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

Coinbase Wallet Introduces Rewards Program for USDC Holders
Coinbase Wallet Introduces Rewards Program for USDC Holders
November 20, 2024  |  Cryptocurrency

Coinbase Wallet has begun letting users of its USDC stablecoin earn rewards. USDC Rewards, announced Wednesday (Nov. 20), lets Coinbase Wallet users earn 4.7% APY...

READ MORE >
Bitcoin Reaches Record High Near $95K Amid Trump Interest in Crypto
Bitcoin Reaches Record High Near $95K Amid Trump Interest in Crypto
November 20, 2024  |  Bitcoin

Bitcoin and the global cryptocurrency market reportedly hit record highs Wednesday (Nov. 20). Bitcoin hit a record high of $94,982.37 before dipping to $93,709, a...

READ MORE >
Citi Sees Blockchain at Center of Borderless Commerce Initiative
Citi Sees Blockchain at Center of Borderless Commerce Initiative
November 20, 2024  |  Blockchain

If the payments landscape had a holy grail, it would be seamless cross-border payments. Unlike domestic payments, which are shifting toward a real-time, 24/7 model,...

READ MORE >
Binance Debuts Crypto Service for Wealth Managers
Binance Debuts Crypto Service for Wealth Managers
October 29, 2024  |  Cryptocurrency

Binance says it has become the first crypto exchange to offer a wealth management solution. Binance Wealth, announced Tuesday (Oct. 29), lets wealth managers oversee...

READ MORE >
Bank of England Prepares for CBDC if Commercial Banks Fail to Innovate
Bank of England Prepares for CBDC if Commercial Banks Fail to Innovate
October 28, 2024  |  CBDC

If commercial banks don’t provide retail payments innovation, central banks should be prepared to offer a retail central bank digital currency (CBDC), Bank of England...

READ MORE >
Bank of England: Digital Currency Won’t Supplant Cash in UK
Bank of England: Digital Currency Won’t Supplant Cash in UK
October 27, 2024  |  CBDC

If the U.K. adopts a digital currency, citizens shouldn’t expect cash and coins to disappear. That’s according to Bank of England Governor Andrew Bailey, who...

READ MORE >
PayPal Pays EY With In-House Stablecoin to Show ‘Well-Suited’ Enterprise Capabilities
PayPal Pays EY With In-House Stablecoin to Show ‘Well-Suited’ Enterprise Capabilities
October 03, 2024  |  Cryptocurrency

PayPal has reportedly completed its first business payment with its in-house stablecoin. This was done to show how digital currencies could be used to improve upon...

READ MORE >
Yellen: 2023 Bank Runs Highlight Need for ‘Thoughtful Regulation’
Yellen: 2023 Bank Runs Highlight Need for ‘Thoughtful Regulation’
September 26, 2024  |  Regulation

Treasury Secretary Janet Yellen said Thursday (Sept. 26) that it takes continuous work to build and maintain a resilient financial system. In remarks prepared for...

READ MORE >
Stablecoins, Tokenization and Caroline Ellison Headline This Week in Web3
Stablecoins, Tokenization and Caroline Ellison Headline This Week in Web3
September 25, 2024  |  Blockchain

Cryptocurrency’s wild ride isn’t over yet. Regulators are closing in, and innovation is speeding up. It’s safe to say that the blockchain landscape remains a...

READ MORE >