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EU’s Latest Coronavirus Recovery Deal: What’s Wrong with Fiat and What’s Right with Crypto

EU’s Latest Coronavirus Recovery Deal: What’s Wrong with Fiat and What’s Right with Crypto

The recovery fund spearheaded by the EU is made up of €390 billion in grants and €360 billion in loans, which will be added to a new Multiannual Financial Framework (MFF), with the sum of €1.074 trillion as a seven-year budget. The heads of state and government have reached a unanimous agreement, resulting in a total financial package of €1.82 trillion.

Why Did Venezuela Block Citizens’ Access to Coinbase Crypto Exchange?

Why Did Venezuela Block Citizens’ Access to Coinbase Crypto Exchange?

Venezuela has blocked access to Coinbase crypto exchange and MercaDolar fiat remittance platform, but why?

Visa Applies for Blockchain-Based Digital Currency Patent to Potentially Remove Physical Currency

Visa Applies for Blockchain-Based Digital Currency Patent to Potentially Remove Physical Currency

Visa has filed a patent application to create a blockchain-based digital currency on a centralized computer, according to a publication by the US Patent and Trademark Office (USPTO). The patent was originally filed in November 2019, and was described as “Digital Fiat Currency.” The US dollar was mentioned as one of the fiat currencies to be used potentially, although the patent could also apply to other central bank digital currencies including the pound, yen, and the euro.

Binance Adds Its Sixth Fiat-To-Crypto: The Turkish Lira

Binance Adds Its Sixth Fiat-To-Crypto: The Turkish Lira

The Turkish fiat currency has been listed to trade against bitcoin, ethereum and XRP on the Binance web platform.

Facebook Considers Fiat-pegged Stablecoins for Libra

Facebook Considers Fiat-pegged Stablecoins for Libra

Despite facing constant criticism, Libra continues to stead on, with consideration of using Fiat – Pegged Stable coins for the project to replace its initial proposal of having a synthetic unit.

How Banking Difficulties Drive Crypto Adoption in Latin America

How Banking Difficulties Drive Crypto Adoption in Latin America

Many businesses and individuals in Latin American countries are using cryptocurrency to buy retail goods while seeking to avoid unstable fiat markets.

Tether Launches Stablecoin Backed by Offshore Chinese Yuan

Tether Launches Stablecoin Backed by Offshore Chinese Yuan

Reported in late August, Tether had made plans to add a new stablecoin pegged to the Chinese Yuan, named “CNHT.”

The Top 10 Bitcoin Exchanges for Casino Players

The Top 10 Bitcoin Exchanges for Casino Players

Exploring the 10 best Bitcoin exchanges for online casino players, mostly looking for newcomer-friendly sites and a couple of more advanced propositions.

What is CBDC?

What is CBDC?

CBDC stands for Central Bank Digital Currency, and represents the digital form of a nation’s fiat money (currency backed by trust or faith in the regulating government).

Binance Lists the Nigerian Naira on its Exchange Platform in Partnership with Flutterwaves

Binance Lists the Nigerian Naira on its Exchange Platform in Partnership with Flutterwaves

Binance has announced its listing of the Nigerian Naira on its exchange in collaboration with Flutterwaves, a Nigerian company that is poised to help banks and businesses build secure and seamless payments solutions for their customers.

Binance Partners with Brave to Enable Seamless Crypto Trading on Web Browser

Binance Partners with Brave to Enable Seamless Crypto Trading on Web Browser

Crypto giant Binance partners with blockchain-based web browser Brave. Such a partnership enables over 12 million monthly Brave users to obtain deposit addresses, view their crypto balances, and sell, buy, and trade crypto assets without leaving the browser.

ECB President Lagarde: Digital Euro CBDC Will Complement Not Substitute Cash

ECB President Lagarde: Digital Euro CBDC Will Complement Not Substitute Cash

Christine Lagarde, President of the European Central Bank (ECB), said that a CBDC or digital euro would most likely work in tandem with fiat currency, not replace it.

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