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Visa Moving to Integrate With Digital Currency Platforms
26.7.2020
Visa says it is working to integrate digital currencies with its existing global network of 61 million merchants. The global payments technology giant is working with two licensed and regulated digital currency platforms, Coinbase and Fold. In a blog post, Visa says the emergence of fiat-backed...
Binance’s Fiat-Gateway Partner Banxa Expanding to US
24.7.2020
Banxa plans to leverage custody and settlement infrastructure from exchange platform Zero Hash
Opera Expands Crypto Wallet Top-Ups to the UK
24.7.2020
Opera users in the United Kingdom can now purchase cryptocurrency directly via bank accounts or digital banking app Revolut
World Stablecoin Association Launches in Switzerland
23.7.2020
The World Stablecoin Association aims to unite major global stablecoin projects like Tether and USDC
Fiat Will Be a Passing Fad In the History of Money - Deutsche Bank Strategist
23.7.2020
Fiat money will be a passing fad in the long-term history of money, while gold, as a hedge against government money, is outperformed by equities in the long run, according to Jim Reid, Research Strategist at German banking giant Deutsche Bank.
In a note to clients on Wednesday, he admitted that...
World Will Not Adopt a Bitcoin or Gold Standard, Says Peter Brandt
23.7.2020
The world is headed for special drawing rights with gold participating, but not a return to the gold standard, the trader says
Binance Buying a Traditional Bank Is Not a New Idea, CZ Says
22.7.2020
Binance CEO CZ says that having their own bank would unlock one more channel for interacting with global regulators
Sizeable Portion of Tether’s $4.5B Growth Comes From Exchange Fiat
21.7.2020
Tether rose quickly to $9.1 billion in 2020 as supply doubled since March, but some of that is old money being repurposed into USDT
Wirex Approved to Issue Mastercard-Backed Bitcoin Debit Cards
20.7.2020
Mastercard said Monday it had granted Wirex principal membership status, becoming the “first” native cryptocurrency outfit to do so. The membership allows Wirex, a London-based digital payments firm, to issue payment cards directly to consumers, making it easier for people to buy, hold...
Bank of Thailand Progresses With Digital Baht Tests Before Public Launch
16.7.2020
The Bank of Thailand is looking to test the digital baht with Hong Kong’s central bank after piloting the CBDC with large businesses
Village in El Salvador Turns its Back on Fiat in Favor of Bitcoin
15.7.2020
Source: Twitter/@Bitcoinbeach
Foundering fiats, a global pandemic and an anonymous donor’s generosity have led to the creation of a bitcoin (BTC)-powered economy in a village in El Salvador, the smallest and the most densely populated country in Central America.
Per an article written by a Forbes...
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.”