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Can Bitcoin offer relief in emerging markets plagued by devaluing currencies?

As the word's reserve currency the US dollar has seen increased demand during times of crisis. The liquidity crisis in the past few months saw the price of digital assets like Bitcoin plummet in a matThe post Can Bitcoin offer relief in emerging markets plagued by devaluing currencies? appeared first on AMBCrypto. дальше »

2020-5-4 15:00


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‘Central Banking Is Socialism for the 1%’ – Report Cites Wealth Inequality Driven by Stimulus

For a while now, central banks like the Federal Reserve have been participating in quantitative easing (QE) practices, despite the fact they don’t like to call it QE. Following the massive dollar injections, a recent report from the wealth insights provider Wealth-x details the number of wealthy people in the world spiked in 2019. дальше »

2020-2-19 00:10


Binance Adds 15 New Instant Fiat-to-Crypto Conversions With Simplex Partnership

Trying to corner local markets, the Malta-based crypto exchange Binance has added support for 15 more fiat currencies through the integration with Simplex. Gateways for currencies like the Korean won, the Swiss franc, the Polish zloty, the South African rand and the Australian dollar have been created and made available through the exchange’s fiat-to-crypto trading […] дальше »

2020-2-14 19:06


Algorand’s PoS Blockchain Launches First Stablecoin In Partnership With Tether’s USDt

Tether has teamed up with Algorand to issue the US dollar pegged USDT on the proof-of-stake (POS) DLT platform, Cointelegraph reports. In a press statement issued on Monday Feb. 10, Tether said that it aims at taking advantage of the innovative aspects of the blockchain which are present on Algorand 2.0 like immediate confirmation of […] дальше »

2020-2-10 22:40


World Economic Forum States That Stablecoins Could Temper US Dollar Domination Risk

Stablecoins are cryptocurrency assets with their value tied to a specific asset, like gold or the US dollar. They serve many purposes in the industry, but an opinion piece in the World Economic Forum states that they may be able to curb the potential threat of global foreign currency reserves domination of the US dollar. […] дальше »

2019-11-29 23:13


US Federal Reserve: Stablecoins Can Be a Modern Medium Of Exchange If Well Designed And Regulated

The US central bank, Federal Reserve is commonly known as the Fed, has finally agreed that stablecoins pose a threat to the fiat dollar as a global medium of exchange. The Fed has stated that stablecoins like Facebook’s Libra have the capability of being the ‘fresh medium of exchange’. However, the Fed gave a caveat […] дальше »

2019-11-19 00:53