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

Ukraine Caps Cash Withdrawals, Suspends Use of Digital Wallets

Ukraine Caps Cash Withdrawals, Suspends Use of Digital Wallets
Ukraine Caps Cash Withdrawals, Suspends Use of Digital Wallets
February 24, 2022  |  Cross-border Payments

Following the declaration of martial law in Ukraine, the central bank suspended the country’s currency markets, stopped the circulation of all securities, limited cash withdrawals...

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Circle Intros Digital Assets Portal for Businesses
Circle Intros Digital Assets Portal for Businesses
February 23, 2022  |  Cryptocurrency

USD Coin issuer Circle Internet Financial, LLC has launched the Circle Account, allowing business customers to deposit, withdraw, send, receive, store and allocate funds to...

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IMF Warns Nigeria’s CBDC Poses Money Laundering Risks
IMF Warns Nigeria’s CBDC Poses Money Laundering Risks
February 23, 2022  |  Cryptocurrency

The organization founded to foster monetary cooperation worldwide has warned Nigeria that its central bank digital currency (CBDC) is a money laundering risk. Get the...

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PYMNTS Crypto Basics Series: How to Lose Your Crypto Without Being Hacked
PYMNTS Crypto Basics Series: How to Lose Your Crypto Without Being Hacked
February 21, 2022  |  Cryptocurrency

Bitcoin, blockchain and cryptocurrency are words that most people have at least heard of since the industry exploded into the mainstream public consciousness in 2021....

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Crypto Enthusiasts Want to Raise $4B to Buy Denver Broncos
Crypto Enthusiasts Want to Raise $4B to Buy Denver Broncos
February 20, 2022  |  Cryptocurrency

A group of crypto enthusiasts is looking at raising over $4 billion from a decentralized autonomous organization to buy the Denver Broncos, CNBC writes. Get...

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Ethereum Founder Explains ‘Crypto Winter’ Upside
Ethereum Founder Explains ‘Crypto Winter’ Upside
February 20, 2022  |  Cryptocurrency

Ethereum founder Vitalik Buterin said the digital asset universe could see some benefits from the falling coin prices, Bloomberg writes. Get the Full Story Complete...

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CBDC Weekly: China’s Digital Yuan Wrapping Up its Olympic Test Run
CBDC Weekly: China’s Digital Yuan Wrapping Up its Olympic Test Run
February 18, 2022  |  CBDC

The quest for a digital dollar plodded along this week, with the Boston Fed and Massachusetts Institute of Technology’s (MIT) Digital Currency Initiative announcing results...

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Payments Execs Say Fed Has Yet to Make Compelling Case for CBDC
Payments Execs Say Fed Has Yet to Make Compelling Case for CBDC
February 18, 2022  |  CBDC

Would a central bank digital currency (CBDC) issued by the Federal Reserve Bank be a solution in search of a problem? Get the Full Story...

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