Home Tags Fiat Money

Tag: Fiat Money

Coinbase Reinstates Full GBP Support for UK Clients

News United States-based crypto exchange Coinbase has reinstated GBP transfers for its United Kingdom customers, according to an official announcement on Oct. 3. Coinbase has also added full support for five new crypto assets — Basic Attention Token (BAT), 0x (ZRX), Augur (REP), Stellar (XLM) and ..

Argentina’s Central Bank to Increase Peso Supply by 5% in 2 Months

News The Committee of Monetary Policy (COPOM) of Argentina’s Central Bank (BCRA) announced the intention to increase the monetary base by 2.5% per month for the next two months on Sept. 18. “To ensure monetary and financial stability”Per the announcement, the move is meant to ensure monetary and f..

BUSD — Binance and Paxos Stablecoin Latest to Get US Regulator Consent

Analysis Over the course of the past few weeks, the global cryptocurrency community bore witness to two major announcements related to stablecoins — with the first being the launch of Paxos’s gold-backed Ethereum token, PAX Gold (PAXG), and the other being the release of Binance’s cryptocoin backe..

Blackstone CEO: Blockchain Is Good But ‘Odd’ for Creating Money

News Blackstone CEO Steve Schwarzman, one of the world’s richest people, likes blockchain but thinks that applying it to money is odd. “Someone needs to control currencies”In a Fortune interview on Sept. 17, Schwarzman expressed his negative stance to Bitcoin, explaining that building money using ..

$250K Bitcoin Price Prediction Is Now ‘Conservative,’ Says Tim Draper

News Major Bitcoin (BTC) bull Tim Draper now thinks that his own prediction that BTC price will hit $250,000 by 2022 may be understating the power of Bitcoin. BTC price to grow with adoptionIn an interview with crypto news network Blocktv on Sept. 13, the famous American venture capital investor h..

Europol Shuts Down Counterfeiting Ring Which Sold $1.44M for Bitcoin

News Portuguese police and Europol have seized funds worth €70,000 ($77,200) in what they describe as one of the most advanced counterfeiting operations ever seen. €1.3M fake notes sold since 2017As Brazilian daily news outlet Sputnik and others reported on Sept. 10, law enforcement succeeded in ..

Marshall Islands Launches National Crypto With ‘Fixed Supply’

News The Marshall Islands has issued a national blockchain-based currency in a bid to “finally acquire monetary independence in a way that reflects Marshallese values.” The issuance of the Marshallese sovereign (SOV) was announced in an essay by The Honorable David Paul — Minister In-Assistance to..

Report: No Bank Account Needed to Transfer China’s Upcoming CBDC

News Binance Research, the research arm of the major crypto platform Binance, has reported that no bank account will be necessary to use China’s Central Bank Digital Currency (CBDC). Loose coupling and anonymityBinance Research shared its findings on Aug 28. According to the report, China’s CBDC w..

Dharma Announces Closed Beta for Version 2 of Lending Platform

News San Francisco-based crypto lending and borrowing firm Dharma has announced the start of a closed beta for a new version of its platform. Upcoming changes and short-term timelineDharma announced its new platform iteration in an official blog post on Aug. 29. According to the announcement, Dhar..

Circle CEO Says Tokenized Fiat Currencies Are on the Horizon

News Jeremy Allaire, the CEO of blockchain-based, crypto-inclusive money transfer company Circle, said that the firm has long held that major fiat currencies would eventually be tokenized. Significant digital currenciesIn an interview on Aug. 21 on the podcast Global Coin Research, Allaire said th..

Get in touch