digitalcurrency
Digital currency refers to money that exists only in digital form and is used for online transactions. It covers a broad range of instruments, from electronic money stored on devices and digital wallets to assets secured by cryptography. Digital currency can be issued by governments or private entities and may operate on centralized ledgers or distributed networks.
Major categories include cryptocurrencies, such as Bitcoin and Ethereum, which rely on decentralized networks and do
Use cases include consumer payments, remittances, and cross-border settlements, with the potential to offer faster processing,
Regulation and governance of digital currencies vary by jurisdiction but commonly involve anti-money laundering requirements, know-your-customer