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Inside El Salvador’s Bitcoin experiment: Cointelegraph video report
27.7.2021
Cointelegraph traveled to El Salvador to investigate whether citizens believe its new Bitcoin Law will be beneficial to the nation's economy
Binance to delist EUR, GBP and AUD margin trading pairs
26.7.2021
“All of your margin balance may be liquidated in the event of extreme price movement,” Binance stated
MoonPay: the First-Ever US Global Fiat On-Ramp to Polygon
21.7.2021
MoonPay is thrilled to announce that they are supporting the purchase of MATIC to keep the Polygon intact. In addition, the same venture will make MoonPay the US’s first-ever fiat on-ramp in the Polygon ecosystem. Polygon is an Ethereum-based protocol to sidestep Ethereum’s glaring problems...
Mastercard Enhancing Program for Cryptocurrency Wallets and Exchanges
21.7.2021
Payments giant Mastercard has announced that its crypto card program is being enhanced for cryptocurrency wallets and exchanges. The company said, “Making the process simpler will allow more banks and crypto partners the opportunity to offer their consumers the choice of paying with...
As the Stock Market Dives Report Shows ‘US Households Now Have Record High Exposure to Stocks’
19.7.2021
While inflation has kicked up in the U.S., following the massive stimulus issued by the Federal Reserve, investor and financial writer Lyn Alden Schwartzer published a report that shows “U.S. households now have record high exposure to stocks.” The news comes at a time when many...
Crypto experts see Bitcoin replacing fiat money in 20 years
19.7.2021
In a new survey, a number of cryptocurrency and fintech professionals expected a "hyperbitcoinization" to take place by 2040
How International Fiat Fund Hurts Cash-Strapped Countries (FYI, El Salvador)
18.7.2021
The IMF’s Managing Director, Kristalina Georgieva. Source: A screenshot, Instagram/the_imf
In this commentary, Bernhard Reinsberg, Lecturer in International Relations at the University of Glasgow, and Thomas Stubbs, Senior Lecturer in International Relations at the Royal Holloway, University...
Cointelegraph Exclusive: Artist Damien Hirst says NFTs are like 'the invention of paper'
16.7.2021
According to the British artist, NFTs are changing the world, but not always in the get-rich-quick way many media outlets report
Stablecoins Swelled by $13B in 30 Days, Captured 67% of Today’s Crypto Trade Volume
16.7.2021
Over the last few weeks, cryptocurrency markets have fallen in value as most of these assets reached all-time price highs three months ago. Despite the price drops, 2021 has still been an explosive year for crypto gains and fiat-pegged stablecoins have grown massively as well. 53 days ago,...
Hong Kong Busts Money Laundering Ring Using Tether to Wash Millions
16.7.2021
Authorities in Hong Kong have arrested four people suspected of money laundering a total of $155 million through cryptocurrency wallets and bank accounts. The city’s customs agency said this was its first case in which virtual money had been used to launder dirty cash. Money Laundering...
Bingbon Adds Ruble, Hryvnia, and Tenge Support in Bid to Expand Geographical Presence
15.7.2021
A tie-up between payment processor Advcash and Bingbon will help the social cryptocurrency trading exchange extend its services to Ukraine, Kazakhstan, and Russia through a newly introduced fiat on and off-ramp. Eastern European Fiat Support Echoes Regional Crypto Adoption Outside of North America...
First look: Spike Lee's TV ad for crypto touts it as new money for a diverse world
15.7.2021
Coin Cloud chose Spike Lee to direct the crypto commercial specifically for his experience in exploring social issues, and the firm noted they wanted to “spark important dialogue” with the ad campaign
Bitcoin Will Eventually Be Transacted More Than Fiat Currency, Say 35% of Australians Surveyed
14.7.2021
A new survey finds that 35% of Australians believe bitcoin will eventually be transacted more than fiat currency. Almost the same number of respondents believe that bitcoin “has a significant role to play in the future of currency.” Comparison platform Finder published Tuesday...
Coinchange Announces Truly 0% Fee Brokerage and 25% APY DeFi Platform That Is Secure and Regulated
13.7.2021
PRESS RELEASE. Toronto––Coinchange is diversifying its portfolio of offerings with a move into the DeFi space. The High-Yield Account will provide all users with returns of up to 25% per annum on their USDC balances. This unique opportunity is paired alongside Coinchange’s...
Bank of Ghana Deputy Governor Says ‘Central Bank Digital Currency Is Fiat Money,’ Reveals Pilot Phase Will Start September
12.7.2021
Ghana’s proposed central bank digital currency is similar to fiat cash and therefore financial institutions, as well as fintech start-ups, can still create value based on it, a Bank of Ghana (BOG) official has said. Still, the official, Maxwell Opoku-Afari, the BOG’s deputy governor...
Fiat-to-crypto onramp Simplex integrates SEPA Instant for European partners
8.7.2021
“We're delighted to add SEPA Instant to our growing portfolio of payment methods, giving our partners' users the power to make instant wire transfers of up to €100,000, 24/7," said Simplex CEO Nimrod Lehavi
Venezuela to Slash Six Zeros From Its Currency to Facilitate Payments
2.7.2021
The government of Venezuela is considering a new redenomination of its fiat currency. The proposal that is under study would cut six zeroes from the inflation-affected Bolivar. This would aid companies in processing taxes and provider payments that are absurdly complex with today’s numbers....
BIS Economist Recommends ‘Technology-Neutral’ Crypto Regulation, Low-Cost Supervision of Decentralized Markets
2.7.2021
An economist with the Bank of International Settlements has found that cryptocurrencies are not sought as an alternative to fiat currencies or regulated finance, therefore a “technology-neutral regulation to this asset class” is recommended. The economist discussed “embedded...
Crypto ownership has nothing to do with distrust in fiat: BIS study
2.7.2021
Cryptocurrency owners are “generally more educated than the average,” according to a new study by the Bank for International Settlements
Binance resumes fiat withdrawals via Faster Payments in UK
1.7.2021
Binance has uploaded a notice to its U.K. website stating that Binance Markets Limited is not licensed to undertake regulated activities in the United Kingdom