Cryptocurrency Analysis and News Portal
Money has evolved from simple objects of barter to cryptocurrencies. Money emerged as a means of facilitating trade and cooperation among strangers. As human societies grew more extensive and complex, the need for a common medium of exchange became increasingly important. From a realist political perspective, concepts like value
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There will also be an array of regional currency stablecoins available, said Tomer Weller, vice president, product at Stellar Development Foundation. This includes tokenized Argentinian pesos and Brazilian reals, as well as a Kenyan shilling, some other African stablecoins and a couple of euro-based ones, Weller said. Original Source
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Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation (FDIC) to shut the bank down on Friday. It was the largest U.S. bank failure since 2008, and various alleged catalysts have been pointed to. Some believe venture capitalists caused
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The exchange’s current banking partner is only accessible to users based in the European Economic Area (EEA). Source
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Cryptocurrency exchange Binance is recommending the use of peer-to-peer (P2P) services following restrictions imposed by the National Bank of Ukraine (NBU). Ukraine temporarily suspended hryvnia, its national currency, via banking cards for fiat deposits and withdrawals on crypto exchanges. Binance recommends using P2P services Binance and the leading Ukrainian exchange, Kuna, announced temporary
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The Bank for International Settlements (BIS) has long taken a cautious approach to Bitcoin (BTC) and cryptocurrencies. No need for caution anymore, however, as the “battle has been won” between fiat and crypto, according to BIS.BIS general manager Agustín Carstens, who made the claim, highlighted that “technology doesn’t make for
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The announcement meets a promise made in December by the ring-fenced exchange. Source
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Billionaire investor Ray Dalio has described fiat currency as being in serious “jeopardy” as an effective store of wealth but doesn’t believe Bitcoin (BTC) and stablecoins will be the solution either.Dalio, the founder of hedge fund firm Bridgewater Associates explained on CNBC Squawk Box on Feb. 2 that the mass money
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According to a report by Bloomberg, crypto exchange Binance has announced that one of its fiat trading partners, Signature Bank, will no longer be processing transactions of less than $100,000 as the bank attempts to reduce its exposure to the cryptocurrency market. Binance said this is a broad action affecting all
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