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

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 
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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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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