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

China Nears Fully Cashless Economy

China Nears Fully Cashless Economy
China Nears Fully Cashless Economy
February 04, 2022  |  Digital Payments

China has taken two steps closer to a fully cashless economy after two small private Chinese banks announced last month that they would end services...

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Myanmar Planning Digital Currency to Aid Economy
Myanmar Planning Digital Currency to Aid Economy
February 04, 2022  |  Cryptocurrency

The military government of Myanmar is working on establishing a digital currency that would “support domestic payments and boost the economy” by the end of...

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Boston Fed, MIT Digital Dollar Test Casts Doubt on Blockchain as Processing Platform
Boston Fed, MIT Digital Dollar Test Casts Doubt on Blockchain as Processing Platform
February 03, 2022  |  CBDC

A digital dollar experiment by the Boston Fed and MIT was able to produce a functioning and fault-tolerant central bank digital currency (CBDC) design that...

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Bitcoin Well CFO on the Business Case for Crypto
Bitcoin Well CFO on the Business Case for Crypto
February 03, 2022  |  B2B Payments

Bitcoin provides a means to financial independence and is going to be around a long time, says Allen D. Stephen, finance chief at Bitcoin Well,...

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SEC Commissioner Peirce Says Proposed Rule on Exchanges Could Hurt Digital Currency
SEC Commissioner Peirce Says Proposed Rule on Exchanges Could Hurt Digital Currency
February 02, 2022  |  Cryptocurrency

Hester Peirce, the crypto-friendly commissioner on the U.S. Securities and Exchange Commission (SEC), is warning that a proposal from the agency would not only add...

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Today in Crypto: Intuit CEO to Traders: Beware of Bitcoin, NFT Tax Bill; Bitcoin Broker NYDIG Debuts Service to Pay Workers in Bitcoin; Crypto.com US App Users Can Get Early Direct Deposit; Amber Group Acquires Japanese Exchange DeCurret
Today in Crypto: Intuit CEO to Traders: Beware of Bitcoin, NFT Tax Bill; Bitcoin Broker...
February 01, 2022  |  Cryptocurrency

Amber Group, a crypto finance startup working in algorithmic trading and digital market making, has acquired DeCurret, a Japan-licensed crypto exchange operator. Get the Full...

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Jordan’s Central Bank Considering CBDC
Jordan’s Central Bank Considering CBDC
February 01, 2022  |  CBDC

Central Bank of Jordan Governor Adel Al Sharkas said recently the agency is considering whether to create its own central bank digital currency (CBDC) that...

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Crypto Coming to India with Digital Rupee, 30% Tax
Crypto Coming to India with Digital Rupee, 30% Tax
February 01, 2022  |  Cryptocurrency

In a budget speech on Tuesday (Feb. 1) India’s Finance Minister Nirmala Sitharaman announced that the transfer of digital assets would be allowed, with income...

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Today in Crypto: FTX Raises $400 Million; Meta Joins Crypto Open Patent Alliance; Coinbase Accepts Two Solana Ecosystem Tokens
Today in Crypto: FTX Raises $400 Million; Meta Joins Crypto Open Patent Alliance; Coinbase Accepts...
January 31, 2022  |  Cryptocurrency

Crypto exchange FTX has raised $400 million in a Series C round, giving it a $32 billion value – more than the Nasdaq exchange or...

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