2025-7-29 16:55 |
A stablecoin pegged to the local fiat currency removes the need for currency conversions, offering a far more accessible solution for daily transactions. origin »
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In a rare move, a Shanghai regulator just held a meeting on stablecoins and digital currencies. Is China warming up to crypto? Shanghai Regulator Discussed Crypto In A Meeting Shanghai State-owned Assets Supervision and Administration Commission (SASAC) held a meeting on Thursday with local government officials to discuss stablecoin and digital currency policy, as reported […]
2025-7-12 07:00 | |
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Biggest exchange in South Korea is planning to launch its own stablecoin, backed by local currency.
2025-7-1 17:49 | |
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Key Takeaways: Shopify enables USDC payments via Base blockchain, making it possible for crypto wallets for checkout with Shopify Payments and Shop Pay. Merchants receive payouts in local currency by The post Shopify Unlocks USDC Payments via Base—$1 Trillion Stablecoin Surge Hits Mainstream Checkout appeared first on CryptoNinjas.
2025-6-18 09:05 | |
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Bitcoin surged past previous records in local currency terms
2025-5-21 18:48 | |
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MEXC, a global leader in cryptocurrency trading platforms, has launched euro (EUR) support for its Over-the-Counter (OTC) trading service. This strategic expansion enhances cryptocurrency accessibility for European users by streamlining the process of purchasing with their local fiat currency.
2025-1-6 13:54 | |
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SpacePay’s Android payment app lets merchants accept cryptocurrency while getting paid in their local currency. Customers pay with crypto, and merchants receive traditional money—all without risk.
2024-12-4 22:30 | |
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Crypto prices crashed hard in South Korea as the local currency plunged to a record low. Bitcoin (BTC) price dropped to 88,197,000 KRW, its lowest level since October 5, before rebounding to 132,000,000 KRW. The cryptocurrency was down by almost…
2024-12-4 19:15 | |
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India has the potential to facilitate efficient cross-border payments using Central Bank Digital Currency according to the Reserve Bank of India governor Shaktikanta Das. According to a local report, during his keynote address at the conference on Central Banking at…
2024-10-14 14:23 | |
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The People’s Bank of China (PBOC) reported a significant growth in the adoption of its central bank digital currency (CBDC), the digital yuan, with 180 million individual wallets opened as of July 31, local media reported on Oct.
2024-10-12 23:00 | |
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Brazil’s stablecoin market is experiencing explosive growth, significantly outpacing Bitcoin in transaction volume on local exchanges. This surge reflects an increasing preference for stablecoins in B2B cross-border payments, driven by the need for stable US dollar exposure amid local currency fluctuations.
2024-10-10 22:56 | |
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Circle, the issuer of the USDC stablecoin, has broadened its payment functionalities to Brazil and Mexico, enabling transactions directly in local currencies—Brazilian reais and Mexican pesos. This move, announced on September 17, aims to streamline transactions by eliminating the need for currency conversion to US dollars, thus enhancing the flexibility and accessibility of USDC for […]
2024-9-18 21:08 | |
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NDB now working towards expanding the use of local currencies to "de-dollarize" Bitcoin could be the next big reserve currency 120 foreign countries attended the International Municipal ForuThe post Could Bitcoin be the answer to BRICS countries' de-dollarization efforts? appeared first on AMBCrypto.
2024-9-4 20:30 | |
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The Bahamas’ central bank has indicated its intention to force all local banks to accept the country’s digital currency as its popularity slides. The Central Bank of The Bahamas plans to mandate all local banks to adopt the country’s central…
2024-7-2 16:21 | |
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India’s digital currency, known as the e-rupee, is experiencing a sharp decline in activity after local banks ceased artificially inflating its metrics. India‘s central bank digital currency (CBDC) appears to be losing momentum, dropping sharply to a fraction of its…
2024-6-25 14:47 | |
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Authorities in Hong Kong have flagged a surge in counterfeit banknotes brought into circulation via cryptocurrency scams. According to a local report, the Hong Kong police seized 3,396 fake notes between January and April 2024. The counterfeits amounted to a…
2024-6-3 14:36 | |
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Cross-border QR code payments via Cambodia’s digital currency are poised to boost the use of the riel, according to central bank governor Chea Serey. The National Bank of Cambodia‘s new digital currency, Bakong, is poised to significantly boost the use…
2024-5-28 12:49 | |
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China’s central bank digital currency is now available in Hong Kong, as Beijing is pushing hard to digitize its economy. China has started its first pilot outside the mainland, with digital yuan now available in Hong Kong‘s local shops, according…
2024-5-18 14:26 | |
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Nigeria’s once-tepid stance on cryptocurrency has taken a sharp turn towards prohibition. The Nigerian government, citing concerns over Naira manipulation, is proposing a ban on P2P (Peer-to-Peer) trading platforms that utilize the local currency.
2024-5-8 17:00 | |
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In a significant regulatory shift, Nigeria has announced plans to prohibit person-to-person (P2P) cryptocurrency trading in the Nigerian naira, aiming to safeguard its local currency from further depreciation and market manipulation.
2024-5-7 12:55 | |
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Binance Japan confirmed plans to list the SHIB/JPY on the spot market by 30 April. Consequently, the trading platform opened the new pair for trading on Tuesday, allowing Japanese crypto enthusiasts to trade Shiba Inu (SHIB) against their local currency.
2024-5-1 19:01 | |
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Crypto exchange Binance said it would discontinue all services associated with the Nigerian local fiat currency, Naira (NGN), in a phased approach this week, according to a Mar. 5 statement. The Richard Teng-led crypto platform stated that its Nigerian users would not enjoy several NGN-related services, including deposits, withdrawals, conversions, spot trading, P2P, Auto-invest, and […] The post Binance ends Nigerian Naira services amid government crackdown appeared first on CryptoSlate.
2024-3-5 16:50 | |
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Chinese media are repeating concerns about the use of cryptocurrencies to facilitate corruption. Local media published a report entitled “Virtual Currency Electronic Gift Cards Open New Channels for Corruption Crimes and Benefit Transfer.
2024-1-2 12:34 | |
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The Hong Kong branch of the international HSBC bank is set to continue to work with the authorities on initiatives such as digital currencies for cross-border payments. HSBC Hong Kong is accelerating its work with local authorities on the implementation…
2024-1-2 12:24 | |
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Argentina's new President, Javier Milei, has announced a 50% devaluation of the Argentine peso in response to an economic crisis, causing Bitcoin prices in the country to reach an all-time high. The post Argentina Devalues Currency as Local Bitcoin Price Hits ATH appeared first on BeInCrypto.
2023-12-13 08:41 | |
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The Bank of Korea (BOK) has unveiled plans for a pilot program to test its new central bank digital currency (CBDC), according to local media reports. The program will be conducted in collaboration with the Financial Services Commission (FSC) and the Financial Supervisory Service (FSS) and is expected to launch in 2024.
2023-11-25 05:00 | |
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The Reserve Bank of Zimbabwe has announced that citizens can use its gold-backed digital token, ZiG, for payments, with the token facing lower tax than foreign currency. The post Zimbabwe’s Gold-Backed Digital Token Now Accepted for Local Transactions appeared first on BeInCrypto.
2023-10-11 03:30 | |
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The development of a central bank digital currency by the European Central Bank faces pushback from European lawmakers.
2023-10-6 20:31 | |
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To make CBDCs successful, global and local financial institutions need to invest in digital currency education, analyze various use cases, and create their digital currency strategy.
2023-9-11 18:24 | |
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Anatoly Aksakov, the chairman of Russia’s Financial Market Committee in the State Duma, suggested that the Digital Ruble, a central bank digital currency (CBDC), could potentially render traditional banks redundant, as local media outlet Ria reported on Sept 5.
2023-9-6 15:55 | |
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Barely months after the collapse of Three Arrows Capital (3AC), founders Kyle Davies and Su Zhu’s new digital currency exchange OPNX have run into trouble with Dubai’s regulator. In a public disclosure, the Dubai Virtual Assets Regulatory Authority (VARA) confirmed that it had placed fines on OPNX and its founders over violations of local rules. […]
2023-8-22 21:19 | |
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Russian President Vladimir Putin signed a law introducing a central bank digital currency (CBDC), the Digital Ruble, and creating an electronic platform for its use, local media Tass reported on July 24, citing official documents.
2023-7-25 22:31 | |
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Recent efforts from Zimbabwe’s reserve bank to bolster its local currency signal the return of rampant inflation and the need for Bitcoin.
2023-7-12 15:00 | |
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2023-5-15 22:57 | |
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The Zimbabwe dollar has been depreciating against the US dollar. The country has been struggling with inflation for more than a decade now. The Reserve Bank of Zimbabwe (RBZ) has announced plans to launch a gold-backed digital currency.
2023-4-24 17:28 | |
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Zimbabwe's central bank is launching a gold-backed digital currency to keep the local currency from depreciating further against the USD. The African country has been struggling with currency vThe post Zimbabwe’s central bank to issue gold-backed digital currency appeared first on AMBCrypto.
2023-4-24 11:30 | |
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The Reserve Bank of Zimbabwe plans to introduce a gold-backed digital currency as legal tender in a bid to stabilize its local currency.
2023-4-24 20:54 | |
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BNB, the native currency of the Binance ecosystem, remains under pressure as regulators continue questioning the exchange’s operations and compliance with local laws. BNB Falls 10% From March 2023 High After rising nearly 60% from December to March 2023, reaching as high as $345, BNB is down roughly 10% in the last trading day.
2023-4-6 18:00 | |
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Crypto exchange Binance has announced that its users in Argentina can now convert the local currency directly into crypto assets. This move marks the latest expansion of the exchange's offering in South America, a continent that has so far proven to be very receptive to cryptocurrencies.
2023-4-5 11:26 | |
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Huobi and KuCoin are reportedly allowing customers of sanctioned Russian banks to access their trading platforms. Binance was also allowing Russians to convert local currency to crypto without The post Exchanges using USDT to trade in Russia despite sanctions: Report appeared first on AMBCrypto.
2023-2-26 16:00 | |
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The price of one Bitcoin (BTC) in Nigeria has skyrocketed to the equivalent of $38,000 in the local currency, the naira.
2023-1-30 07:33 | |
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As the adoption of digital assets continues to grow widely, entities are following suit while aiming to use digital assets in their own way. In today’s news, the Saudi Central Bank (SAMA) unveiled its plan to experiment with central bank digital currency (CBDC) alongside local banks and fintech firms in a phase-by-phase project. According to […]
2023-1-26 18:30 | |
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Mexico’s central bank digital currency (CBDC) will probably not be ready by 2024 as previously projected, according to local media on January 2. The post Mexico CBDC likely delayed beyond 2024 appeared first on CryptoSlate.
2023-1-9 04:30 | |
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Brazilians are increasingly turning to stablecoins as their local currency, Brazil Real (BRL), slides against the USD due to rising inflation.
2022-12-29 12:32 | |
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People in Nigeria, Kenya and Ghana can now receive instant, low-cost remittances in local currency from the EU and the UK through Bitcoin’s Lightning.
2022-12-15 15:06 | |
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People in Nigeria, Kenya and Ghana can now receive instant, low-cost remittance payments in local currency through Bitcoin’s Lightning Network.
2022-12-7 16:30 | |
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The Kinesis Virtual Card was released by the digital asset utility platform Kinesis Money. It allows users to instantly convert their cryptocurrency holdings into local fiat currency and purchase online or in-store.
2022-11-3 23:33 | |
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Investor and founder Vinny Lingham wrote a series of tweets on September 29 outlining a potential short-term future whereby Bitcoin will act as a store of value for those suffering a devaluation of their local currency.
2022-9-30 12:30 | |
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President Tokayev said Kazakhstan will give full legal recognition to digital assets if demand persists while they continue testing security concerns.
2022-9-30 20:35 | |
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Withdrawals should be resumed “shortly,” said the company, which had suspended that feature on June 17.
2022-7-7 03:24 | |
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A cluster of major US inflation and jobs reports due this week could spike volatility in stocks and crypto, with Fed policy expectations in focus as liquidity drops. A series of U.S. economic data releases scheduled for this week could…
Kraken's parent company made a first step toward an IPO, hoping to follow the path of Circle, Gemini, Bullish, and Figure Technologies
New Hampshire has once again notched the first position among other U.S. states after launching a Bitcoin-backed municipal bond. New Hampshire’s business financing agency, the Business Finance Authority, signed the approval on Nov 17 to authorize a “first of its…
United States authorities have indicted Chicago-based crypto ATM operator Virtual Assets LLC and its founder, Firas Isa, with money laundering charges involving fraud and narcotics proceeds. Isa and his firm operated Crypto Dispensers, a company whose core business involved offering…
The U. S. Senate Banking Committee will vote in December 2025 on comprehensive cryptocurrency market structure legislation, according to committee Chair Tim Scott on a recent television interview on Fox News.
Will the White House proposal give the IRS broader access to offshore crypto data as agencies push for tighter tax oversight? The White House is examining a proposed rule that would give the Internal Revenue Service access to data on…
Treasury yields, Federal Reserve policy, have put pressure on risk assets, including Bitcoin, during the government shutdown. The longest government shutdown in U.S. history is over, but the crypto markets are still in the red. Just hours after lawmakers finalized…