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

House Committee Voices Concerns Over Stablecoin’s Effect on Dollar

House Committee Voices Concerns Over Stablecoin’s Effect on Dollar
House Committee Voices Concerns Over Stablecoin’s Effect on Dollar
February 08, 2022  |  Cryptocurrency

Today’s stablecoin hearing in front of the House Financial Services Committee wasn’t about stablecoins, per se, but rather the administration’s recent report on how to...

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China’s X-Border CBDC Ambitions Will Bring Digital Yuan to Broader Global Stage
China’s X-Border CBDC Ambitions Will Bring Digital Yuan to Broader Global Stage
February 08, 2022  |  CBDC

Beyond retail, beyond the confines of its own borders, China is eyeing bringing its central bank digital currency (CBDC) to a broader world stage. Get...

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EMEA Daily: Meta to Face Strict Online Rules in UK; PriceRunner Hauls Google to Swedish Court Seeking $2.4B in Damages
EMEA Daily: Meta to Face Strict Online Rules in UK; PriceRunner Hauls Google to Swedish...
February 07, 2022  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, if Meta thinks it can avoid tough new rules in the U.K., the social media...

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Digital Dollar’s Power Problem: What Happens When the Lights Go Out?
Digital Dollar’s Power Problem: What Happens When the Lights Go Out?
February 07, 2022  |  CBDC

One of the big promises of central bank digital currencies (CBDCs) is that they are usable anywhere paper currencies are accepted. That is to say,...

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A CBDC in the US Will Take Years, but Some Benefits May Come Earlier 
A CBDC in the US Will Take Years, but Some Benefits May Come Earlier 
February 07, 2022  |  CBDC

Anyone hoping the Federal Reserve Board would shed light on the future of the digital dollar in its highly anticipated white paper in January was...

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Bank of England Takes the Slow Lane for CBDCs, and It is Not the Only One 
Bank of England Takes the Slow Lane for CBDCs, and It is Not the Only...
February 07, 2022  |  CBDC

The Bank of England, like many other central banks around the world, is still weighing the pros and cons of issuing a central bank digital...

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US Treasury Eyes NFTs as Prime Target of Money Launderers
US Treasury Eyes NFTs as Prime Target of Money Launderers
February 06, 2022  |  NFTs

The U.S. Treasury is looking into the potential for nonfungible tokens, (NFTs) to be used in financial crimes. Get the Full Story Complete the form...

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This Week in CBDC: Boston Fed Finds Blockchain Bottlenecks in CBDC Design as China’s Digital Yuan Goes for Gold
This Week in CBDC: Boston Fed Finds Blockchain Bottlenecks in CBDC Design as China’s Digital...
February 06, 2022  |  CBDC

There were more than a few interesting things that came out of the report this week on the results of the experiments the Boston Fed...

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Sen. Toomey: China’s Digital Yuan Could Open Doors for U.S. Crypto Space
Sen. Toomey: China’s Digital Yuan Could Open Doors for U.S. Crypto Space
February 06, 2022  |  CBDC

Senator Pat Toomey, who is a top member of the Senate Banking Committee, has said China’s digital yuan could open a door for the U.S....

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