Virtual currency 21, 2014 to customize the rules. The proposal, per NY DFS press release "… sought to strike an appropriate balance that helps protect consumers and root out illegal activity". It has been criticized by smaller companies to favor established institutions, and Chinese bitcoin exchanges have complained that the rules are "overly broad in its application outside the United States". Virtual currency Virtual currency, or virtual money, is a type of unregulated, digital money, which is issued and usually controlled by its developers and used and accepted among the members of a specific virtual community. The U.S. Commodity Futures Trading Commission
Digital civics Digital civics Digital civics refers a range of ethical and responsible civic behaviours, citizenship, or democratic engagement in the digital realm. The term itself is still establishing currency. Digital civics has arisen from concerns regarding the challenges faced by individuals and society in the digital age. As science and technology have advanced, so too has human understanding of their place in the world. This has altered the way people interact with one another and the broader context in which they exist. Digital civics respond to these challenges by formulating a robust foundation upon which initiatives into digital citizenship and digital