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Nalezeno "Fiat": 1462

United Nations Agency Unicef Launches Cryptocurrency Fund


Unicef announced Wednesday that it has launched a cryptocurrency fund and become the first United Nations organization to hold onto its crypto donations. Without converting them into fiat, the fund will hold two cryptocurrencies and disburse them to support projects benefiting children worldwide....

Fiat Money May Break in a Decade, Says Author of 'Black Swan'


Fiat money is likely to break within the decade, predicts Nassim Nicholas Taleb, an essayist, scholar, and former risk analyst, famous for his book on the extreme impact of rare and unpredictable events, The Black Swan. Upon being asked to make a prediction on “what would happen by the end of...

Zimbabwe Bans Popular Mobile Money Services From Paying out Fiat Cash


Zimbabwe is once again showing the need to take away from politicians the power to control normal people’s money. The government there is now trying to cope with the results of mismanaging the economy by preventing citizens from using their fiat currency as they see fit. Also Read: Bittrex...

Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet


U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed...

These Debit Cards Will Help You Spend Your BCH Anywhere


Cryptocurrencies like bitcoin cash are ideally suited to payments. While their popularity increases with growing awareness of the benefits of peer-to-peer electronic cash, mass adoption remains a long-term goal. In the meantime, some fintech products are helping to improve dramatically...

Fold Unveils New Application with Sats-Back Program on Fiat Purchases


Fold application, a mobile application for shopping which lets users shop at their favorite retailers via the Lightning Network has announced the launch of its new application on September 25, 2019, via a Medium blog post. The blog post, penned by the company’s CEO Will Reeves, reveals that the...

Fiat is a 'Big Thing' for Binance as They Focus More on Fiat Onramp


Fiat-to-crypto conversion is a big thing for Binance, stressed the exchange’s CEO, Changpeng Zhao in his recent livestream. Speaking of fiat onramp, he said that “there’s a lot of initiatives happening,” from fiat gateways to Binance USD (BUSD) stablecoin. Though fiat onramp is something Binance...

USD to Lead a Group of Fiat Currencies Backing Libra


As per the reports, Facebook’s cryptocurrency, Libra will be backed by 50% by the US dollar and the rest by Japanese Yen (comprising 14%), Euro (comprising 18%), Pound Sterling (comprising 11%) and Singapore Dollar (comprising 7%). Chinese Yuan has not been included in the list till now. Facebook’s...

6 Noncustodial Crypto Payment Solutions for Merchants


You don’t have to be a bitcoin purist or tech tinkerer to want to accept cryptocurrency without using a third party. With lower merchant fees, greater network uptime, and no chargebacks, noncustodial crypto payments have several advantages over traditional fiat payment systems. Here are...

Binance is Set to Unveil Fiat-to-Crypto OTC Next Month


Binance, the biggest digital currency exchange in the world in terms of trading volume, is all set to unveil its OTC (Over-the-Counter) trading platform next month for the Chinese yuan. The update was announced by Yi He, the co-founder as well as CMO (Chief Marketing Officer) of Binance, at one...

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