Place/Date: – May 20th, 2022 at 10:31 am UTC · 2 min read Source: ProBit Global Photo: ProBit Global According to the multinational financial services corporation Visa, consumers buying crypto w...
Tag: Fiat
Elon Musk Upholds Dogecoin As Potential Fiat Currency
Elon Musk, Tesla CEO, is a massive backer of Dogecoin. He stated on 13 May that cryptocurrency token Dogecoin has massive potential as a fiat currency. Apart from being a “meme coin” and “joke,” Dogec...
Is Inst.Money adding NEO for credit card purchase support in the fiat ramp platform?
Inst.Money also offers its business partners and other rails users its services related to debit and credit cards services Recently crypto trading and purchasing service provider platform Inst.Money h...
Asia crypto margin trading app MoonXBT integrates XanPool’s fiat gateway » CryptoNinjas
MoonXBT, a crypto margin trading platform offering up to 150x leverage, announced it has integrated XanPool, a fiat-gateway solution for crypto companies. By allowing users to buy crypto directly on M...
Binance CEO Changpeng Zhao Calls Crypto Safer Than Fiat
7 hours ago | 2 mins read Editors News Last year, crimes involving cryptocurrency reached an all-time high of $14 billion. The Federal Reserve recently hiked the benchmark interest rate. Based on anal...
“Crypto Is Safer Than Fiat”- Binance CEO Amid Rising Bearish Signals
Changpeng “CZ” Zhao, founder and CEO of world’s largest cryptocurrency exchange Binance, opines that cryptocurrencies are generally safer than fiat as analytics data reveals an extremely low percentag...
How Bridging Crypto and Fiat Will Transform the Global Financial System: An Interview With SafeGram CEO Ivan Tomic
1. Hi Ivan! Thank you for taking the time to talk to us. But before we dive on in, we’d like to know more about your expertise in the field of blockchain. Hi! Thank you very much for having me on boar...
Ricardo Salinas’ Bitcoin Masterclass, Part 1: Fiat Fraud – w/ Keiser & Herbert
By now, Mexican billionaire Ricardo Salinas is a bitcoin staple. His keynote at the Bitcoin 2022 conference was the talk of the town, and the fact that he has 10% of his assets in bitcoin can’t be ign...
Binance-Backed WOO Network Adds Support For Fiat Payments
DeFi platform WOO X project has added support for fiat payments through a partnership with fintech platform Mercuryo. This will be the first time that WOO will be providing such services to its custom...
CNN is backing gold and government-backed fiat currencies – bitcoin is no substitute
Mainstream news media is taking advantage of the bitcoin and crypto slump in order to promote the government line that fiat currencies are better value in the present dire economic environment. Gold i...
So What if the Ethereum Foundation Holds Fiat?
The EF said it spent $48 million last year to continue its mission of growing the Ethereum ecosystem. “Approximately $20 million of this total was in the form of external spending, which includes gran...
Ukraine is banning crypto purchases for fiat
Crypto aims to bring freedom and, therefore, the actual means of relief. However, the state’s financial organization has prohibited the acquisition of crypto because it seeks to preserve the health of...
Ukraine bans purchase of crypto with fiat 1
TL; DR Breakdown Ukraine halts purchase of crypto with fiat The country plans to eliminate the outflow of capital Banks have previously banned crypto purchases The National bank of Ukraine has announc...
Traders Perplexed As Top Indian Crypto Exchanges Disable Fiat Deposits ⋆ ZyCrypto
Advertisement     The development comes in the wake of the denial of instant payment service UPI by NPCI. Exchanges are also witnessing a sharp fall in transaction vol...
Major crypto exchanges in India disable fiat deposits amid regulatory uncertainty
Some of the biggest crypto exchanges operating in India have disabled the option to deposit fiat via the United Payments Interface (UPI) amid regulatory uncertainty after its operator denied knowledge...
Wallex, A Fiat and Digital Asset Management and Custody Platform, Voted as One of the Top Custodians in Early April 2022 – crypto.news
What critics used to dismiss as a fad and tulip mania is now a multi-trillion-dollar industry. As of early Q2 2022, the cumulative cryptocurrency market capitalization stood at over $1.8 trillion. Out...
Bitcoin ATM fees – Is it lower in comparison to fiat ATMs?
Bitcoin ATM fees are charged between 9% and 12% to shop for Bitcoin. We are able to additionally realize fees as low as 4% and as high as 20%, though. Several online cryptocurrency exchanges will char...
Stablecoins, Connecting Crypto and Fiat
Key Takeaways Stablecoins’ high market cap demonstrates their importance to the broader crypto market. Due to their low volatility, stablecoins are useful as a form of collateral or for settling trade...
If You Hold Crypto For Someone Else, Can IRS Collect Taxes From You?
MORGANTOWN, WV – 31 DECEMBER 2017: Ethereum or ether coin lying on top of similar golden coins to … [+] illustrate cybercurrencies getty It’s tax time, and crypto gains can be painfu...
Crypto ownership on the rise amidst fiat currency devaluation
A new survey from US cryptocurrency exchange Gemini shows that 2021 was a huge year for new entrants into the crypto market. Fiat debasement and high inflation are reasons for the flight of wealth int...
Bitcoin Could Hit $4.8M if it Replaces Fiat Currencies – crypto.news
VanEck, an investment firm, has made a very high BTC and gold valuation based on the extremities that get the title of a global reserve currency. The firm believes that Bitcoin (BTC) has double the up...
Bitcoin Could Hit $4.8M if it Replaces Fiat: VanEck
Key Takeaways VanEck has estimated a top price of $4.8 million for Bitcoin if it were to become a global reserve asset. The firm’s model also predicts a target of $31,000 per ounce of gold under...
What Would the Bitcoin Price Be if it Replaced Fiat Currency Reserves According to Van Eck
According to the global investment manager Van Eck, the prices of bitcoin and gold could skyrocket to record highs if fiat currencies lose their dominance. Specifically, BTC could start trading betwee...
VeChain Partners Alchemy Pay for Fiat Payment Rails and Crypto on-Ramps – Press release Bitcoin News
press release PRESS RELEASE. Palo Alto, USA, March 2022 – Vechain (VET), the leading layer-1 smart contract platform has announced it is adding Alchemy Pay’s (ACH) mainstream-friendly fiat payment cha...
The emperor has no clothes on – fiat is exposed and crypto starts to rise
The financial world has been turned on its head over these last few weeks. The Canadian government’s freezing of citizens’ bank accounts, and Russia’s deletion from the SWIFT payments system, together...
Will Bitcoin Countries Gain Superiority Over Fiat Countries?
As the Crypto community celebrates the rise in its acceptance, many experts are still presenting contradictions. Replacing fiat currencies with an upcoming blockchain-based digital currency sounds lik...
Robert Kiyosaki Forecasts The Demise Of The US dollar Claiming That The Conflict Has Paved Way To Cryptocurrency As Just A Better Refuge Than Fiat Currency
The US dollar is losing its dominance. What is occurring with the US dollar right now is the death of the US dollar, Rogers observed, because an international currency is meant to be neutral, but Wash...
DBS Bank Chief Dismisses Fears That Crypto Will Replace Fiat Money: Suggests Regulating Crypto
The CEO of DBS Bank group, Piyush Gupta, advises Central banks to start regulating cryptocurrencies and shed their fear that digital assets will replace fiat money. Gupta further says that by alienati...
Fiat Is Still The King For Money Laundering, Us Treasury Department Says
US Treasury Department has stated that despite the widespread use of digital assets for money laundering, the rate is still higher with fiat currencies. The statement is contained in the Treasury Depa...