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Contentions Erupt After New York Fed Classifies Bitcoin As ‘Just Another Example Of Fiat Money’
Economists at the New York Federal reserve believe that bitcoin, the decentralized, peer-to-peer virtual currency that was created by a pseudonymous software developer around 11 years ago, is “just another example of fiat money”. дальше »
2020-6-20 08:15 | |
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Bitcoin: A hedge against downfall of fiat, not collapsing market
Bitcoin was meant to be an uncorrelated asset; since then, many in the crypto industry have been waiting for another financial crisis similar to 2008 to test if the top coin can test its characteristiThe post Bitcoin: A hedge against downfall of fiat, not collapsing market appeared first on AMBCrypto. дальше »
2020-4-19 11:00 | |
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TRON (TRX) Gets Integrated Into DeFi App Metal Pay (MTL)
Metal Pay (MTL) a United States-based peer-to-peer (P2P) platform that enables users to easily send fiat or cryptocurrency payments between one another has inked a partnership deal with Justin Sun’s TRON, the blockchain project in charge of the TRX altcoin. дальше »
2020-3-26 14:00 | |
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Tether's dominance may be getting undercut by crypto-collateralized stablecoins
Behind the rollercoaster-like price fluctuations of cryptocurrencies, there exists another class of coins that promises to offer price stability. Stablecoins attempt to bring in the best of both fiat,The post Tether's dominance may be getting undercut by crypto-collateralized stablecoins appeared first on AMBCrypto. дальше »
2020-3-3 15:30 | |
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Binance Futures launches ETC/USDT perpetual contracts as another fiat on-boarded
The world's leading crypto-exchange, Binance, has been making a series of announcements since the beginning of the new year. After adding support for numerous fiat currencies from around the world, BiThe post Binance Futures launches ETC/USDT perpetual contracts as another fiat on-boarded appeared first on AMBCrypto. дальше »
2020-1-16 19:30 | |
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Binance Supports Thai Baht in Collaboration with Regulated Thailand Crypto Exchange Satang
Binance is adding yet another fiat option, Thai Baht by collaborating with the regulated digital asset exchange in Thailand, Satang Corporation. They will be using recently launched API Portal technology of Satang that will allow users to deposit and withdraw Thai Baht directly to their Binance accounts. дальше »
2020-1-8 23:57 | |
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Coinbase vs. Changelly Exchange Comparison 2020
In this review, we are going to take a closer look at two established cryptocurrency exchanges that provide different services for the blockchain community – Coinbase and Changelly. Changelly is primarily used to convert one cryptocurrency for another, while most investors use Coinbase as an “on-ramp” to convert fiat currency (e. дальше »
2019-11-16 22:58 | |
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Coinstelegram Research: Britain leaves to stay and to drop the dollar
The endless farce of Brexit continues. The UK received another postponement – and this despite the terrible oaths of its Prime Minister Boris Johnson and the “responsible” statement of 93-year-old Elizabeth Alexandra Maria Windsor, who is on the British throne for 67 years. дальше »
2019-10-30 14:01 | |
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It’s Expiry Friday, Will Bitcoin Jump or Fall?
Another month is nearly over, meaning bitcoin fiat settled futures at CME expire this Friday. That tends to coincide with a fall in bitcoin’s price, but it isn’t very clear... The post It’s Expiry Friday, Will Bitcoin Jump or Fall? appeared first on Trustnodes. дальше »
2019-10-23 17:21 | |
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BiboxEurope Announces Yet Another Development – Fiat Trading for Quality Projects
BiboxEurope, a fully regulated cryptocurrency trading platform based out of Switzerland has been keeping itself busy since its launch a few months ago. In a bid to offer the best of features to its userbase, the platform has recently announced the launch of fiat trading capability for quality projects listed on BiboxEurope. дальше »
2019-10-17 16:02 | |
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Ex-CFTC proposes blockchain-based dollar to save declining fiat
2019 marked the rise of another crypto-based experiment, as centralized financial institutions around the world started to contemplate the idea of a Central Bank Digital Currency [CBDC]. Bank of China was already ahead in this game, after announcing that their native CBDC was almost already, and in recent reports, Bank of Canada also entered the […] The post Ex-CFTC proposes blockchain-based dollar to save declining fiat appeared first on AMBCrypto. дальше »
2019-10-17 12:00 | |
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IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR
Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD. дальше »
2019-10-14 08:00 | |
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Turkey Throws Another Wrench Into the USD’s Works and Joins Russian Swift
The dominance of the U. S. dollar as the global reserve currency is being robustly challenged on all fronts. Other geopolitical powers and smaller but important players are unwilling to accept the political influence Washington exerts through its fiat money. дальше »
2019-10-11 12:40 | |
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Bitcoin Lightning network adoption may soar with Zap wallet’s new Olympus component
Bitcoin Lightning network may note another boost as Zap Wallet developers announced a new service to ease the process of using Lightning. Defined as a standalone component and complementary to Zap wallet, Olympus would allow users to settle payments through fiat in crypto using Lightning payments and in just seconds, announced Jack Maller, the founder […] The post Bitcoin Lightning network adoption may soar with Zap wallet’s new Olympus component appeared first on AMBCrypto. дальше »
2019-10-6 21:40 | |
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Fighting a Losing Battle: Federal Reserve Prints Another $63.5B This Week
The repo rate made the headlines again at the end of September. The overnight general collateral repo rate jumped about 1% during the weekend, from 1. 85% on Friday to 2. 8% on Monday. The Fed now has to inject billions to keep the market under control. дальше »
2019-10-1 17:00 | |
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It’s Expiry Friday, Will Bitcoin’s Price Fall Once More?
In precisely five days, the September fiat settled bitcoin futures contract at CME expires. Yes, another month is nearly over, so we can look forward to our ritual of copy... The post It’s Expiry Friday, Will Bitcoin’s Price Fall Once More? appeared first on Trustnodes. дальше »
2019-9-23 19:42 | |
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Ethereum (ETH) took off thanks to Visa and MasterCard
Rumors that ETH became the second digital defensive asset, “digital silver,” have been exaggerated a little bit. The rise of ETH is associated with the launch of KyberSwap – another one, but really convenient gateway from the fiat world to crypto built on the Ethereum blockchain. дальше »
2019-9-17 12:45 | |
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Crypto Could Experience More Fiat Influx; Here’s Why
The global economy faces a new series of extreme interest rate reductions, potentially driving the demand for more volatile crypto assets. With fiat assets racing toward lowered interest rates, crypto may also be seen as a store of value. дальше »
2019-9-16 21:00 | |
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PayPal Caught Overcharging Clients; Is Bitcoin Ready to Take Over?
PayPal’s community page is full of grievances about how the payment giant is ripping its clients off with incorrect exchange rates. One of the users believes the US company is probably making $100,000 every day by selling one fiat currency for another at about 3-4 percent higher prices. дальше »
2019-9-2 18:00 | |
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ShortHop Hops In To Eight More States
Add another fiat on-ramp to your crypto shopping list. Initially rolled out to residents in California, Washington, and Illinois, the ShortHop “exchange of exchanges” is now expanding to eight additional states. дальше »
2019-8-30 14:10 | |
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Bitcoin evangelist claims Facebook’s Libra is unlikely to withstand global trade and currency wars
In an interview with Cryptonites, prominent Bitcoin advocate Andreas Antonopoulos spoke about his stance on Bitcoin being a safe haven asset during a financial crisis. With the value of fiat currencies like the British pound and Chinese yuan falling, many speculate that the world is in for yet another financial crunch. дальше »
2019-8-13 21:30 | |
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Is Bitcoin inclining towards a sell-off period or is it just another minor dip?
When it comes to describing Bitcoin, the crypto community echos terminologies around decentralized asset, the money of the future, and fiat’s replacement. However, BTC’s silver lining has always been found in its ability to spike faster than any other traditional asset, making overnight millionaires a reality. дальше »
2019-7-7 19:30 | |
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Dukascash Stablecoin Launches by Swiss Bank Dukascopy, Backed by Three Fiat Currencies
Reports circulated yesterday that the Swiss SIX Stock Exchange was encouraging the local central bank to launch a stablecoin that could be used within their country. Between that encouragement and the recent changes to the Libra whitepaper, it is clear that the market desires another stablecoin, and the Dukascopy Swiss bank is listening. According to […] дальше »
2019-6-28 00:24 | |
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Could Growing Global Distrust be a Boon For Bitcoin (BTC)?
More nations appear to be starting to see the folly of fiat currency. With growing calls for gold-backed currencies for international settlement, there may be an opportunity for Bitcoin to facilitate trade deals with far less manipulation than possible when using national currencies. дальше »
2019-6-12 00:00 | |
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Stablecoin Cryptocurrencies: Another Look at the Good, Bad and Ugly of Fiat Tokens
Another Look at Stablecoins When cryptocurrencies like Bitcoin were first hitting the digital world from their respective white papers, we were residing in a time of financial turmoil. With the financial crash of 2008/9 destroying (for many) the trust of the people in major banking institutions. дальше »
2019-6-3 09:15 | |
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Bitcoin’s [BTC] bullish charge leaves plummeting Argentinian Peso [ARS] in its wake
Bitcoin [BTC] might be over $10,000 from breaking its all-time-high [ATH] against the world’s premier fiat currency, the US Dollar [USD]. However, another prominent national currency is now left in the king coin’s wake. дальше »
2019-5-27 15:30 | |
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6 Surprising Facts About the US Dollar
Most people in this world will come in touch with fiat currency in one way or another. Even so, the vast majority of those individuals hardly ever wonder about the aspects of physical money, especially where US Dollar bills are concerned. дальше »
2019-5-13 17:30 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies
On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies. дальше »
2019-5-11 21:34 | |
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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General
Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses. дальше »
2019-5-1 01:22 | |
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Tether Not Fully Backed
In an affidavit containing the subheading "Tether Holders Are Not at Risk,” Stuart Hoegner, a lawyer representing Tether, admits that the company only has the fiat reserves to back about 74 percent of its coins. дальше »
2019-5-1 21:04 | |
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Report: Australians Lost Over $4 Million to Crypto Scams in 2018
The latest edition of “Targeting scams,” an annual report released by the Australian Competition and Consumer Commission (ACCC) revealed that the country saw a 190 percent increase in cryptocurrency scams, with a total of $6. дальше »
2019-4-30 20:07 | |
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eToro’s New Stablecoins Could Make A Healthier Crypto Market
Last week eToro announced the launch of eToroX, a new cryptocurrency exchange, as well as eight new stablecoins which will be pegged to the value of major fiat currencies. Yes…another raft of stablecoins. дальше »
2019-4-22 20:07 | |
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Coinbase Collaborates with Visa to Launch own Debit Card in the UK
Coinbase has been adding value to the cryptocurrency industry particularly in 2019 with several additions to the crypto assets trading on its platform. Another major move now is to launch a Coinbase card in association with leading payment giant, Visa. дальше »
2019-4-11 14:04 | |
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Op Ed: Answering 10 Common Questions About Cryptocurrency and Taxes
Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, specifically, but similar issues arise around the world. дальше »
2019-3-29 18:20 | |
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Maybe Tether Doesn’t Plan to Quit the Stablecoin Market After All
Tether announced today that it’s issuing USDT on the TRON blockchain. As Tether writes in its own blog post on the subject: The TRC20-based USDT enables interoperability with TRON-based protocols and Decentralised Applications (dApps) whilst allowing users to transact and exchange fiat pegged currencies across the TRON Network. дальше »
2019-3-5 04:44 | |
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Wirex Announces Another Industry First, No Strings Attached OTC Crypto Exchange Rates
Wirex, a cryptocurrency and fiat payments platform recently unveiled its new version v.3.0, the “re-designed and turbo-powered” platform for both digital and traditional currency. After introducing the world’s first crypto rewards programme and the payment card that allows one to spend digital coins in real life, no minimum limit to OTC (over-the-counter) rates are here. […] дальше »
2019-3-2 20:25 | |
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Gateways are open! MEW withdraw crypto without KYC
The development of crypto is continuous. Today, the issue of cryptocurrency withdrawal is not so acute. There are more and more gateways. And most important, they are cheaper and less complex. MEW added Bity The most popular ETH-wallet MyEtherWallet added another one option for withdrawal of crypto in fiat. For those who are in the […] дальше »
2019-2-22 01:06 | |
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Exclusive Interview: Stablecoins – A Future Solution or Another Pathetic Attempt at Market Recovery? Evan Ropp, CEO of Coin360, Weighs in
The cryptomarket has always been volatile. Out of that market volatility, stablecoins have emerged. Stablecoins are cryptocurrencies backed by real assets, such as fiat, gold, and so on. However, they stayed in the background for quite a long time, only gaining popularity when the market fell drastically. дальше »
2019-2-11 21:31 | |
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Abra Users Can Now Buy Stocks and ETFs Using Bitcoin
“Investing in stocks can be a daunting, complex and decidedly exclusionary activity,” says Bill Barhydt, Abra's CEO. To that end, his company’s mobile cryptocurrency wallet app has announced a new feature which will allow investors to purchase traditional stocks using bitcoin. дальше »
2019-2-8 02:05 | |
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Mining Bitcoin or the ‘Crypto-Ruble’ Just Another Form of Counterfeiting, Claims Russian Banking Chief
The head of VTB Bank, a major Russian financial institution that sees the government as its majority shareholder, has compared bitcoin mining with counterfeiting. Andrei Kostin, who serves as the president and the chairman of the management board of VTB Bank, said Monday during an event that any person who prints digital money to replace Russian Ruble was counterfeiting the state-backed fiat. дальше »
2019-2-6 10:15 | |
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Binance Now Supports Crypto Purchases With Credit Cards
Binance has finally joined the fiat-on-ramp party, adding support for crypto purchases using credit cards. This is made possible through its integration with payment processor Simplex, according to a press release shared with Bitcoin Magazine. дальше »
2019-2-1 20:59 | |
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Living on Bitcoin Day 7: A Supposedly Fun Thing I’d Definitely Do Again
This is the seventh instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 , on Day 2 , on Day 3 , onDay 4, on Day 5 and on Day 6. дальше »
2019-1-29 01:51 | |
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Elections Canada Consults With Political Parties on Crypto Donations
According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act. дальше »
2019-1-24 20:28 | |
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XCOYNZ ICO
The XCOYNZ Exchange enables Individuals to set their own fee when exchanging their Crypto assets. This will be based on a recurring annual allowance from the time of first registration, with further loyalty bonuses being awarded based on periodic exchange activity volume. дальше »
2019-1-19 21:03 | |
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Crypto Market Wrap: Binance Coin Buoyed By New Fiat Exchange
Market Wrap Crypto markets haven’t done much over the past 24 hours, the top ten is flat, Cardano and Binance Coin gaining slightly. There has been very little movement in crypto markets over the past 24 hours. дальше »
2019-1-17 10:00 | |
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