Cryptocurrency Analysis and News Portal
Stablecoins lack crucial mechanisms that guarantee money market stability in fiat, and an operational model that gave regulatory control to a central bank would be superior to private stablecoin, a study released by the Bank for International Settlements (BIS) found. The authors used a “money view” of stablecoin and an
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Transfero, a major fiat onramp provider in Latin America, has partnered with the cryptocurrency trading technology company Finery Markets to launch an institutional over-the-counter (OTC) cryptocurrency trading desk, Finery Markets announced Friday. Per an announcement shared with crypto.news, the partnership will allow Transfero — which operates the Brazilian Real and Argentine
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Fiat payment rails and neobanking services are becoming a vital cog in driving mainstream adoption and acceptance of the wider cryptocurrency space, according to key industry figures at the intersection of traditional finance and Web3.Executives from OpenPayd, Ramp Network and Damex unpacked the increasing importance of third-party payment rails and
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The author of Rich Dad Poor Dad expects the prices of Bitcoin (BTC), Gold, and Silver to rally in the near future as every government around the world prints more money pushing inflation to a multi-year high. Popular entrepreneur and financial educator Robert Kiyosaki issued a prediction for Bitcoin (BTC), and
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Binance is currently in the process of finding partners for dealing with fiat transactions in the UK, as British users are still unable to deposit GBP. Leading global cryptocurrency exchange Binance has successfully onboarded fresh fiat partners to facilitate euro transactions after halting the services earlier this year due to regulatory
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In an Oct. 19 post, Binance shares the news of its growing European presence by collaborating with multiple regulated fiat partners to offer EUR services. This initiative has already commenced with users being transitioned to the new services. New partners These new fiat partners are providing a range of services to our users,
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Crypto exchange Binance has announced it has onboarded new partners to handle euro deposits and withdrawals, months after losing its previous fiat partner PaySafe in September. In an Oct. 19 statement, Binance announced that it had signed agreements with new fiat partners for euro payments, deposits, and withdrawals.The move follows regulatory
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The company has signed agreements with "a number of new regulated and authorized fiat partners" to provide EUR services for its users in Europe, according to a Binance blog post. Services include EUR deposits and withdrawals via the Single Euro Payments Area (SEPA) payment network, EUR spot trading pairs and
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According to an Oct. 10 press release by the Nanchang People’s Court, the plaintiff was required to prove that Tether is a legally issued fiat currency to bring a necessary cause of action for judicial relief. The decision from the court becomes the second in China to decide that crypto lending
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The global crypto exchange has been facing intense regulatory scrutiny. Most of its regulatory issues are in Europe Binance has urged customers in France to convert their fiat currency on the exchange to crypto. This comes on the heels of the crypto exchange losing its euro banking partner Paysafe. As part of
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