Ad
related to: what is digital money- Buy Bitcoin In Minutes
The Safe Place to Buy Crypto
Sign Up Free with Coinbase
- Sign Up Free
Sign Up in Minutes
Buy, Sell, & Manage Crypto
- Buy Bitcoin In Minutes
Search results
Results from the WOW.Com Content Network
Digital currency is a term that refers to a specific type of electronic currency with specific properties. Digital currency is also a term used to include the meta-group of sub-types of digital currency, the specific meaning can only be determined within the specific legal or contextual case.
A central bank digital currency (CBDC; also called digital fiat currency [1] or digital base money [2]) is a digital currency issued by a central bank, [3] rather than by a commercial bank. It is also a liability of the central bank and denominated in the sovereign currency, [4] as is the case with physical banknotes and coins.
Virtual currency, or virtual money, is a digital currency that is largely unregulated, issued and usually controlled by its developers, and used and accepted electronically among the members of a specific virtual community. [1]
With Bitcoin climbing over $100,000, both investors and government officials are taking a closer look at digital money. The problem is that there's a huge difference between an independent ...
Central banks have four good reasons to adopt digital currency: financial stability, identity management, inclusion and consumer protection.
Digital currency will help the US dollar maintain its power and underpin a new infrastructure for transactions and exchanges, Circle CEO and co-founder Jeremy Allaire told Yahoo Finance at the ...
Digital renminbi (Chinese: 数字人民币; also abbreviated as digital RMB and e-CNY), [1] or Digital Currency Electronic Payment (DCEP, Chinese: 数字货币电子支付; pinyin: Shùzì huòbì diànzǐ zhīfù), is a central bank digital currency issued by China's central bank, the People's Bank of China. [2]
Since 2014, China's central bank has been working on a project called DCEP (Digital Currency Electronic Payment) or digital renminbi, [8] often also referred to as the "digital yuan" as it would be backed by the yuan. [9] At the end of 2017, the China's central bank organized a number of banks and institutions to jointly develop the DCEP system.
Ad
related to: what is digital money