Digital Currency Definition
Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. "We also call on all companies dealing with cryptocurrency - we need you to root out cryptocurrency abuses. To those who do not, we will hold you accountable where we can." "We are issuing a clear warning to criminals who use cryptocurrency to fuel their schemes," Monaco said. These forecasts are provided to Governing Council in preparation for monetary policy decisions. The centralised form of digital money is what we know today as an institution of ‘e-money’. Pushed by technology advances, the centralised digital currency will, in the imminent future, become the main tool for national banks, as the central bank digital currency starts emerging. Those can be stored on a decentralised and distributed online ledger using blockchain technology. A well-known form of digital cash are unregulated, private cryptocurrencies like Bitcoin. Other forms o...