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Digital currency or digital money is distinct from physical that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer-of-ownership. Both virtual currencies and cryptocurrencies are types of digital currencies, but the converse is incorrect. Like traditional money these currencies may be used to buy physical goods and services but could also be restricted to certain communities such as for example for use inside an on-line game or social network.

Digital currency or digital money is distinct from physical (such as banknotes and coins) that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer-of-ownership. Both virtual currencies and cryptocurrencies are types of digital currencies, but the converse is incorrect. Like traditional money these currencies may be used to buy physical goods and services but could also be restricted to certain communities such as for example for use inside an on-line game or social network.

Facebook launches new digital currency

The currency, called Libra, will bring blockchain-based payments to the mainstream. READ MORE: https://abcn.ws/2KSXAlY #ABCNews #Libra #Facebook ...

Digital Currency's Role in the Future of Central Banks

Nov.19 -- Eswar Prasad, senior fellow at Brookings Institute, discusses how central banks may incorporate digital currencies in the future. He speaks with ...

Christine Lagarde: 'Central Bank digital currency is coming alive'

Managing Director of the International Monetary Fund Christine Lagarde sits down with Myles Udland of Yahoo Finance to discuss digital currency and ...

Digital currencies: Implications for central banks

On April 17 from 2 to 3:30 pm at the Hutchins Center on Fiscal & Monetary Policy at Brookings, Eswar Prasad, Senior Fellow in the Global Economy at Brookings ...

China's to launch its own digital currency

The People's Bank of China could become the world's first central bank to introduce its own digital currency. It has applied for 74 patents involving digital ...

From Bitcoin to Central Bank Digital Currencies

In 2013 the price of Bitcoin surged to over $1100 causing central banks around the world to take notice. Four years later, the price of Bitcoin is twice as high as ...