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CBDC Week: Another G7 Country Mulls Joining Digital Fiat Race
15.7.2020
After the UK admitted it is mulling digital fiat plans this week, the Japanese government has also announced that it is considering the launch of a central bank digital currency (CBDC).
Per Nikkei, the cabinet is set to make a formal decision on whether or not it will include the issuance of a CBDC...
Japanese Banking Giant MUFG to Issue Its Own Stablecoin in H2 2020
14.7.2020
Japan’s largest financial institution, Mitsubishi UFJ Financial Group, is planning to issue the MUFG token in the second half of 2020
Fiat Failures, Inflation to Fuel 'Fear-Driven' Bitcoin Rally - Crypto Insiders
13.7.2020
Fiat failures and widespread inflation stemming from skyrocketing public debt could pave the way for bitcoin (BTC) to enter the mainstream in the next one to two years, say prominent crypto industry players.
Speaking in a recent panel at Real Vision’s The Crypto Gathering event, Nic Carter,...
Brazil’s Top Exchange Mercado Bitcoin Lists Sport Token Chiliz
13.7.2020
Chiliz is entering one of the world’s best football countries by listing CHZ token on the largest crypto exchange in Brazil
Christophe Cieters: Monopoly Money
12.7.2020
As money developed and people opted to place it in secured storage, banks started issuing banknotes which represented a client’s deposit at the bank and the promise to redeem each note for the amount of gold it represented at a 100% reserve rate. Market exchange rates of the coins were...
‘Fiat and Money Printing’ Street Mural Earns $500 in Bitcoin Donations in Five Days
11.7.2020
A Parisian street artist is receiving hundreds of dollars every day in bitcoin donations from his painting that speaks about “fiat and money printing.” Pascal Boyart’s latest mural, “Confessions of a Red Jester”, is a modern interpretation of the 1862 painting...
Binance CEO CZ Showcases First Use of Binance Card
10.7.2020
Binance CEO Changpeng Zhao shows first beta transactions involving Binance’s long-anticipated crypto debit card, Binance Card
Bottlepay Returns by September with Fiat Integration and Bitcoin Tweets
10.7.2020
Upon its planned comeback by September, the fully compliant, revamped Bottlepay app will feature fiat integration, enabling users to spend bitcoin (BTC) from their national currency, Pete Cheyne, founder of this UK-based BTC wallet provider, told Cryptonews.com.
As reported, the first version...
Binance’s Second Acquisition of 2020 Is Related to Crypto Debit Cards
8.7.2020
Binance will join Swipe’s board of directors, but the firm is “able to run the company independently from Binance.”
Binance Expands Reach With New Gateway for 15 Fiat Currencies
7.7.2020
Binance users can keep their fiat funds with new partner Etana while buying and selling crypto assets on the exchange
Watch Fiat Currencies If You Want To Guess Bitcoin's Next Move
7.7.2020
As major fiat currencies face potential devaluations in the wake of the COVID-19 crisis over the coming months and years, an alternative currency like bitcoin (BTC) has never been so needed, according to Max Bronstein, a member of the Institutional Coverage team at Coinbase.
Sharing his thoughts...
Binance Expands Fiat Gateway to Support 15 New National Currencies
7.7.2020
Binance added support for the new currencies through a partnership with crypto asset and fiat money institutional custodian Etana Custody
A New Price Valuation Model Says $10,670 Fair Value For Bitcoin
6.7.2020
Seba, a Switzerland based bank, is proposing a Bitcoin valuation model that places its fair value at $10,670. At this price, the model suggests Bitcoin is trading at a significant discount, at just above $9,100. In a blog posting this past Thursday, Seba says the model’s estimate relies...
OKEx Now Features Latin American Fiat Gateway with Latamex
3.7.2020
OKEx partners with major LATAM digital settlement network to unlock crypto purchases with three local currencies
Russian Court: Bitcoin Theft Not a Crime
3.7.2020
A Russian district court has dismissed bitcoin theft as a crime since cryptocurrency is not regulated in Russia and there is no legal status for bitcoin. The accused were found guilty, sentenced to prison, and ordered to return only the fiat money stolen — not cryptocurrencies....
Bitcoin Analyst: Central Bank Rate Cuts Mean ‘World Has Gone Zimbabwe’
1.7.2020
Zimbabwe-style mayhem is a possible outcome from a flood of cheap money hitting the global economy, warns MMCrypto
Sendbit.io: Lightning Speed Crypto Wallet for Fiat Merchants
1.7.2020
Cryptocurrencies are known for their volatile nature, having wild price fluctuations in short spans of time. In the past few years, crypto payments have grown in popularity, and more and more services have started accepting crypto coins on their platforms. But many are wary of accepting digital...
First Rupiah-Backed Stablecoin Launches on Binance and Tokocrypto
30.6.2020
Binance launched the stablecoin on its own blockchain thanks to a collaboration with Indonesian crypto exchange Tokocrypto
KuCoin P2P Fiat Market Supports Buying Crypto With USD Via PayPal
24.6.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
On June 24, 2020, KuCoin, an IDG-backed crypto exchange, announced that its P2P Fiat Market added support for US Dollars (USD), meaning traders can buy cryptocurrencies like USDT, BTC and ETH with USD via PayPal...
Crypto Exchange ByBit Launches a Fiat Gateway Supporting Over 20 Currencies
22.6.2020
Users are even eligible for up to $50 in bonuses