Search Results for: fiat currency

Global Web3 Payments Leader, Banxa, Announces Integration With Metis to Usher In Next Wave of Cryptocurrency Users

TORONTO–(BUSINESS WIRE)–Banxa, the world’s first listed cryptocurrency payment gateway provider, today announced its integration with Metis, an organization committed to building a robust and decentralized layer 2 infrastructure to empower the web3 economy. Banxa’s fiat-to-crypto on-and-off ramp will enable Metis’ user base to benefit from Banxa’s enhanced payment methods and

February 2, 2023 3 mins read

Fiat Banking Partner of Binance Places Minimum Transaction Cap

The largest cryptocurrency exchange in the world, Binance, stated over the weekend that its fiat partner Signature Bank will no longer be processing transactions for amounts less than $100,000. The bank’s move comes as it seeks to reduce its exposure to the cryptocurrency sector. The recent market instability after the

January 23, 2023 2 mins read

Huobi Partners With Solaris to Launch Crypto-to-Fiat Debit Card in EU

For many traditional banks, bridging the divide between digital and fiat currencies is a top concern as the crypto industry continues to enter the mainstream. Huobi, a cryptocurrency exchange, has announced that it would create a cryptocurrency-to-fiat debit card in collaboration with Solaris, a European financial services company. Because Visa

January 13, 2023 2 mins read

Cryptocurrency Global Market Report 2022: Increasing Acceptance Across Various Industries Bolsters Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Cryptocurrency Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 to 2030” report has been added to ResearchAndMarkets.com’s offering. The global cryptocurrency market accounted for US$ 2,040.5 million in 2020 and is anticipated to grow at a CAGR of 7.2%

January 10, 2023 4 mins read

Top 5 Cryptocurrency Gainers From 24 Hours

The downfall of the FTX led to suffering in the entire crypto market, and the red candle march. The global crypto market has fallen from trillions to billions and it is still trying to recover from the down. At the time of writing, the global market cap is $805.83B and

January 3, 2023 3 mins read

Former Russian President Backs Digital Fiat Currencies Over Fiat

Russia’s interim leader between Vladimir Putin’s two terms as president Dmitry Medvedev claims that the Bretton Woods monetary system will collapse next year, bringing down the International Monetary Fund and the World Bank with it. This week, he shared his predictions for the year 2023 in a series of funny

January 1, 2023 2 mins read

Ripple CTO Claims Uniswap is Not a Decentralized Entity

Uniswap users can buy Cryptocurrency via Credit & Debit cards

Decentralized (DEX) crypto exchange Uniswap has collaborated with financial firm Moonpay to create a bridge between DeFi and traditional currencies. According to the cryptocurrency exchange, the partnership enables Uniswap users to buy digital assets using a bank account or supported credit or debit card. Fiat currency Entered into Uniswap Uniswap

December 21, 2022 1 min read

Brazil’s President Bolsonaro Signs Crypto Regulations Into Law

Gleec BTC Exchange Acquires Brazilian Cryptocurrency Platform Blocktane

Leading cryptocurrency exchange platform Gleec BTC Exchange is seeking to expand in Latin America, beginning in Brazil where it recently acquired Blocktane’s operational assets. For a brief while, Blocktane ranked high in the Brazilian cryptocurrency industry. Gleec BTC Exchange took the initiative and announced today that it has purchased the

December 20, 2022 2 mins read

Unbanked Cryptocurrency Cards: The Mass Adoption Panacea

The problem of mass adoption of cryptocurrencies is closely tied to accessibility. If cryptocurrencies are hard to use by the general masses, how can they ever become a staple form of value exchange on a global scale? Unbanked Inc, a US-based fintech firm, seeks to provide answers to this question

December 19, 2022 3 mins read

Solana-based Orca Integrates Stripe for New Fiat-to-Crypto Onramp

Orca, a prominent decentralized exchange based on Solana, has launched a fiat-to-cryptocurrency gateway after integrating the ‘Stripe’ payments service provider. Stripe’s first-ever integration with a decentralized exchange on any blockchain is happening right now, thanks to the Orca onramp. At launch, customers of Orca will be able to bypass the

December 3, 2022 1 min read