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

Report: UK CBDC Will Need New Finance and Data Laws
Report: UK CBDC Will Need New Finance and Data Laws
May 22, 2023  |  CBDC

If the United Kingdom wants to launch a digital pound, it will need to update its finance and data laws. That’s according to a Monday...

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NY Fed Teams With Singapore on Multicurrency Cross-Border CBDC Project
NY Fed Teams With Singapore on Multicurrency Cross-Border CBDC Project
May 19, 2023  |  CBDC

Cross-border payments are a major railway for facilitating the functioning of the global economy. Yet they face significantly greater challenges including slower speeds, more restricted...

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Ripple Debuts Platform to Mint CBDCs and Stablecoins
Ripple Debuts Platform to Mint CBDCs and Stablecoins
May 18, 2023  |  CBDC

Ripple has launched a platform to capitalize on worldwide interest in central bank digital currencies. The Ripple CBD Platform is a “frictionless end-to-end” solution to...

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Samsung and Bank of Korea Collaborate on Offline CBDC
Samsung and Bank of Korea Collaborate on Offline CBDC
May 16, 2023  |  CBDC

Samsung is reportedly working with the Bank of Korea on a central bank digital currency (CBDC). The consumer tech firm has signed an agreement known as a memorandum...

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Zimbabwe Unveils Gold-Backed CBDC
Zimbabwe Unveils Gold-Backed CBDC
May 08, 2023  |  CBDC

Zimbabwe is debuting a gold-backed digital currency as it battles an inflation crisis. The country’s central bank says the tokens — set to launch Monday...

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OpenTrade to Launch Platform for Investing in Tokenized Financial Assets 
OpenTrade to Launch Platform for Investing in Tokenized Financial Assets 
May 05, 2023  |  Investments

OpenTrade has raised $1.5 million in a funding round for its platform for investing in tokenized financial assets. OpenTrade plans to launch its platform in...

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CBDC Skepticism in Europe Paves Path for Tokenized Deposits
CBDC Skepticism in Europe Paves Path for Tokenized Deposits
May 03, 2023  |  CBDC

A spate of bank runs and controversies over central bank digital currencies (CBDCs) may further pave the way for tokenized deposits. The issues surrounding CBDCs...

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Crypto May Be Down, but Some Consumers Aren’t Counting It Out
Crypto May Be Down, but Some Consumers Aren’t Counting It Out
April 17, 2023  |  Cryptocurrency

Credit unions may consider pausing but perhaps not completely foregoing cryptocurrency offerings as the sector emerges from recent scandals. FTX. Gemini. Binance. With now-household names...

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Stablecoin Bill Enters Congress as US Lawmakers Eye Currency’s Future
Stablecoin Bill Enters Congress as US Lawmakers Eye Currency’s Future
April 17, 2023  |  Regulation

The U.S. Congress is looking to bring stablecoins deeper into the regulatory fold. And potentially the broader global financial system. A new 73-page draft bill,...

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