Fiat, a government-issued currency, is still the best choice of financial criminals. Concerns have always centered on the possibility of crypto assets being used for nefarious reasons, however the US ...
Tag: Fiat
Fiat is Still Dominant in terms of Criminal Money: Highlights US Treasury Department
Concerns have always revolved around the crypto assets being used for illicit purposes but the US Treasury department revealed something that is beyond these doubts. Decentralized Finance (DeFi) and ...
Fiat Still Used In Majority of Financial Crimes, Says U.S. Treasury Report
Despite the many concerns of crypto being an instrument for crime, a newly published report by the U.S. Treasury Department says that fiat still accounts for the majority of financial crimes. Earlier ...
Fiat is Far More Common Than Bitcoin for Money Laundering, Confirms US Treasury Department
Earlier this month, the US Treasury Department released three-yearly reports covering money laundering, terrorist financing, and proliferation financing – all of which extensively discussed virtual as...
Arthur Hayes predicts a bear market in fiat currencies and bitcoin to hit $1 million
Arthur Hayes, the co-founder of Bitmex, recently published a blogpost where he predicts the end of the petrodollar/eurodollar monetary system and the biggest wealth transfer into gold and bitcoin that...
Earn Guild Launches Play-to-Earn Guild With Fiat Gateways
Gaming guilds have been widely popular in the video game community worldwide for a while now. However, with the rise of play-to-earn blockchain games, guilds are now evolving to a whole new level. Ear...
Robert Kiyosaki Predicts End of US Dollar — Says War Giving Rise to Crypto as Safer Haven Than Fiat Money – Economics Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted the end of the U.S. dollar. Furthermore, he said that the Russian-Ukraine war has given rise to crypto as “...
Combining Bitcoin’s Best Attributes With Features of Established Fiat Will be Revolutionary: Deloitte
Deloitte believes Bitcoin and cryptocurrencies can help deliver a payment system that is fast, secure, effective, can facilitate efficient cross-border transactions, but there are challenges to overco...
Stripe Re-Enters The Cryptospace With Fiat Transaction Capability Of Cryptocurrency As Well As NFTs
According to the release, the company’s products would allow customers to buy and trade over 135 cryptocurrencies in at least 180 countries using fiat currencies. As part of the campaign, Stripe will ...
Stripe announces fiat payment support for cryptocurrencies and NFTs
U.S.-based fintech giant Stripe has significantly ramped up its crypto initiatives after it launched a service that enables payments for NFTs and digital assets via fiat currency. Businesses can use S...
Should Businesses Adopt Crypto Payments Instead of Fiat?
Merchants want to be able to accept crypto from more customers. Crypto can’t yet replace fiat for payments, but it can complement fiat, says Alexander Mamasidikov, co-founder of mobile digital bank Mi...
Thailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat Sanctions – Bitcoin News
A popular destination for many Russians, Thailand is now looking for ways to facilitate their payments amid widening western sanctions over Moscow’s military invasion of Ukraine. Cryptocurrency is one...
Lugano Has Made Cryptocurrency And Fiat Currency Legal Currency, Aiming To Make Switzerland A Next Cryptocurrency Utopia
Lugano, which has a population of just over 60,000 people, could face a severe labour shortage if it is able to recruit even a percent of the companies it hopes to attract. According to Pietro Poretti...
Binance reportedly suspends fiat deposits via some Russian-issued bank cards
Some Russian users trying to deposit fiat or purchase digital assets on crypto exchange Binance stumbled upon a warning message today, informing them that local bank cards are currently not supported....
Crypto Will Dethrone Fiat and Soon… But…
International payments using cryptocurrencies in a simple transaction is what every business hopes for. But we aren’t there yet. Alexander Mamasidikov, co-founder of mobile digital bank MinePlex, says...
Traders Prefer Gold, Fiat Safe Havens Over Bitcoin as Russia Goes to War
Dibb added that the combination of war, supply constraints, booming commodity prices and zero rates is a textbook recipe for stagflation. While the crypto community still strongly considers bitcoin as...
Increasingly South Korean Crypto To Crypto Exchanges Are Hoping To Make A Profit In Fiat Currency
Although a group of South Korean crypto exchanges may be granted permission to begin crypto-to-fiat trading, perspectives disagree on whether the 23 exchanges presently stuck in crypto-to-crypto limbo...
Veteran investor, Charlie Munger, criticises Bitcoin despite a depreciating fiat
Charlie Munger, the vice-chairman of Berkshire Hathaway, has predicted that fiat currency will go to zero in the next century. While the 98-year old investor seems to have little faith in the performa...
Billionaire Investor Charlie Munger Says Fiat Currency is “Going to Zero”
The 98-year-old vice chairman of Berkshire Hathaway has hypothesized that fiat currency is “going to zero” in the next hundred years. The veteran investor made the comments in an interview with Yahoo!...
Cabital Introduces Secure Fiat On And Off-Ramp Solution For Crypto Firms Dubbed Cabital Connect
Cabital, a leading digital assets institution, has announced the launch of Cabital Connect, a secure fiat on-ramp and off-ramp gateway for cryptocurrency exchanges that require a simple and easy solut...
Bybit Integrates With Cabital’s Fiat On-Ramp Gateway For Fair Crypto-Rates
Cabital, a leading digital assets institution, announced that one of the fastest-growing cryptocurrency exchanges Bybit has integrated with Cabital’s comprehensive fiat on-ramp solution. Cabital’s fle...
Bybit partners with Cabital to offer EUR and GBP fiat onramps
On Tuesday, Singapore-based crypto exchange, Bybit, announced a new partnership with digital assets institution Cabital for the euro (EUR )and British pound sterling (GBP) on-ramp integration. Bybit ...
Jack Dorsey says Bitcoin’s transparency could solve problems associated with fiat currency
The co-founder of Twitter, and the current CEO of Block, has praised Bitcoin and explained its role in the universal basic income (UBI). Dorsey, a popular Bitcoin bull, praised the primary cryptocurre...
Ricardo Solinas Pliego: Bitcoin better than fiat currencies
During an interview with Bitcoin Magazine, the third richest man in Mexico, Ricardo Salinas Pliego, head of an industrial agglomeration with interests in energy, telecommunications, media and finance,...
Mexico’s Third Wealthiest Man Says Bitcoin Is A Better Alternative To Fiat Money – Here’s Why
These past years presented numerous transformations in the finance industry. And with the rise of bitcoin, more powerful financial technologies – including the influential figures behind them – are ch...
Flint Taps Solana To Provide Fiat Users With Annual Passive Returns Of Up To 13% On Stablecoins
Achieving an appealing annual return on a cryptocurrency investment isn’t easy, but not impossible either. Traders can explore many methods to achieve this illustrious goal. Flint, a passive cry...
Usage Of Crypto In Crime Very Low Compared To Fiat, Admits Europol ⋆ ZyCrypto
Advertisement     The number of cases involving the use of cryptocurrencies in funding terrorism and money laundering crimes is actually countable globally. The value ...
Criminals Still Find It Easier to Hide in Fiat Than Crypto
Several startups fill this identity-knowledge gap for law enforcement targeting criminals or investors analyzing successful investment strategies. These startups identify address owners by scraping we...
Millions Can Now Move Fiat in and Out of Crypto Easily
Latin America continues its march into the newest global frontier: cryptocurrency. Exchanging various global currencies into cryptocurrency has been historically challenging. But pockets of Latin Am...
Payment Innovation Blurring The Lines Between Fiat and Crypto
The representation of money and monetary systems have vastly changed over the years. In historical times, many considered the bartering system to be the best medium of exchange. It originated the trad...