topic of talk among the Group of Seven, according to French central bank head Francois Villeroy de Galhau, Reuters...

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Today in Data: Regulators Cheer CBDC, Jeer Stablecoins
Today in Data: Regulators Cheer CBDC, Jeer Stablecoins
May 17, 2022  |  Today In Data

After a volatile week for cryptocurrencies and stablecoins, EU regulators renewed their call for a digital euro, which could arrive in four years. Get the...

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Tether Drops 9% in $7B Investor Selloff 
Tether Drops 9% in $7B Investor Selloff 
May 17, 2022  |  Cryptocurrency

The world’s biggest stablecoin, Tether, dropped an estimated 9% in value since May 12 and lost more than $7 billion as investors pulled out amid...

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