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)

EU, MENA FIs Embrace, Bank on the Metaverse
EU, MENA FIs Embrace, Bank on the Metaverse
August 24, 2022  |  Metaverse

In the space of two years, the metaverse went from a tech industry buzzword to a widely discussed emerging reality. At the core of the...

READ MORE >
Binance Offering One Month of Fee-Free ETH/BUSD Trading
Binance Offering One Month of Fee-Free ETH/BUSD Trading
August 23, 2022  |  Cryptocurrency

Cryptocurrency trading platform Binance will begin offering a month of zero-fee trading for the ETH/BUSD spot trading pair, the company announced Tuesday (Aug. 23). According...

READ MORE >
Gensler Changes Tactics in Capitol Hill Crypto Fight
Gensler Changes Tactics in Capitol Hill Crypto Fight
August 22, 2022  |  Regulation

Securities and Exchange Commission (SEC) Chairman Gary Gensler is changing directions in the argument over whether or not cryptocurrencies are securities, signalling a change in...

READ MORE >
CFOs Face New Challenge to Tame FX Impact on Cross-Border Payments
CFOs Face New Challenge to Tame FX Impact on Cross-Border Payments
August 22, 2022  |  B2B Payments

There are close to 200 global fiat currencies, a veritable financial Tower of Babel. Add to that cryptocurrencies, and you have unprecedented FX complexity in...

READ MORE >
FTX Revenue Reportedly Grew 10x in 2021
FTX Revenue Reportedly Grew 10x in 2021
August 21, 2022  |  Cryptocurrency

With crypto surging, exchange FTX was reportedly able to rack up a billion dollars in revenue in 2021. Citing internal audited financials, CNBC reported Saturday...

READ MORE >
Mercado Libre’s New Crypto Raises More Questions Than Answers
Mercado Libre’s New Crypto Raises More Questions Than Answers
August 19, 2022  |  Cryptocurrency

The Mercado Coin announced Thursday (Aug. 18) by Latin American eCommerce giant Mercado Libre may be a digital currency issued on the Ethereum blockchain, but...

READ MORE >
Nigeria Aims for 8M eNaira Users as Crypto Adoption Grows
Nigeria Aims for 8M eNaira Users as Crypto Adoption Grows
August 18, 2022  |  Cryptocurrency

Since launching its digital currency last October, Nigeria has seen 840,000 people use the eNaira, and the country is now looking to get that number...

READ MORE >
UK Cross-Industry Consortium to Focus on Future of Digital Currencies
UK Cross-Industry Consortium to Focus on Future of Digital Currencies
August 17, 2022  |  Digital Payments

A new cross-industry group called the Digital Financial Market Infrastructure (DFMI) Consortium has launched in the U.K. to focus on consulting and experimenting with alternative...

READ MORE >
Another Hack, Another Collapse as Stablecoin Woes Follow Familiar Pattern
Another Hack, Another Collapse as Stablecoin Woes Follow Familiar Pattern
August 15, 2022  |  Cryptocurrency

Another unbacked stablecoin collapsed this weekend, this time after a hacker was able to mint a staggering $1.28 billion worth of the dollar-pegged token. The...

READ MORE >