Digital currency destabilizing effect on the Chinese Yuan currency due to speculation. Recent interest in cryptocurrencies has prompted renewed interest in digital currencies, with bitcoin, introduced in 2008, becoming the most widely used and accepted digital currency. According to the European Central Bank's 2015 "Virtual currency schemes – a further analysis" report, virtual currency is a digital representation of value, not issued by a central bank, credit institution or e-money institution, which, in some circumstances, can be used as an alternative to money. In the previous report of October 2012, the virtual currency was defined as a type of unregulated, digital money,
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