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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...
Binance Adds Three New Fiat Currency Gateways For Customers
10.1.2020
Binance has announced the addition of Czech Crowns (CZK), Bulgarian Leva (BGN), and Romanian Lei (RON) fiat gateways. Having established itself as one of the world’s leading cryptocurrency exchange, Binance keeps strengthening its ecosystem by providing the best features and user-friendly...
Binance Crypto Exchange Adds Support for Australian Dollars and Thai Baht
8.1.2020
Binance, the world’s second-largest cryptocurrency exchange, has added support for Australia and Thailand’s fiat currencies
Binance Adds Near-Instant UK Pound Payments in Latest Fiat Expansion
8.1.2020
The Malta-based exchange has added new direct fiat funding options, including Faster Payments for U.K. pounds-bearing customers, as well as euros and Australian dollars
Stablecoins Are Crypto’s Version of Fractional Reserve Banking
6.1.2020
Stablecoins provide much sought after stability in the volatile crypto markets. They are sometimes even said to affect the price of bitcoin in drastic fashion. Tether (USDT) in particular continues to be widely scrutinized for this, with recent lawsuits about conflicts of interest and price...
Europe Central Bank Proposes ‘Unattractive’ Rates for Digital Currency
3.1.2020
ECB research suggests it would continue discouraging saving money if it issued digital currency
Binance Debuts Euro Pairs as CZ Says 180 Fiat Currencies Set for 2020
3.1.2020
Binance CEO pledges to “bring crypto to the masses” as euro trading goes live on the main platform
Binance Aims to Support 180 Fiat Currencies in 2020
2.1.2020
Source: Instagram, Binance
In an attempt to "bring crypto to the masses," major cryptocurrency exchange Binance aims to enable fiat-to-crypto trading for "180+ fiat currencies," Changpeng Zhao, CEO of the company, said speaking of their goals for 2020.
Binance.com has added support for 19 fiat...
Is South Korea’s Central Bank Set to Make a Digital Fiat U-turn?
2.1.2020
South Korean media commentators are asking if the central Bank of Korea (BOK) has made a policy reverse on its stance towards central bank digital currency (CBDC) issuance.
Sisa Journal reports that the BOK appears to have changed its tune on CBDCs of late.
Last month, the BOK stated that it...