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

Japan to Propose Limiting Stablecoin Issuance

Japan to Propose Limiting Stablecoin Issuance
Japan to Propose Limiting Stablecoin Issuance
December 06, 2021  |  Cryptocurrency

Japan’s Financial Services Agency (FSA) will propose legislation in 2022 to make it so only banks and wire transfer companies can issue stablecoins, a Tuesday...

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73% of FIs That Offer Cryptocurrency Plan to Add More
73% of FIs That Offer Cryptocurrency Plan to Add More
December 06, 2021  |  Cryptocurrency

Despite the availability of new payment options, many financial institutions (FIs) lag the marketplace interest in cross-border payments innovations, especially when it comes to providing...

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Central Bank of Bahrain to Offer Digital Payments Platform
Central Bank of Bahrain to Offer Digital Payments Platform
December 05, 2021  |  Digital Payments

The Central Bank of Bahrain is likely the next to offer a digital currency, Reuters writes. Get the Full Story Complete the form to unlock...

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Bitcoin Prices Hoover Below $50K as Crypto Market Stays Shaky
Bitcoin Prices Hoover Below $50K as Crypto Market Stays Shaky
December 05, 2021  |  Bitcoin

Bitcoin and other cryptocurrency prices continued seesawing on Sunday (Dec. 5), with overall values near all-time lows and the world’s most popular eCurrency — bitcoin...

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Marriott Teams With Artists To Debut NFTs
Marriott Teams With Artists To Debut NFTs
December 05, 2021  |  Blockchain

Marriott Bonvoy, the travel program from the popular hotel chain, has worked with digital artists to make a set of NFTs, a press release says....

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Treasury Secretary Yellen Says She Hasn’t Decided on Digital Dollar Creation
Treasury Secretary Yellen Says She Hasn’t Decided on Digital Dollar Creation
December 02, 2021  |  Cryptocurrency

Treasury Secretary Janet Yellen says she doesn’t know whether or not the Federal Reserve should make a digital version of the dollar, Reuters reported Thursday...

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To Fight Crypto Competitors, More Central Banks Eye Digital Currencies of Their Own
To Fight Crypto Competitors, More Central Banks Eye Digital Currencies of Their Own
December 01, 2021  |  CBDC

A battle seems to be brewing within the crypto arena – one that pits central banks against the bitcoins (and the other cryptocurrencies) of the...

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Powell, Yellen Clash Over Stablecoin Regulation at Senate Hearing
Powell, Yellen Clash Over Stablecoin Regulation at Senate Hearing
December 01, 2021  |  Regulation

Sitting next to Treasury Secretary Janet Yellen in a Senate hearing on Tuesday (Nov. 30), Federal Reserve Chairman Jerome Powell challenged her on stablecoin regulation,...

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David Marcus Departs Facebook, Along With the Last Remnant of Libra’s Battered Brand
David Marcus Departs Facebook, Along With the Last Remnant of Libra’s Battered Brand
December 01, 2021  |  Facebook

The announcement that David Marcus is leaving the company formerly known as Facebook marks the departure of the last name associated with its Libra stablecoin...

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