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 ...

BEIJING, Nov. 29 (Xinhua) -- The People's Bank of China, China's central bank, stated that the country will maintain prohibitive policies regarding virtual currency trading and will continue to crack ...