Virtual currencies are digital, lack physical form, and differ from digital currencies that can be cashed out. Virtual currencies like Bitcoin are decentralized and not backed by a central authority, ...

As digital technology continues to evolve, the financial industry is undergoing a transformative shift with the rise of virtual currency. With its ability to streamline transactions, reduce costs, and ...

Amazon is excited about its virtual currency coming in May. But CNET News' Stephen Shankland is concerned about sacrificing the flexibility of real-world money and other potential pitfalls. Stephen ...

State law regulates the licensing and activities of VCBs. Although regulation by each state varies, agencies are working to make the licensing requirements across states more uniform. This article ...

Every industry naturally wants to stay where it is most welcomed, and being welcomed means having clear regulations. In Asia, Singapore took the lead by issuing licenses to virtual currency businesses ...