What is Digital Currency?
All electronic payment products including cryptocurrencies stand as digital currency types together with virtual currencies and Central Bank Digital Currencies like the Digital Rupee (e₹) which enable fast transactions while often keeping transactions anonymous. Key Concepts: Digital Currency: All digital money originates from electronic transactions that operate through digital management systems to complete transactions. Cryptocurrency: Digital currency functions with cryptography to protect transactions through decentralization of its network and Bitcoin serves as an example.
The Digital Rupee (e₹) in India emerges from the central bank of the country as a digital representation of its official currency.
Tariffs News Latest Updates (April 8): China firmly rejected what it called “blackmail” from the United States as the global trade conflict, sparked by sweeping tariffs from US President Donald Trump, showed no signs of easing on Tuesday—even as shaken stock markets began to stabilise. The strong response followed Trump’s announcement of an additional 50% tariff on imports from China, set to take effect Wednesday. This move came after Beijing responded to Trump’s earlier 34% tariffs with its own matching duties. “The US move to escalate tariffs is a blunder layered upon a blunder, once again revealing its coercive tactics,”.
Digital currencies are forms of money that exist only in electronic form. Unlike physical cash (like coins or banknotes), digital currencies are stored and transacted electronically using “Transacted electronically through smart devices. computers, smartphones, or other digital devices.
Here’s a breakdown of what that means:
All electronic payment products including cryptocurrencies stand as digital currency types together with virtual currencies and Central Bank Digital Currencies like the Digital Rupee (e₹) which enable fast transactions while often keeping transactions anonymous.
All digital money originates from electronic transactions that operate through digital management systems to complete transactions.
Digital currency functions with cryptography to protect transactions through decentralization of its network and Bitcoin serves as an exaYmple.
