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Robert Kennedy Jr Reveals BTC Investment for His Children, Insists Bitcoin ‘Threatens the Monopoly on Money’
27.7.2023
During a Twitter Spaces event on Wednesday, Robert F. Kennedy Jr., a Democratic U.S. presidential contender, revealed that he acquired 14 bitcoin for his children. This announcement comes on the heels of financial documents filed on June 30, 2023, which indicated his ownership of the leading...
Tim Draper Predicts Bitcoin Will Outpace Fiat Currencies, Asserts Its Superiority Over Traditional Banking
26.7.2023
Renowned bitcoin investor and venture capitalist, Tim Draper, envisions a future where bitcoin emerges as a formidable competitor to the world’s fiat currencies. During a recent interview with Fox News, Draper argued that bitcoin’s inherent safety and superiority surpass those...
Singapore High Court rules crypto personal property, compares it to fiat money
26.7.2023
Judge didn’t see any difference between crypto, fiat money or shells, as long as all those objects, physical or not, share value, created by mutual faith in it
Kids Won’t Be Able to Spend Mom’s Digital Ruble as They Wish, Russian Official Says
21.7.2023
The new form of Russia’s fiat, the digital ruble, will make spending more efficient for both government and family budgets, according to a high-ranking lawmaker. Anatoly Aksakov, who was involved in the recent adoption of the new digital ruble legislation, highlighted some of the advantages...
Brazilian Central Bank Digital Currency Raises Alarm as Developer Uncovers Fund Freezing Feature
17.7.2023
A blockchain developer has found a code in Brazilian central bank-backed digital currency (CBDC) that would allow the government to freeze accounts or even drain them at will.
Founder of Web3 consulting company Iora Labs and blockchain developer Pedro Magalhaes took to social media to reveal...
Robert Kiyosaki’s Warnings: Giant Crash Incoming, End of US Dollar Approaching
16.7.2023
Rich Dad Poor Dad author Robert Kiyosaki has warned that a giant crash is coming, emphasizing that the end of fiat money, including the U.S. dollar, is near. Noting that the USD “will die,” he urged investors to buy gold, silver, and bitcoin. His warnings came as the BRICS economic bloc...
Latam Insights — Bolivia Calls for De-Dollarization, Reserve Drops Fiat Services
10.7.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Bolivian President Luis Arce calls for de-dollarization at the Southern Common Market Summit, Reserve drops fiat services in Latam, and Argentina postpones...
Bitcoin on $3K discount at Binance.US, but there’s a catch
10.7.2023
Bitcoin is selling for just over $27,500 on Binance.US, a nearly $3,000 discount from global spot prices
Russia’s Supreme Court: Criminals’ Bitcoin-to-Fiat Trades Constitute Money Laundering
29.6.2023
Russia’s Supreme Court has ruled that criminals’ Bitcoin (BTC)-to-fiat trades can be considered money laundering.
Per a report from the Russian legal affairs-focused media outlet RAPSI, the Supreme Court made the judgement in a case involving a citizen who sold narcotics to crypto-paying drug...
Bitcoin’s ‘Great Accumulation,’ Binance.US resumes fiat withdrawals, and other news: Hodler’s Digest, June 18-24
24.6.2023
Bitcoin’s “Great Accumulation” period has begun, Binance.US withdrawals resume, and the U.K. prepares for its upcoming crypto regulation
Binance.US solves USD withdrawal issues but warns it won't last long
23.6.2023
“While USD withdrawal remains fully operational on the platform today, we expect our banking partners to discontinue that service in the near future,” said Binance.US
Crypto payment solution Ramp expands on-ramp service, adds support for 40 fiat currencies
21.6.2023
Ramp expands its platform compatibility with 40 new currencies, including the Bermudian Dollar, Costa Rican Colón, Hungarian Forint, Mexican Peso, Singapore Dollar, and Swiss Franc
Bittrex US Allows Fiat and Crypto Withdrawals Amid Bankruptcy Proceedings
17.6.2023
Bittrex US, the now-defunct cryptocurrency exchange in the United States, has recently introduced a plan that permits American customers to withdraw crypto and fiat from the platform, provided they satisfy the required regulatory criteria. This withdrawal arrangement was approved on Tuesday by...
Turks Turn to Tether Amid Record Inflation, Limited Access to Dollar, Report Reveals
12.6.2023
People in Turkey have been seeking refuge in stablecoins as their national fiat continues to depreciate against the greenback. The Turkish lira saw a record drop in its exchange rate with the U.S. dollar when the country’s central bank halted intervention after the recent presidential vote....
Binance.US to suspend USD deposit and halt fiat withdrawals
9.6.2023
Binance.US has announced that it will suspend the deposit of the US Dollar, and its banking partners will halt the withdrawal of fiat currency from the platform. This is tentatively expected to go into effect on June 13, 2023. Users of Binance.US are recommended to take appropriate actions before...
Binance.US Suspends Use of Fiat as Legal Troubles Mount
9.6.2023
The exchange says users should withdraw USD as soon as possible as the Securities and Exchange Commission engages in "extremely aggressive and intimidating tactics" against the company
Biggest Bank in Australia to Limit Transfers to Crypto Exchanges
9.6.2023
Commonwealth Bank of Australia plans to restrict payments to crypto trading platforms, citing the threat of scams. The measure would deal another blow to digital asset exchanges operating in the country where it has been getting harder to deposit funds for cryptocurrency operations. Crypto Traders...
Major Australian bank to decline ‘certain’ payments to crypto exchanges
8.6.2023
James Roberts, Commonwealth Bank General Manager of Group Fraud Management Services cited a huge scale of "investment scams" involving crypto exchanges
Binance.US coins trade at premium amid litigation fears, fiat gateway issues
7.6.2023
Stablecoins such as USDT and USDC were trading for 3% to 4% higher than par value at the time of publication
Tel Aviv Stock Exchange completes proof of concept to tokenize fiat and bonds
7.6.2023
In its proof of concept, TASE minted the first ERC-1155 security token representing a dummy digital government bond