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Owning Fiat Just Got More Expensive – NIRP Strikes Again
With the recent Union Bank of Switzerland (UBS) announcement that even more customers will be charged to hold money in their banks, people are scrambling to find ways to preserve their wealth, while USB and others scramble to dam the losses resulting from national negative interest rate policy (NIRP). дальше »
2019-8-8 13:00 | |
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Earn Rewards by Holding Dukascoin, the Crypto from the First Decentralized Swiss Forex Bank
Cryptocurrency, as a medium of exchange and holding value, offers great benefits over traditional fiat. In the decade it has been formed, cryptocurrencies have faced resistance from the banking and regulatory sector. дальше »
2019-8-1 13:24 | |
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Poloniex now supports crypto-trading using bank accounts, debit and credit cards
The US-based cryptocurrency exchange, Poloniex, had previously allowed its users to perform margin trading and did not deal with fiat currencies. However, in a recent development, the Delaware-based cryptocurrency exchange platform has revealed enabling fiat to crypto trading on its platform. дальше »
2019-7-10 15:30 | |
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President Maduro Orders Petro Transaction Desks to be Opened in Venezuelan National Bank
There is significant use of cryptocurrencies by people in first world countries for the purposes of paying for goods and services as an alternative to fiat currency and also as an investment tool. There is, however, also the use of cryptocurrencies in countries are struggling with inflation and various financial issues as not just an […] дальше »
2019-7-5 21:17 | |
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Banking license is best way to rob a bank, says Andreas Antonopoulos as he questions fiat establishment
Leaders across the crypto-ecosystem have been known to openly voice their opinion, often clearing the fog left by the mainstream media. With media attention getting stronger, crypto-technologists such as Andreas Antonopoulos have made more attention to shed light on the true aspects of the market. дальше »
2019-7-2 13:00 | |
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Side Effects of Economic Growth: Is Snowden Right to Say Bitcoiners Shouldn’t Be Bankers?
Growth is a goal that’s worth achieving, in most cases, and the current economic paradigm favors it. But when central banks start undermining their fiat economies and crypto companies begin to mimic financial institutions in its name, growth becomes an end in itself with self-destructive tendencies. дальше »
2019-7-2 21:15 | |
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Goldman Sachs might launch its own ‘cryptocurrency’ – just like JP Morgan
American banking giant Goldman Sachs might be following in the footsteps of its competitor JP Morgan. The bank is considering launching its own cryptocurrency. In an interview with French financial newspaper Les Echos today, Goldman Sachs CEO David Solomon said that they are doing extensive research on the concept of “tokenization. дальше »
2019-6-29 16:09 | |
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Dukascash Stablecoin Launches by Swiss Bank Dukascopy, Backed by Three Fiat Currencies
Reports circulated yesterday that the Swiss SIX Stock Exchange was encouraging the local central bank to launch a stablecoin that could be used within their country. Between that encouragement and the recent changes to the Libra whitepaper, it is clear that the market desires another stablecoin, and the Dukascopy Swiss bank is listening. According to […] дальше »
2019-6-28 00:24 | |
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Australian Central Bank Doesn’t Expect Bitcoin To Hit Mass Adoption Due To Payment Fees
The Reserve Bank of Australia has ruled that Bitcoin and other cryptocurrencies don’t threaten Aussie dollars or other forms of fiat payment. After a review on cryptos, they think it’s “difficult to envisage” an outbreak of Bitcoin users in the country. дальше »
2019-6-23 01:23 | |
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BTC’s existential limitations the primary reason for rise of altcoin universe?
Going against the tide of crypto adoption, Australia’s central bank published a comprehensive report aimed at glorifying their domestic fiat against Bitcoin. The primary argument made by the Reserve Bank of Australia (RBA) was related to the network speeds, scalability and mining costs of Bitcoin, although the ultimate focus was on flaunting Australia’s fiat network’s current performance. дальше »
2019-6-21 22:00 | |
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Australia’s Central Bank: It’s ‘Difficult’ to Imagine Mass Adoption of Bitcoin
By CCN Markets: After ten years, the Reserve Bank of Australia has decided that Bitcoin and other cryptocurrencies don’t pose a threat to Aussie dollars or other forms of fiat payment. The RBA concludes, after reviewing everything it knows about cryptocurrency, that it’s “difficult to envisage” an outbreak of Bitcoin users in the down under. дальше »
2019-6-21 10:55 | |
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Bitcoin Trading Popularity Spooks Malawi Central Bank Warning Against Cryptocurrency
By CCN: The governor Reserve Bank of Malawi (RBM) has warned that cryptocurrencies are not legal tender and should not be used in place of the legal fiat currency, the Malawi Kwacha. According to local media, Dr. дальше »
2019-5-30 11:40 | |
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New Digital Fiat Currency System in Development by the Central Bank of the Bahamas (CBOB)
The Bahamas is known as a place of luxury to tourists, and a recent announcement from the Nassau Guardian indicates that the Central Bank of the Bahamas is making the environment more friendly. Reported on May 29th, the CBOB will be starting the development of a digital fiat currency system, starting with an official agreement […] дальше »
2019-5-30 00:07 | |
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Bibox Europe Official Launch on Track, Raises Equity Investment from a Global Top-10 Bank
Bibox, the AI-enhanced encrypted digital asset exchange has announced plans to cater to European customers with the upcoming launch of Bibox Europe. Equipped with the necessary license in Europe, the company will be opening doors to the public as a fully regulated Blockchain Financial Service Institution. дальше »
2019-5-21 19:31 | |
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The Digital Euro Wallet Designed by Leading Crypto Currency Exchange Globitex
Launched in February of 2019, the Euro Wallet provides the financial market with an unrivaled solution to crypto exchange transfer speed. An efficient alternative that no bank can provide, transferring cryptocurrencies between exchanges, individuals and into FIAT has never been simpler. дальше »
2019-5-21 19:05 | |
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Bibox Europe Gives Coinbase Competition; Offers Fiat On-Ramp for Traditional Investors After Equity Backing from Top Bank
Bibox Europe (Bibox EU) secured full regulatory compliance, allowing it to offer cryptocurrency offerings linked to the world of traditional finance.
дальше »2019-5-20 18:32 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies
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. дальше »
2019-5-11 21:34 | |
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Bitcoin is Better! Aussie Bank Note Typo Highlights Inferiority of Fiat
The Reserve Bank of Australia has spent most of the day wiping proverbial egg off its face today as it emerged that the latest run of A$50 notes it has printed has a rather embarrassing typo on them. дальше »
2019-5-10 00:00 | |
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Bitfinex “Bank Run”, Users Can’t Withdraw FIAT – Is The Collapse Coming?
Several users have posted about being unable to withdraw their funds from the platform, and not ever receiving their… The post Bitfinex “Bank Run”, Users Can’t Withdraw FIAT – Is The Collapse Coming? appeared first on Invest In Blockchain. дальше »
2019-5-8 10:15 | |
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‘Shut Down Cryptocurrencies’ Says Joseph Stiglitz As Fiat Markets Tumble
Two of the world’s most infamous Bitcoin naysayers hit the headlines for the wrong reasons yet again May 6 amid global financial market turmoil. Stiglitz: Crypto Attention ‘Disturbed Me’ As stocks plummeted on the back of fresh threats of a US-China trade war, Joseph Stiglitz, the former World Bank head who has recently become known for his distaste for cryptocurrency, said the whole phenomenon “should be shut down. дальше »
2019-5-6 20:00 | |
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Bitspark’s blockchain money transfer web platform goes live
CryptoNinjas Bitspark, a blockchain powered money transfer ecosystem, has announced the live launch of the beta version of its new web platform enabling people to easily deposit cash, cryptocurrency or via bank transfer and exchange money using stablecoins in eight major national fiat currencies (USD, GBP, SGD,. дальше »
2019-5-3 07:53 | |
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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General
Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses. дальше »
2019-5-1 01:22 | |
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Five Years in the Making, Bisq Exchange Launches Its Bitcoin DAO
Decentralized autonomous organizations (DAOs) are one of crypto's more novel and ambitious applications — one that Bitcoin, until recently, has had nothing to do with. дальше »
2019-4-19 18:33 | |
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Domi ICO
Domitai is a Cryptocurrency Exchange in Mexico, a trading platform for digital and traditional currencies between users. Our mission is to change the way commerce and financing is done in Mexico, and work to become one of the top financial institutions in Latam and Worldwide. дальше »
2019-4-15 06:03 | |
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Nimiq Acquires 9.9% of WEG Bank AG in Crypto Strategic Partnership
Acquisition To Revolutionize Fin-Tech For Crypto-to-Fiat Transfers? Nimiq recently announced their partnership with WEG Bank AG and Agora. Trade to create a groundbreaking crypto-to-fiat bridge. This strategic collaboration has been further strengthened by Nimiq acquiring a 9. дальше »
2019-4-7 10:44 | |
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Central banks looking to cryptocurrency to replace cash
A central bank digital currency (CBDC) would see central banks distribute digital money which could be redeemed for their respective domestic fiat currencies. In the case of an American CBDC, this would be the US dollar or in Russia, this would be a “Cryptoruble. дальше »
2019-4-6 12:00 | |
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Puerto Rico Approves Combination Bank for Fiat and Digital Assets
The San Juan Mercantile Bank & Trust International (SJMBT), a new bank in Puerto Rico catering to cryptocurrency traders, is now fully operational. SJMBT announced its receipt of all appropriate licensing from Puerto Rican regulatory officials to begin offering “fiat and digital asset custody and settlement services,” which are “to be integrated with the trading platforms offered by its affiliate, the San Juan Mercantile Exchange (SJMX). дальше »
2019-4-3 00:47 | |
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Lambo, Land Rovers taken during $22M ICO fraud investigation
In Canada, authorities have seized luxury cars and frozen bank accounts owned by the ringleaders of FUEL, an allegedly fraudulent $22-million initial coin offering (ICO) from 2017. Court documents claim “blockchain services company” Vanbex raised $22 million (CAD$30 million) in cryptocurrency and fiat by with absolutely no intention to develop the FUEL token, reports CoinDesk. дальше »
2019-4-1 17:04 | |
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Android Malware Attacking Cryptocurrency and Bank Apps
Gustuff, a vicious Trojan horse created by a Russian-speaking cybercriminal known as “Bestoffer”, is now attacking Android smartphones with the sole aim of stealing users’ cryptos and fiat contained in the apps, reports TNW on March 28, 2019. дальше »
2019-3-30 00:00 | |
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What Is DeFi and Where Does It Leave Bitcoin?
The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology. дальше »
2019-3-29 16:26 | |
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Stablecoins Are Threatened by These Two Major Issues
On the heels of recent commentary from the published correspondence between Securities and Exchange Commission (SEC) chairman Jay Clayton and representative Ted Budd, SEC senior advisor Valerie Szczepanik explained at Austin’s SXSW conference that stablecoins may be violating current securities laws. дальше »
2019-3-18 23:54 | |
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European Central Bank Tweets: “As a Central Bank, We Can Create Money To Buy Assets” – Community Compares It To Bitconnect
Just recently, the European Central Bank (ECB) boosted awareness on Twitter as to why cryptocurrency is better than fiat… The post European Central Bank Tweets: “As a Central Bank, We Can Create Money To Buy Assets” – Community Compares It To Bitconnect appeared first on Invest In Blockchain. дальше »
2019-3-15 01:59 | |
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PayGlobal May Add Ripple’s XRP Cryptocurrency To Platform For Easy Conversion From Crypto To Fiat
PayGlobal May Soon Add XRP To Platform For Easy Conversion From Crypto To Fiat PayGlobal is known for its services as an e-money agent in the UK, offering wallet services and even an ATM bank card. Now, the ATM service may soon be integrating XRP to the platform, adding it to the growing list of […] дальше »
2019-3-13 01:37 | |
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Revolut launches auto-exchange for cryptocurrency – and I can’t find a reason to hate it
Online challenger bank, Revolut, has just introduced a new feature which makes it easier to protect yourself from volatile cryptocurrencies. Earlier this week, Revolut launched what it is simply calling its “auto-exchange” feature, which will allow users to automatically exchange two currency pairs – fiat and cryptocurrency – when the pair hits a specific exchange rate. дальше »
2019-3-8 19:48 | |
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No ETF Decision Yet, But Gemini-Backed Bitcoin Interest Account Is Live
Two high-interest Gemini-backed cryptocurrency accounts just came out — is this the beginning of the end for banks? A Bitcoin Bank Account Even the greatest proponents of Bitcoin tend to admit that the number one cryptocurrency is unlikely to replace banks anytime soon. дальше »
2019-3-6 20:00 | |
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Central Bank of the Bahamas Selects Blockchain Startup NZIA for Digital Currency Project
The Central Bank of the Bahamas has selected NZIA Limited as the technology solutions provider for its Project Sand Dollar, a project aimed at developing a blockchain-based central bank digital currency. дальше »
2019-3-5 23:54 | |
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Payglobal Provides Cryptocurrency to Fiat Transfers With Existing Bank Cards
While there’s been a lot of news of cryptocurrency debit cards closing shop over the last two years, a company called Payglobal offers cryptocurrency to fiat transfers onto a user’s existing bank card. дальше »
2019-3-3 13:00 | |
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End of the Line for Stable Coins & Online Crypto Payment Processors?
Bridge for seamless value exchange between crypto & traditional banks Nimiq, a disruptive project in Blockchain, has created the blueprint for making fiat currency (USD, EUR, etc) blockchain-compatible. дальше »
2019-3-2 15:13 | |
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Platform for Crypto Payments to Bank Accounts Launching in the UK
A company based in London has announced it’s launching a payment service that can help increase the mainstream adoption of cryptocurrencies. It allows users to send or spend digital coins which are converted and then transferred in the form of fiat money to the recipient’s bank account. дальше »
2019-2-28 23:40 | |
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MyEtherWallet Resists KYC With New Fiat Withdrawal Feature
MyEtherWallet—or MEW for short—has added fiat withdrawals to its long list of features. Users of the popular Ethereum web wallet can now seamlessly convert their crypto holdings to Euros or Swiss Francs, then deposit those funds directly to their bank account. дальше »
2019-2-22 04:50 | |
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Every Day Bitcoin Does Not Die is a Tribute to BTC’s Store of Value Property and Public Trust is Gained
Entrepreneur Dominik Weil recently attended a cryptocurrency conference. While there, he observed that pen panelists questioned the audience “if they would want to lock up a gift with the value of 1m USD (2019 USD value) for the next 10 years either in” fiat/bank deposit, gold, or bitcoin, the majority of the audience chose bitcoin. […] дальше »
2019-2-21 16:14 | |
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