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Search Results for: fiat currency

Best Cryptocurrency Mobile Trading Apps In 2022

The fast-moving cryptocurrency industry has led to the development of innovative cryptocurrency trading apps, with the ability to buy, sell and trade apps with the swipe of a thumb. For some people, digital assets offer a means of earning a passive income, while others see cryptocurrency as an investment asset.

August 24, 2022 4 mins read

Top 5 Cryptocurrency Gainers of the Day

Top 5 cryptocurrencies by an increase in price are EOS, SNX, LDO, AAVE, and NEXO. EOS increased around 17% in the last 7 days. The whole cryptocurrency market experienced a massive crash as a result the top cryptocurrencies fell into the gloomy market. However, the crypto market recovering from more

August 22, 2022 3 mins read

Can Turkey Become the Next Hub for Cryptocurrency?

The Turkish Finance Minister discussed with CZ, about blockchain and cryptocurrency.  Last year, Turkish authorities fined Binance with 750,000 dollars. On Wednesday, the Turkish Finance Minister Nureddin Nebati, virtually connected with Changpeng Zhao, the CEO of the Binance exchange platform. As per the tweet from Nebati, the recent discussion with

July 28, 2022 2 mins read

BNP Paribas Replacing Fiat Security Assets with Cryptos

BNP Paribas  entering the custody space for crypto. Currently, the French bank has $13 trillion in assets . BNP Paribas (BNP), a  French Bank, is going to start offering custodial services for Bitcoin and other digital assets. Over $13 trillion in assets are managed by the bank’s assets custodian, BNP

July 20, 2022 1 min read

RBA Governor Philip Lowe Upholds Famous ‘Fiat Over Crypto’ Opinion

The RBA Governor says that the crypto did not have currency characteristics. RBA was investigating how the private-sector-issued tokens could work. According to Reserve Bank of Australia (RBA) Governor, Philip Lowe, the private sector will probably develop a successful stablecoin linked to official currencies rather than government bodies. In a

July 18, 2022 2 mins read

NFTs Accessible to All with Launch of Fiat-Focused SIMBA Market

SOUTH BEND, Indiana, 23rd June, 2022, Chainwire   SIMBA Chain, the leading provider of blockchain enterprise solutions, has announced the launch of its new non-fungible token (NFT) marketplace SIMBA Market. The platform, which will feature collections from a variety of well-known names in sports and entertainment from the outset, will

June 23, 2022 3 mins read

Elon Musk Backs Dogecoin Stating It “Currency-Like”

Billy Markus made a tweet describing his opinions on crypto and its users. Elon Musk replied to the tweet showing the support and mentioned it to be currency-like. The Dogecoin co-founder Billy Markus has made a tweet describing his wish for the dogecoin and the community which follows it. And

June 18, 2022 1 min read

Regulations For Cryptocurrency Exchanges in Columbia Tightened

Colombia is now in the midst of its election cycle. Customers’ interactions in Colombia are also regulated and controlled by other entities. Latin American governments are waking up to the growing importance and impact of the cryptocurrency and blockchain sector. Some countries are working quickly to regulate crypto exchanges to

June 10, 2022 2 mins read

Russia’s Invasion is Litmus Test for Cryptocurrency Exchanges.

Cryptocurrency is a value reservoir, unaffected by fiat and government policy instruction. Russia’s central bank accepts crypto payments. To defend against Russia’s invasion of Ukraine, many corporations have withdrawn from the country and all western countries banned financial services to Russia but still, top crypto exchanges are supporting financial services

June 4, 2022 2 mins read