Search Results for: FIAT

Huobi And Solaris Offer EU Crypto-To-Fiat Debit Cards

As the cryptocurrency market continues to expand into the mainstream, several legacy financial institutions have made it a priority to work toward closing the gap that exists between digital and traditional currencies. The [crypto] industry is steadily making its way into the mainstream markets. An announcement on a partnership between the cryptocurrency exchange Huobi and … Continue reading Huobi And Solaris Offer EU Crypto-To-Fiat Debit Cards

Billionaire investor Ray Dalio has described fiat currency as being in serious jeopardy

Ray Dalio, a billionaire investor, has said that fiat money is under “jeopardy” as an effective store of wealth, but he does not think that Bitcoin (BTC) and stablecoins will be the answer to the problem. On February 2, the founder of the hedge fund firm Bridgewater Associates appeared on CNBC’s Squawk Box to discuss … Continue reading Billionaire investor Ray Dalio has described fiat currency as being in serious jeopardy

Billionaire Ray Dalio believes that fiat is in jeopardy

Although the billionaire Ray Dalio feels that fiat currency is in danger, he is also of the opinion that neither Bitcoin (BTC) nor stablecoins are the solution to the problem. As a kind of reaction, individuals of the cryptocurrency community have taken to Twitter to share their thoughts on the matter. During a recent appearance … Continue reading Billionaire Ray Dalio believes that fiat is in jeopardy

Trust Wallet Partners with Ramp and MoonPay for Crypto-to-Fiat Withdrawals

Trust Wallet, the official cryptocurrency wallet of Binance, has announced a new partnership with Ramp and MoonPay. This partnership will introduce a new feature that enables Trust Wallet users to convert their cryptocurrency holdings to fiat currencies directly within the app. The feature is a major development for Trust Wallet users as it eliminates the … Continue reading Trust Wallet Partners with Ramp and MoonPay for Crypto-to-Fiat Withdrawals

Ripple Launches Liquidity Hub to Bridge Crypto and Fiat

Fintech firm Ripple has announced the launch of its latest product, the Ripple liquidity hub, a solution for businesses to bridge the gap between crypto and fiat currencies. The service operates as a stand-alone solution in addition to Ripple’s popular cross-border payments service, on-demand liquidity (ODL). This makes it a global liquidity network offering its … Continue reading Ripple Launches Liquidity Hub to Bridge Crypto and Fiat

Web3 users can now register .eth domains with fiat options

Web3 users can now register decentralized .eth domains on the Ethereum Name Service (ENS) protocol using a host of fiat payment options, thanks to a new partnership with MoonPay. The ENS protocol previously only allowed domain registrations through cryptocurrency wallets with Ether (ETH), which was cited as a barrier to entry for prospective Web3 users. … Continue reading Web3 users can now register .eth domains with fiat options

Binance Revamps Fiat Liquidity Provider Program with New Eligibility Criteria and Incentives

Crypto Exchange Binance has announced updates to its Fiat Liquidity Provider Program, slated to come into effect from 25th September 2023 at 00:00 (UTC). The newly introduced changes emphasize a shift in the program’s review mechanism and incentives offered to liquidity providers. Key Highlights of the Program Updates 1. Scope Limitation: The updated program will … Continue reading Binance Revamps Fiat Liquidity Provider Program with New Eligibility Criteria and Incentives

Binance CEO Highlights Disproportionate Narrative on Illicit Activities in Crypto versus Fiat Currencies

The debate surrounding illicit financial activities within the cryptocurrency space has been a contentious issue, with critics often pointing to the potential for misuse. However, recent remarks by Binance CEO Richard Teng and analysis by Dr. Andrzej Gwizdalski, a lecturer at the University of Western Australia, offer a new perspective. Dr. Gwizdalski compiled data from … Continue reading Binance CEO Highlights Disproportionate Narrative on Illicit Activities in Crypto versus Fiat Currencies

Binance Updates Fiat Liquidity Provider Program to Include MXN and CZK Markets

Binance is constantly working to enhance its services and provide better opportunities for its users. In line with this commitment, the exchange has made significant updates to its Fiat Liquidity Provider Program. Starting from April 10, 2024, Binance will add MXN (Mexican Peso) and CZK (Czech Koruna) markets to the Fiat Liquidity Provider Program. This … Continue reading Binance Updates Fiat Liquidity Provider Program to Include MXN and CZK Markets

Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety

The potential return of over $9 billion worth of Mt. Gox-era Bitcoin in the coming weeks could unsettle the market and exert negative price pressure on Bitcoin, according to analysts at K33 Research. Earlier this week, some creditors of the now-defunct Mt. Gox crypto exchange shared updates on their claims, providing information about the amount … Continue reading Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety

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