Thursday, January 23, 2020
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Binance Adds Near-Instant UK Pound Payments in Latest Fiat Expansion

Malta-based cryptocurrency exchange Binance has added a flurry of new fiat funding options since New Year, including Faster Payments for U.K. pounds-bearing customers.The company announced Wednesday that the addition comes via a new partnership with fiat-to-crypto payments provider Banxa, which also allows the firm to offer Australian dollar and euro

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Saga Stablecoin Goes Live Backed By Basket of Fiat Currencies

Its value will rely solely on the “basket of national currencies” whose collective worth backs up SGA’s list price. Meant to mimic the International Monetary Fund’s Special Drawing Rights, a currency-like reserve asset pegged to the dollar, euro, renminbi, pound sterling and yen, this “basket” will ensure SGA’s stable price. Source

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Libra Co-Founder Says It Isn’t Competing With Fiat Currencies

Libra co-founder and chief economist of Calibra Wallet Christian Catalini has attempted to clear up misconceptions in relation to the planned digital coin in an interview with CNN’s Julia Chatterley. The release of the whitepaper on Facebook’s (NASDAQ:FB) proposed coin back in June prompted massive debate from politicians around the world,

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Paxos Debuts Fiat Gateway With Binance Crypto Exchange as Its First Client

Leading cryptocurrency exchange Binance became the first cryptocurrency exchange to implement the fiat gateway of stablecoin operator Paxos.On Nov. 12, Paxos announced the launch of its Fiat Gateway, a service that allows its users to swap between dollars and stablecoins on a one-to-one basis.A deepening collaborationWhile the service has

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