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US Deficit Will Be at Least 6 Times Bitcoin Market Cap — Every Year
24.1.2020
The U.S. budget deficit has shot up 55% as a percentage of GDP since the 1960s
Millennial and Male: 3 Crypto Card Issuers Profile Their Average User
24.1.2020
Platforms offering debit cards that can be topped up with cryptocurrency have enjoyed growing popularity in the crypto community. They provide a payment solution for those who earn and own digital coins, enabling in-store and online crypto payments. Their expanding user base provides a snapshot...
Square’s Fiat-to-crypto Payment Network System Wins US Patent
23.1.2020
On Jan 21st, Square, the payment provider, won a U.S. patent for its fiat-to-crypto payment network system. The payment provider applied for this patent on Sept. 14th, 2018, to the U.S Patent and Trademark Office. The Office’s data described it as a payment system that will allow users with...
Jack Dorsey’s Square Awarded Patent for Real-Time Crypto-to-Fiat Swaps
22.1.2020
Jack Dorsey’s Square gets patent for fiat-to-crypto exchanges in real-time transactions
Jack Dorsey’s Square Wins Patent for Fiat-to-Crypto Payments Network
22.1.2020
Square's newly awarded patent enables seamless transactions between a number of potential asset types including crypto
Japanese Ex-Central Banker: Libra Spurred Us to Take CBDCs Seriously
22.1.2020
The former head of payments and settlements at the Bank of Japan says Facebook’s Libra spurred institutions to look seriously into digital currency issuance
Six Central Banks to Assess Potential Cases For Digital Fiat + More News
21.1.2020
Source: iStock/orinoco-art
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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A central bank group will assess potential cases for central bank digital currencies...
Six Major Central Banks to Collaborate on Digital Currency Research
21.1.2020
The central banks of Canada, the United Kingdom, Japan, European Union, Sweden and Switzerland and the Bank for International Settlements created a CBDC research group
Monerium to Issue E-Money on the Algorand Blockchain In New Partnership
21.1.2020
Blockchain protocol Algorand and licensed e-money issuer Monerium have signed a non-exclusive partnership for 2020
These Online Stores Are Bitcoin Only
21.1.2020
The number of stores that accept cryptocurrencies such as BTC and BCH is growing. But while such stores will accept bitcoin alongside existing fiat payments, a handful operate in reverse. These online shops are bitcoin only and they’ve no intention of accepting fiat currency – ever....
Maduro Opens Crypto Casino in Venezuela
20.1.2020
Venezuela’s President Nicolas Maduro has authorized the opening of a casino at a luxury hotel in Caracas where bets must be placed in petros, the country’s national oil-backed digital currency. Several cryptocurrencies and fiat currencies can be exchanged into petros to wager in...
Binance P2P Crypto Trading Platform Supports Vietnam’s Fiat Currency
20.1.2020
Binance has launched peer-to-peer trading for the Vietnamese dong, making it the second supported fiat currency after Chinese yuan
Will Cryptocurrencies Disrupt the Use of Fiat Currencies?
19.1.2020
Many strategists from the cryptocurrency community have spent years of researches and have come up with a prediction that cryptocurrencies will disrupt the use of fiat currencies in the coming future. However, this prediction is combated by other strategists who have nulled this prediction...
New Stablecoins Commence a Fresh Assault on Tether
17.1.2020
Can any stablecoin topple tether? In 2019, the answer to that question was an emphatic ‘No.’ Despite a string of stablecoins being released onto the market, tether (USDT) increased its grip on the cryptoconomy’s fiat supply, racking up $127B of on-chain volume on Ethereum alone....
Direct Democracy Party to Solve Issues With Crypto Rights in Russia
16.1.2020
A new political force is being born in Russia out of the country’s tech business circles. The idea has been conceived by representatives of the country’s growing digital economy sector who want to embark on finding solutions to numerous issues that concern the crypto space. Also read:...
Binance’s Fiat-Gateway Partner Banxa Raises $2M in Series A Round
15.1.2020
Digital banking infrastructure provider Banxa has raised $2 million soon after partnering with Binance
Coinme Adds BTC Purchase Function to Over 100 Coinstar Kiosks in California
14.1.2020
With over 21,000 kiosks in the U.S., Coinstar is a popular automated service for those who want to turn their fiat coins into paper cash. 3,000 of these kiosks have been integrated with Coinme to include crypto purchase functionality, and more than 100 BTC-integrated Coinstar kiosks are now newly...
Huobi Exchange Partners With UAE Real Estate Firm to Enable Crypto Payments
13.1.2020
Huobi partnered with a real estate firm in the UAE to allow real estate investors to pay in cryptocurrencies like Bitcoin
Eastern Europe Sees More Fiat Options for Trading Crypto
12.1.2020
The countries of Central and Eastern Europe, a diverse region sometimes referred to as the ‘Second World,’ are at different stages of their economic development and political integration with the EU or other supranational organizations. Having less established traditional sectors...
Bitfinex ‘Copycat’ Lawsuit Withdrawn and Then Refiled in New District
12.1.2020
Ifinex Inc, parent firm of Bitfinex, finds its ongoing legal troubles further complicated as a November lawsuit has been withdrawn by the plaintiff and refiled in a new district. The company, whose close affiliations with both the Bitfinex crypto exchange and stablecoin Tether have continually...