Definition ∞ A digital payment framework comprises the rules, technologies, and protocols that govern the electronic transfer of funds between parties. This framework supports various forms of digital transactions, from traditional bank transfers to cryptocurrency payments. It ensures secure and efficient value exchange in a digital economy.
Context ∞ In crypto news, discussions surrounding digital payment frameworks often involve central bank digital currencies, stablecoins, and decentralized payment networks. The evolution of these frameworks is a critical area, as governments and private entities compete to establish dominant digital payment rails. Regulatory debates frequently address how existing financial regulations apply to these novel digital payment systems.
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