Currency is a medium of exchange accepted and used globally in transactions for goods and services. It is a tangible form of the concept of money, and has evolved from bartering to modern-day paper ...

Convertible virtual currency is increasingly equated with the notion of real currency. Indeed, the increased acceptance of virtual currency as a payment method among retailers and consumers, the ...

Use left and right arrow keys to seek audio. The Norwegian Consumer Council has teamed up with nearly two dozen other consumer protection agencies to call for mass regulation of the billion-dollar ...

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 ...

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 ...

Virtual currencies are common forms of financial activity. A quarter into the 21st century, the average individual has become aware of (and often comfortable using) things like Apple Pay, digital ...

Attorney J. Dax Hansen is a partner at Perkins Coie LLP in Seattle. With contributions from his colleagues Andrew H. Grant and Kirk Soderquist, he has written an interesting legal perspective on the ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...