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

More Central Banks Will Build New Clearing Houses for Real-Time Payments

More Central Banks Will Build New Clearing Houses for Real-Time Payments
More Central Banks Will Build New Clearing Houses for Real-Time Payments
December 10, 2021  |  Payment Methods

The pandemic has accelerated the growth of real-time payments (RTP), with banks, merchants and consumers seeking ways to send and receive funds domestically as well...

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China Pilots Connection Between Digital Yuan and Hong Kong Fast Payment System
China Pilots Connection Between Digital Yuan and Hong Kong Fast Payment System
December 09, 2021  |  CBDC

China is now working on connecting its nearly finished central bank digital currency (CBDC) to Hong Kong’s Fast Payment System. Get the Full Story Complete...

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Scenes From the Five-Hour Congressional Hearing on Crypto
Scenes From the Five-Hour Congressional Hearing on Crypto
December 09, 2021  |  Cryptocurrency

When the House Financial Services Committee asked six top crypto executives to discuss the risks and benefits that cryptocurrencies bring, they likely didn’t expect the...

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Meta’s WhatsApp Launches Payments Pilot With Novi Crypto Wallet
Meta’s WhatsApp Launches Payments Pilot With Novi Crypto Wallet
December 09, 2021  |  Cryptocurrency

WhatsApp is launching a new pilot powered by Novi, Meta’s digital wallet, allowing some people in the U.S. to send and receive money from within...

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Hill Hearing Spotlights Divide, and Competition, Between CBDCs and Stablecoins
Hill Hearing Spotlights Divide, and Competition, Between CBDCs and Stablecoins
December 09, 2021  |  Cryptocurrency

In crypto-land, a few stark divisions are taking shape: between cryptos like bitcoin, stablecoins and central bank digital currencies (CBDCs). Get the Full Story Complete...

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Australia Announces Regulatory Reform to Take Crypto ‘Out of the Shadows’
Australia Announces Regulatory Reform to Take Crypto ‘Out of the Shadows’
December 08, 2021  |  Regulation

Australia is set to announce plans for far-reaching reforms of its payments system’s regulation on Wednesday (Dec. 8), including the creation of a “considered regulatory...

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Cyber Risks Pose Challenge to CBDC Rollout in India; Digital Payments Growing at Record Highs
Cyber Risks Pose Challenge to CBDC Rollout in India; Digital Payments Growing at Record Highs
December 08, 2021  |  CBDC

Cybersecurity and the risk of cyber fraud pose challenges to the successful rollout of a central bank digital currency (CBDC), Reserve Bank of India (RBI)...

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Nyca’s Tom Brown: US Banks, Regulators Aren’t Ready for Upheaval of Crypto-Powered Real-Time Payments
Nyca’s Tom Brown: US Banks, Regulators Aren’t Ready for Upheaval of Crypto-Powered Real-Time Payments
December 07, 2021  |  Cryptocurrency

If you’ve been following the regulation of cryptocurrency and the FinTech companies that use it, you probably won’t be surprised to learn that a lawyer...

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Bitcoin Daily: Zimbabwe Central Bank Eyes CBDC; Visa Fast Track Welcomes Embily Bitcoin Card
Bitcoin Daily: Zimbabwe Central Bank Eyes CBDC; Visa Fast Track Welcomes Embily Bitcoin Card
December 06, 2021  |  Bitcoin

The central bank in Zimbabwe will be looking into a digital currency as opposed to letting cryptocurrencies become legal tender, Bloomberg said Monday (Dec. 6)....

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