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Cryptophyl Exchange Reveals Fiat On-Ramp to SLP Token Ecosystem
30.10.2019
The London-based exchange Cryptophyl is a trading platform focused on the Simple Ledger Protocol (SLP) and bitcoin cash (BCH) ecosystem. On October 29, the exchange announced the launch of the first fiat on-ramp to obtain well-known SLP tokens. Also read: Avalon Mining Rig Maker Canaan Files...
More Filthy Fiat: Two Dozen Central Banks Ramp up the Printing Presses
29.10.2019
The global economy seems to be heading toward a financial crisis fueled by central planners that could devastate markets worldwide. This year onlookers are witnessing the largest synchronization of central banks printing massive amounts of fiat or participating in other forms of stimulus....
Cryptocurrencies Like Bitcoin are Not Real Money: German Parliament
29.10.2019
Cryptocurrencies like Bitcoin are not real money, according to the German parliament
The Big Lie Perpetuated by Central Banks
27.10.2019
The central banking system controls monetary policy within a given jurisdiction, including the creation of money itself. The system is a lie and a denial of reality. The lie is political in motivation and content, and the denial of reality is rooted in culture and philosophy. Also read: Bitcoin...
Is China’s New Fascination With Blockchain Really Good for Bitcoin?
27.10.2019
Blockchain development has kind of become an element of the party line in the world’s largest officially communist state. The General Secretary of the Communist Party of China, Xi Jinping, recently told a Politburo meeting that the People’s Republic has to gain an edge in the emerging...
Bahamas to Release Fiat Digital Currency to Counter Cash Dependence
26.10.2019
The Bahamas’ central bank is planning to release a national fiat digital currency to ensure the economy’s resilience in the event of a natural disaster
Binance Adds Nigerian Naira Fiat Trading Pair, Opens Deposits
25.10.2019
Binance adds support for the Nigerian Naira
Eyeing African Market, Binance Adds Nigerian Fiat-to-Crypto Gateway
24.10.2019
Facilitated by payments network Flutterwave, the addition starts a new phase of Binance adding sub-Saharan fiat pairs
3 Major Signs That Precede the Fall of World Reserve Currencies
24.10.2019
The story of reserve currencies is long and stretches far back into ancient times. As modern history shows, however, the average lifespan of fiat reserve assets is just around 100 years. This means that even the U.S. dollar’s period of dominance is probably nearing its end very soon...
Maduro OKs Petro-to-Fiat Trades, Will Provide Stores with Crypto Pay Tech
24.10.2019
Venezuelan president Nicolás Maduro has authorized Petro-to-fiat trading, and says his government will provide the necessary technology to all business holders in the country who want to start accepting crypto pay.
Maduro stated that his move – effective as of October 23 – would allow the “three...
How Centralized Payment Systems Learned to Accept Decentralized Cryptocurrency
23.10.2019
They might not be shouting it from the rooftops, but fiat payment gateways are no longer the enemy of bitcoin. Hostilities have ceased, the bad blood has been let, and today the fiat and crypto worlds are bridged and doing business. Despite the two systems sporting opposing aims and architecture...
How Fiat Money Fails: Deconstructing the Government’s Paper-Thin Promise
23.10.2019
Fiat money has a surprisingly short lifespan. The almighty U.S. dollar currently serving as world reserve currency is not exempted, in spite of all proclamation that it cannot fail. Throughout history, fiat money has failed over and over again, where sound assets like gold have survived. Ruling...
Credit Suisse Is Latest Bank to Charge Clients for Cash Deposits
22.10.2019
In a normal world savers are expected to receive compensation for giving their money to the bank. Instead, due to negative interest rates, we are now seeing more financial institutions actually charging their clients for fiat cash deposits, with Credit Suisse the latest big bank to join in on this...
Is It Possible for Bitcoin to Replace Government-backed Fiat Currencies?
22.10.2019
We are currently witnessing an age of unusual things and revolutions, where people talk to computers and software more than they do with humans, where skyscrapers are becoming more common than green patches, and where fights against government suppression have reached new heights. In such times...
Silk Road Prosecutor: 99.9% of Fiat Money Laundering Goes Unprosecuted
22.10.2019
“The financial services industry is spending $20 billion a year on AML and KYC. So I would ask you: is it even working? I don’t think it’s working”
Fiat-to-Crypto ‘Carry Trade’ May Tempt Traders Tired of Negative Interest Rates
22.10.2019
In the era of negative rates, return-hungry investors may increasingly borrow in low-interest fiat and invest in higher-yielding crypto accounts
Facebook Likely to Use Stablecoins Pegged to Fiat for its Libra Project
21.10.2019
Facebook’s Libra project has been abuzz with new updates quite frequently in recent times. According to the recent reports dated October 20, 2019, Facebook is contemplating to utilize stablecoins pegged to a national currency for its digital currency Libra. Talking at a banking seminar, Facebook’s...
Binance Is Launching Fiat Trading Starting with Russian Ruble
21.10.2019
Binance CEO announced that users will be able to buy crypto on the exchange directly using the Russian ruble
Binance CEO: Russian Ruble to Be First Fiat-Crypto Trading Option
21.10.2019
Cryptocurrency exchange Binance.com is soon to launch its first fiat-to-cryptocurrency trading pairs, kicking off with the Russian ruble
Libra Could Drop ‘Basket’ and Issue Individual Fiat Stablecoins
21.10.2019
Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate