2021-3-29 11:52 |
Visa’s partners will be able to exchange USDC over the payment network to clear transactions made in fiat currency.
Similar to Notcoin - Blum - Airdrops In 2024
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Herman Neglyad, the deputy of the Russian anti-money laundering body, Rosfinmonitoring, has said his organization will monitor cryptocurrency transactions that involve the conversion from crypto to fiat.
2021-3-28 05:30 | |
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Alex Mashinsky is the CEO and founder of Celsius, the platform that lets you earn interest on your crypto and use it as collateral to get fiat loans. Celsius offers a platform of curated services that have been abandoned by big banks – fair interest, zero fees, and fast transactions.
2021-3-17 02:20 | |
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If a person has purchased cryptocurrencies with USD, such a transaction is not reportable to the Internal Revenue Service (IRS), clarifies the updated FAQ on Virtual Currency Transactions on the official website.
2021-3-4 21:08 | |
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The United States Internal Revenue Authority (IRS) has updated the FAQ section on cryptocurrencies. A report unveiled this news on March 3, noting that the update exempts individuals that purchased crypto using fiat currencies and had no other crypto transactions in 2020 from reporting such transactions under the virtual currency question.
2021-3-4 17:20 | |
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In today’s complex financial world, having well-regulated and accessible tools for using both fiat currencies and cryptocurrencies is important. As a modern new trading exchange, CoinZoom is helping to facilitate the functionality that’s going to define tomorrow’s world of frictionless financial transactions.
2021-2-12 17:56 | |
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Not surprisingly, the Ryuk ransomware requires payment in bitcoin. Naturally, as all transactions are public, this attracts the attention of the police. To get law enforcement off their tail, Ryuk needs to launder money into fiat.
2021-1-9 21:28 | |
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An unknown bitcoin whale has moved the largest fiat value bitcoin sum in history. The transfer moved 88,857 BTC worth $1. 16 billion from a Xapo wallet to an unknown one. Data from Blockchain. com shows that the whale moved the sum across two transactions of 43,185 BTC and 45,671 BTC respectively.
2020-10-28 16:24 | |
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Once dismissed as a fad, cryptocurrencies are now a widely used alternative to fiat currencies. Although virtual assets such as Bitcoin, Ethereum, Tether, and Litecoin remain a controversial choice, more than 50 million people around the world currently use Blockchain wallets for a range of online transactions – and that number is growing quarter by […]The post Where Can You Use Cryptocurrencies? appeared first on CaptainAltcoin.
2020-8-27 17:13 | |
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BCB Group, a digital asset financial services group, today announced the launch of BLINC, one of the first real-time payments networks of its kind to allow free, real-time transactions across fiat and digital currencies.
2020-7-27 15:38 | |
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Tether (USDT) is one of the most stable and fastest-growing cryptos. Unlike other coins, they are preferred in many transactions because of their premises. Find out all you need about the crypto in thThe post Tether: The Bridge of Crypto and Fiat appeared first on AMBCrypto.
2020-6-26 18:30 | |
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Perhaps one of the biggest steps in promoting cryptocurrency use within the private sector is the integration of cryptocurrency-related services into mainstream platforms. This first glimpses of this came with Cash App and PayPal allowing the withdrawal of fiat transactions from Coinbase in 2016.
2020-6-25 11:45 | |
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Thousands of cryptocurrency over-the-counter merchants and their clients may have been affected as police in China freeze bank accounts over tainted crypto and fiat assets.
2020-6-8 11:34 | |
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International payments processor Visa won a patent describing a digital currency protocol on May 14. The system works on a private blockchain and uses native tokens to facilitate transactions. Good for Crypto? As Forbes reported, the Visa blockchain would feature native “digital dollars” and other central bank-issued fiat currencies.
2020-5-15 17:00 | |
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Cryptocurrencies have been around for more than a decade, so you’d think that banks would have come to terms with fiat money’s chief rival by now. Even Jamie Dimon, chief executive of JPMorgan, the largest U.
2020-5-5 00:20 | |
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The idea of a central bank digital currency (CBDC) has been under consideration by central banks across the globe ever since cryptocurrencies such as Bitcoin started gaining popularity. As a precursor to implementing such a nationwide digital currency, central banks across the globe have two options: bar all cash transactions or allow the general population […] The post Could Central Bank Digital Currencies Ever Replace Fiat Money? appeared first on BeInCrypto.
2020-3-23 23:05 | |
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Anonymity is one of the key characteristics of cryptocurrency transactions. With KYC, AML and other procedures in place, major identity problems have risen while converting crypto to fiat and back.
2020-2-20 18:30 | |
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Kraken, the popular cryptocurrency exchange company, today announced a new tool designed to boost ease-of-use for its growing OTC user base, an automated Request For Quote (RFQ) dashboard. Starting tomorrow, Feb 13th at approximately 17:00 UTC, OTC customers will be able to: Request quotes for buy/sell orders directly from the dashboard for all fiat and […] CryptoNinjas: Kraken unveils fresh user interface for OTC bitcoin transactions
2020-2-13 20:57 | |
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Cryptocurrency transactions in Ukraine will be strictly monitored by the state, although the country’s finance minister admits that it’s not digital coins but fiat cash that criminals and corrupt officials are more likely to use.
2020-1-27 17:00 | |
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Monerium which is regulated to offer e-money in the European Economic Area (EEA), is teaming up with Algorand in a non-exclusive partnership deal to introduce fiat money transactions within the Algorand blockchain platform, CoinDesk reports.
2020-1-22 00:03 | |
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Monerium, which has a European Economic Area e-money license, will bring fiat currency transactions onto Algorand's protocol.
2020-1-21 15:00 | |
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Alchemy, an Asia-Pacific based fiat/crypto hybrid payments company, announced it has partnered with GAP600, a provider of instant confirmation bitcoin and crypto transactions to enhance user experience.
2019-12-18 20:48 | |
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The Cardano price has likely made a long-term bottom. The ADA price close on November 29 will likely indicate whether an upward move has already begun. On November 28, the Cardano foundation announced that it is releasing Adapay.
2019-11-30 00:25 | |
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Reports show that fiat currency is still the favorite choice for money laundering, with 2–5% of all transactions being illicit, yet regulators ferociously attack AML policies
2019-11-13 14:50 | |
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Ripple's team today substantiated on CEO Brad Garlinghouse's claim that a typical XRP payment has one-tenth the volatile exposure of cross-border transactions. Breanne Madigan, Head of the Global InstThe post XRP is 1/10th as volatile as fiat for cross-border transactions: Ripple appeared first on AMBCrypto.
2019-11-1 12:28 | |
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Many consider data transparency the foundation of truth. It gives people access to information and an opportunity to form their own, unbiased opinions. At Ripple, we provide transparency about Ripple’s sales of the digital asset XRP through our quarterly reporting, and we continue to find other ways to share new useful data and insights about … Continued The post Do the Math: XRP is One Tenth As Volatile As Fiat for Cross-Border Transactions appeared first on Ripple.
2019-11-1 20:29 | |
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This week, popular crypto exchange Binance revealed that it added two new fiat on-ramps for Chinese customers to buy Bitcoin, through popular peer-to-peer platforms Alipay and WeChat. But just as word had begun to spread of the new addition to the world’s crypto market leader, Alipay is now refuting the claim and says that it.
2019-10-11 21:00 | |
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On Oct. 9, a Binance user took to Twitter to wonder if “Binance now accepting fiat on-ramp with Alipay and Wechat pay?” To this, Changpeng Zhao, the CEO of the largest cryptocurrency exchange confirmed that users can make use of the payment services to make Bitcoin-related transactions. Some confusion by some news outlets. @Binance is […]
2019-10-10 18:19 | |
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The move opens the exchange to peer-to-peer (P2P) crypto transactions from China.
2019-10-10 19:00 | |
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Ripple CEO, Brad Garlinghouse has been pioneering global crypto adoption via Ripple- traditional bank partnerships to enable faster cross border payments. While speaking about Ripple’s recent accomplishments at the Economic Club Of New York, the innovator explained how the XRP Ledger has been created to solve Bitcoin’s scalability issues.
2019-10-9 07:30 | |
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Ripple has been actively pushing its technology using the digital asset, XRP in the traditional market. With traditional money transfer companies like MoneyGram adopting XRP, XRP/MXN volume saw a noticeable spike on Bitso by 25%.
2019-10-6 17:00 | |
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Bitcoin proponents are raising awareness of fiat currency alternatives for Zimbabweans after the country’s central bank suddenly banned a popular payment option. Central Bank Halts Mobile Cash Overnight As local news outlet TechZim reported on September 30, the Reserve Bank of Zimbabwe (RBZ) has shut down so-called cash-in, cash-out transactions.
2019-10-1 19:00 | |
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France has welcomed cryptocurrency investments by announcing that crypto to crypto transactions will be tax-exempt, and necessary taxes will be applied only when selling crypto for fiat currency. According to Bloomberg Tax, France will also introduce a value-added tax (VAT) for transactions where crypto is directly used to purchase goods and services, September 12, 2019.
2019-9-13 17:00 | |
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Bitcoin’s immutable transparency and anonymity, while enabling a gateway for uncensored transactions, allows analysts to identify unique trends within the ecosystem. Given the ongoing war between crypto-adoption and regulatory requirements, blockchain analysis company Elliptic published an MIT-IBM Watson AI Lab-funded paper to detect various anomalies around illegal Bitcoin transactions.
2019-9-13 03:53 | |
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French economy minister Bruno Le Maire stated that crypto-to-crypto trades will be tax-exempted. According to the report shared by Bloomberg, “France will tax cryptocurrency gains when they’re converted into “traditional” currency, but crypto-to-crypto transactions remain tax exempt.
2019-9-12 16:48 | |
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Seed CX subsidiary launches settlement service for crypto derivatives - CryptoNinjas Zero Hash, a digital asset and fiat currency custodian, calculation agent and settlement service from Seed CX, today announced the successful launch of support for derivatives, providing participants the ability to settle bilateral derivative transactions.
2019-9-12 19:11 | |
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Bitcoin is one of the first cryptocurrencies being used for making fast transactions by cash, check, wiring, and buying or selling of goods and services. Many people worldwide, for instance, have considered using Bitcoins as an alternative for fiat currency.
2019-7-31 11:32 | |
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Blockstream brings Tether (USDt) to Liquid Network blockchain » CryptoNinjas Blockstream, the bitcoin, and blockchain development company, today announced it has integrated Tether on its Liquid Network.
2019-7-29 20:10 | |
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Many big-league players have started sorting through improved alternatives for fiat and cryptocurrency transactions. Recently, PayPal followed suit by launching its own mobile payments app, Xoom, in an apparent attempt to compete with Ripple.
2019-7-17 21:30 | |
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Traveling is getting easier with the wider spread of cryptocurrencies. They can often prove more convenient than fiat money in cross-border payments, transfers and transactions. If you plan to visit the African continent, you can now use the services of a travel agency called Riddell Travel that’s willing to accept bitcoin cash for its services.
2019-6-22 16:45 | |
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temtum, the next generation payments network designed to solve inherent problems with existing cryptocurrencies 2019, London, UK – Following the completion of its Temporal Blockchain and mainnet solution, temtum (TEM) will see the next generation cryptocurrency deliver feeless, instant transactions, backed by a highly scalable and quantum secure network.
2019-6-7 21:03 | |
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Among the many benefits of cryptocurrency over fiat currency, privacy is certainly one of them. Most fiat currency transactions done over the internet can very easily be traced and both the sender and receiver of such funds can be fairly easily identified.
2019-6-4 18:46 | |
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Bitcoin’s benefits over fiat unexpectedly hit the spotlight again May 31 after cryptocurrency exchange Binance generated a giant transaction while moving funds. Bitcoin Moves Half A Billion In Minutes Data from Whale Alerts, which monitors transactions on cryptocurrency blockchains, initially worried commentators after showing a series of transactions worth over $500 million.
2019-5-31 22:00 | |
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A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against Bitcoin. One of the earliest criticisms of Bitcoin was that the underlying token in the system had no intrinsic value.
2019-6-4 23:41 | |
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A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against Bitcoin. One of the earliest criticisms of Bitcoin was that the underlying token in the system had no intrinsic value.
2019-5-31 23:41 | |
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What is Aryacoin? Aryacoin is a new cryptocurrency that was designed to facilitate the peer-to-peer transfer of money through digital means, similar to how Bitcoin and Litecoin work. The difference, however, is that the AYA cryptocurrency was created to have real world use cases.
2019-5-31 23:08 | |
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By CCN: 2gether, based in the EU, announced today that it’s launching a Visa debit card which will enable users to convert crypto to fiat via ATM quickly. The card itself doesn’t charge a fee to make these transactions, but there is a fee involved in exchanging the crypto and whatever fees the ATM itself may charge.
2019-5-24 13:49 | |
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Bitcoin is a peer-to-peer payment system created in 2009. It is the first open source digital currency, managed by an open source software algorithm that uses the global internet network both to create the Bitcoins as well as to record and verify transactions.
2019-5-15 01:47 | |
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On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies.
2019-5-11 21:34 | |
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By CCN. com: Bitcoin played a role in staging the Easter Sunday suicide bombing in Sri Lanka that killed 253 civilians, according to Israeli blockchain intelligence firm Whitestream. The agency revealed that the ISIS used Canada-based payment gateway CoinPayments to convert bitcoins to fiat money.
2019-5-2 11:02 | |
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Circle, the issuer of US dollar pegged stablecoin USDC, and Binance, the world’s largest cryptocurrency exchange by user and trading volume, have announced a groundbreaking partnership. The companies revealed the strategic partnership on December 11 at the Abu Dhabi Finance Week.
Sui, the layer-1 blockchain platform, has seen its native token’s value rise to a new all-time high of $4.40, with gains of over 16% in the past 24 hours. The blockchain network, which has witnessed significant growth across its DeFi, gaming, and real-world assets ecosystems, ranks as the 20th largest cryptocurrency by market. Per CoinGecko […]
TruthFi is expected to be a crypto payment and trading service although no official announcements have been made.
MiCA will finally give crypto firms in Europe clear rules of the road to follow — but it could potentially threaten the dominance of the world’s biggest stablecoin issuer. December 30 is shaping up to be a big day in…
As Ripple tests the waters with its new stablecoin project, the broader crypto market is currently experiencing a sharp rise in liquidity, particularly driven by stablecoins. Notably, Ripple is on the verge of penetrating the stablecoin space with the introduction…
In a pivotal decision, the High Court of Justice for England and Wales has officially recognized Tether’s USDT, the world’s largest stablecoin by market capitalization, as property under English law.
Brazilian Nubank has abruptly halted trading of its Nucoin cryptocurrency, citing a need to protect users from potential market volatility. Digital fintech Nubank is closing its cryptocurrency, suspending immediately all trading within its app. In a Sept. 10 blog post,…