2023-5-18 05:00 |
The Australian digital dollar was used in a trade for a U.S. dollar stablecoin using an Ethereum layer 2 blockchain.
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Circle CEO Jeremy Allaire said the U. S. Congress shouldn’t miss the opportunity of using the stablecoin bill to strengthen the dollar’s competitiveness and safety. In an April 25 Twitter thread, Allaire noted that the earlier draft of the stablecoin bill included provisions that would strengthen the U.
2023-4-26 13:15 | |
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Non-corporate clients will no longer be able to make dollar deposits or withdrawals using the crypto-focused bank, according to a report.
2023-3-2 22:40 | |
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The Federal Reserve Bank of New York said in a February 9 report that Bitcoin performs more kin to a precious metal like gold but warns that it can never replace the US dollar due to volatility. Using a quantitative methodology known as principal components analysis, the researchers examined the price of Bitcoin around intraday changes […] The post New York Fed says Bitcoin shares most features of ‘a store of value’ appeared first on CryptoSlate.
2023-2-10 01:27 | |
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The traditional-finance giant cites billions in benefits from using distributed ledger technology
2022-11-30 16:00 | |
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2022-11-21 22:12 | |
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According to the latest news reports, the Federal Reserve Bank of New York and the Global banking giants are initiating a 12-week digital dollar pilot dubbed proof of concept (POC). The pilot aims to test the viability of using tokens…
2022-11-16 02:00 | |
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In this episode of NewsBTC’s daily technical analysis videos, we examine yesterday’s perfected TD9 buy setup in Bitcoin and other potentially bullish signals. We also compare BTC against the dollar using the DXY Dollar Currency Index.
2022-9-23 00:18 | |
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The NZDS is a New Zealand Dollar stablecoin backed 1:1 with physical New Zealand Dollars in cash and cash equivalents. NZDS was launched in March 2021 by Techemynt, a registered New Zealand Financial Services provider, using the FiatToken framework developed by Centre that is the basis for USD-Coin (USDC).
2022-7-13 02:00 | |
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The bullish outlook appears as the Russian central bank imposes stricter capital controls on its citizens, including a ban on using rubles to buy the U.S. dollar.
2022-3-15 18:45 | |
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Using the OSI model helps us understand fiat architecture and how to scale a network like Bitcoin to replace it.
2022-1-24 23:00 | |
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Two more Eastern Caribbean nations have begun using the DCash system, which allows payments and transfers of the digital EC dollar CBDC.
2021-12-9 08:41 | |
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The call came right after Facebook launched its digital wallet Novi through which it will “offer free person-to-person payments” that will ultimately use stablecoins Diem, pending regulatory approval.
2021-10-20 15:57 | |
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Against the overall market downturn from the global pandemic, China’s pet food industry bucked the trend with notable growth. It was valued at USD 1.082 billion in 2020, and it...
2021-8-16 10:58 | |
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Two companies owned by one individual are shut down after misappropriation and misleading presentation, including "cryptocurrency app"
2021-7-20 13:00 | |
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According to Paypal cofounder Peter Thiel, the Chinese government, which detests the U.S. dollar’s reserve currency status, could be using bitcoin as a financial weapon against the U.S. While he concedes that China has no intentions of making the yuan renminbi a reserve currency, Thiel still thinks the Asian country may have longed bitcoin because […]
2021-4-9 10:30 | |
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Michael Miebach, the CEO of Mastercard, recently shed light on how Mastercard will include crypto in its network. Embracing CBDCs In an interview with Bloomberg’s Emily Chang, the CEO stated that the company would enable its clients to transact using Bahamas digital currency Sand Dollar.
2021-2-19 00:00 | |
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A partnership between the Bahamas Central Bank, Mastercard, and Island Pay will enable people to spend Sand Dollar using prepaid Mastercard. The Bahamas Sand Dollar, which is the world’s first central bank digital currency (CBDC), can be used at any outlet that accepts Mastercard.
2021-2-18 13:41 | |
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Gold bug and bitcoin opponent Peter Schiff says the U.S. government’s actions in the past 78 years are partly responsible for the massive depreciation of the U.S. dollar. Using a medical bill from 1942 to illustrate the extent of the dollar’s decline, Schiff says the $70 paid to foot hospital expenses that year was equal […] The post Peter Schiff Blames Government for the Massive Dollar Depreciation — Still Refuses to Accept BTC is Digital Gold appeared first on Bitcoin News.
2020-12-14 12:30 | |
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Nefarious parties are using flashloans in conjunction with stablecoins to steal DeFi funds from platforms.
2020-11-17 23:54 | |
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Belarusbank, the largest bank of Belarus, is the latest one to announce that it will provide its customers the opportunity to buy and sell cryptocurrencies using Visa payment cards. According to a recent report, the crypto trading service will be allowed against the fiat currencies, including the Belarusian ruble, the euro, and the US dollar.
2020-11-16 15:41 | |
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China Construction Bank (CCB), one of the country’s “big four” financial players, is planning to raise up to $3 billion from a sale of bonds that individuals and institutions can trade in and out of using Bitcoin and the US dollar, financial publication WSJ reported Wednesday.
2020-11-12 14:06 | |
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Swiss Bank InCore has just become the first banking institution in the nation to provide banking services to Kraken crypto exchange. The deal, which was made public on Friday, will allow Kraken clients to finance their trading accounts using four different currencies – British pound, Swiss franc, Canadian Dollar, as well as the euro. InCore […]
2020-7-4 21:06 | |
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A New Zealand born software engineer, Sam Blackmore is the CEO and co-founder of Vimba, a platform that makes it easy for users to save Bitcoin using an automated dollar cost average strategy.
2020-6-16 08:45 | |
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The filing details a way for fiat currencies, like the U.S. dollar, to be turned into a central bank digital currency.
2020-5-15 16:02 | |
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Ryan Sean Adams, founder at Mythos Capital, made a case for a trillion dollar Ethereum market cap. And it’s all about decentralized finance (DeFi). DeFi refers to decentralized applications or platforms that allow investors to engage in traditional financial services by using Ethereum as collateral.
2020-1-20 13:14 | |
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Binance’s fiat gateway partner now allows users to buy crypto with credit cards using Japanese yen and the Canadian dollar
2019-12-11 23:25 | |
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A press release from December 3rd says the new currency comes as a start of a wider initiative to help the fintech sector develop. It will be introduced at the symposium held by the DVI Digital Economy, and function as a stablecoin 1:1 pegged to the US dollar. The BVI have been using the US […]
2019-12-4 01:48 | |
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Today, November 26, 2019, KuCoin, an IDG-backed crypto exchange, and fiat on-ramp service, Banxa, announced a strategic partnership to launch instant fiat to crypto conversions for all KuCoin users.
2019-11-26 12:00 | |
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There are a number of sound investment strategies a crypto investor may choose to gain exposure to Bitcoin and other cryptocurrencies, depending on important factors such as risk appetite or income level.
2019-11-26 22:00 | |
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Messari’s Founder Ryan Selkis published a report accusing Ripple of using its RippleWorks charity foundation as a tax shelter. A public balance sheet for fiscal year 2018 shows that the affiliated entity did not grant a single dollar to other charities, though this appears to be a nuanced matter.
2019-11-21 23:22 | |
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By trading oil using its own currency, ISIS planned to destabilize the US economy by forcibly decoupling the dollar from the oil business.
2019-10-7 23:53 | |
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Former employees of JP Morgan, Intel, and TrustToken have come together to start a new firm and have released a new stable coin called USD Digital (USDD) token, backed by US Dollar. However, the new stable coin has a twist to its business model, where the institutions using the token would share the revenue. The […]
2019-10-1 20:42 | |
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As the multi-billion dollar OneCoin cryptocurrency pyramid scheme continues to tumble, news of witnesses set to testify against the scam’s perpetrators are now coming to light. According to Finance Feeds, employees of the Bank of Ireland have been asked to testify in the case against Mark Scott, one of the alleged figureheads of the $3 billion-plus OneCoin scam.
2019-9-30 17:30 | |
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Ex Federal Reserve senior official, Simon Potter, has rebutted against Mark Carney’s recent suggestion to introduce a digital currency to be used as the global reserve currency for international settlement.
2019-9-26 19:00 | |
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USA’s fourth-largest bank has announced it will develop its own cryptocurrency for international transfers in 2020. United States’ 3rd Largest Bank Reveals Wells Fargo Coin In a press release on September 17, Wells Fargo said its new remittance platform would form an international payment network based on what it describes as “distributed ledger technology” (DLT).
2019-9-17 16:32 | |
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Crypto exchange COSS adds fiat gateway - CryptoNinjas Singapore based COSS digital asset exchange, has now announced the addition of fiat on and off-ramps, with support for multiple fiat currencies.
2019-9-11 16:01 | |
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Investments in XRP has dwindled dramatically in 2019, indicating that not many are using the crypto-asset for its intended application: that of behaving as a bridge between fiat currencies for cross-border payments.
2019-8-30 12:09 | |
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The Bitcoin Cash network recently launched its first stablecoin, Honestcoin (USDH), created by the Honestnode team using the simple ledger protocol (SLP). The stablecoin is backed by the U. S. Dollar with a ratio of 1:1, and the Honestnode team is reportedly working on improving the stablecoin’s use-cases.
2019-7-24 01:30 | |
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According to a video published by VoaZimbabwe on July 18, 2019, Zimbabwe citizens are using bitcoin as a decentralized store of value to shelter from the reckless monetary policy adopted by the government.
2019-7-19 09:00 | |
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After the country banned the settlement of transactions using foreign currency including the US dollar and the British pound, demand for bitcoin has soared as individuals look to fill the financial gaps left behind by the ban.
2019-7-11 00:05 | |
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In a press release issued on June 19, 2019, the United States Department of Justice (DoJ) unsealed a complaint against a Swedish citizen named Roger Nils-Jonas Karlsson and his company, Eastern Metal Securities (EMS), for orchestrating a multi-million dollar investment scam using bitcoin.
2019-6-21 21:00 | |
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The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price.
2019-6-4 19:03 | |
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Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets.
2019-5-22 23:02 | |
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Payment platform Flexa has announced the launch of SPEDN, an app that allows users to make purchases with cryptocurrencies at a variety of brick-and-mortar stores.
2019-5-13 21:12 | |
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Your Personal Data is Worth Millions Every person around the world continues to freely offer up their personal data to the companies and services that they use everyday, whom in turn sell that data for millions to businesses that then market and advertise to you.
2019-5-14 20:33 | |
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By CCN: There’s no shortage of possible catalysts behind the spike in the bitcoin price is. You can now add Jeff Bezos’ Amazon to the list. Whole Foods, which is owned by the e-commerce behemoth, is now accepting bitcoin as a payment method.
2019-5-13 19:35 | |
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Yet another organization thought to be tied the multi-billion dollar cryptocurrency Ponzi scheme OneCoin has been uncovered. Central Bank of Samoa (CBS) has named the Samoa Worship Centre as being used as a front in the $3 billion OneCoin scam which promised unrealistic returns for investing in a fake cryptocurrency.
2019-4-26 15:16 | |
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According to a Bloomberg report published April 24, 2019, an increasing number of companies are using blockchain technology to track the supply chain of valuable minerals like gold, tin, tungsten, and tantalum, among others.
2019-4-25 19:00 | |
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Online banking platform Cashaa is set to allow users to purchase bitcoin, ether and Cashaa’s own token, CAS, using major credit and debit cards. This new service is a follow-up to the Business Banking Services Cashaa launched earlier in April 2019, which allows both individuals and private firms to open accounts with Cashaa and accept cryptocurrency payments.
2019-4-24 01:08 | |
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Simple “engagement” isn’t enough. Banks need to start experimenting with tokenization and blockchain-powered settlement, or risk getting left behind, says Sygnum Bank’s Lucas Schweiger.
Wrapped assets introduced a wave of DeFi innovation that cross-chain protocols are looking to take forward.
Binance Holdings Ltd. has been ordered to pay $4.3 billion as part of a plea deal approved by US District Judge Richard Jones, marking one of the heftiest criminal penalties in US history.
Binance.US attorney Matthew Laroche has asked a federal judge to consider ending the SEC’s investigation for potential fraud.
JPMorgan analysts believe that Binance’s $4.3 billion settlement stabilizes the crypto market and mitigates systemic risk.
The Department of Justice (DoJ) is scheduled to publicly disclose a resolution with crypto’s largest exchange Binance following news of a multi-billion settlement and major enforcement actions from regulators.
Two of the founders of crypto options platform Opyn are stepping down from leadership roles to pursue other aims, but Opyn will continue under new leadership.