Forbes contributors publish independent expert analyses and insights. I cover law, justice, money, finance and economics. Jan 19, 2021, 07:01pm EST Jan 19, 2021, 09:32pm EST This article is more than ...

Fiat is a centralized currency issued by a government, whereas cryptocurrency is a decentralized currency leveraging blockchain technology. Most modern currencies are described as fiat—issued by the ...

Foreign governments hold reserve currency in their central banks to help reduce the risk of exchange rate fluctuations. A reserve currency is also used to price commodities that all economies need, ...

Learn about currency substitution, its types, benefits, and potential risks, and why some countries use foreign currencies for extra stability and economic advantage.

A fight over banning a Central Bank Digital Currency (CBDC) nearly derailed the defense bill. Learn what a CBDC is and why it ...

Digital currencies, including cryptocurrencies, reduce transaction times and costs by eliminating intermediaries. Investing in cryptocurrencies offers high returns but includes risks like hacking and ...

Ben is a credit cards and luxury travel writer, an immigrant with three citizenships and a husband. He speaks English, Spanish and Italian, has a background in linguistics and languages, and travels ...

A currency ETF is an exchange-traded fund that holds various financial instruments designed to track the relative value of one or more foreign currencies. They’re used for hedging exposure to exchange ...

Constant currency reporting adjusts revenue and earnings to negate exchange rate effects. Many companies present constant currency data with GAAP results for clearer comparison. Understanding both ...