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

Hill Hearing Spotlights Divide, and Competition, Between CBDCs and Stablecoins

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  |  Legal & 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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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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