Fiat

Thought: Gold is the genesis block of the fiat monetary system. Dutch Central Bank, known as De Nederlandse Bank (DNB), said gold would be indispensable in the event of a fiat meltdown (cointelegraph.com) 10/20/2019 - 10:26pm
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Facebook’s Crypto Project Head Proposes a New Stablecoins Design for Libra (coingape.com) 10/20/2019 - 10:24pm
At a banking seminar, David Marcus, yesterday proposed a plan to issue a series of stablecoins instead of a combined one. Marcus is optimistic of a launch by June 2020. Facebook’s announcement of Libra has unsettled financial regulators all over the world. The userbase of Facebook poses a threat to the power of central banks in the world. Moreover...
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Fiat is Infinite While Labor is Limited (cryptonewmedia.press) 10/20/2019 - 6:54pm
Crypto New Media Press Some of the common objections raised by those in the mainstream financial system when it comes to Bitcoin and other cryptocurrencies center around the idea that they aren’t backed by anything. They’re just made up digital money that have effectively turned into a giant Ponzi scheme. There is no intrinsic value or use case...
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Facebook Could Use Fiat-Pegged Stablecoins for Libra (cryptonewmedia.press) 10/20/2019 - 6:07pm
Crypto New Media Press Facebook is reportedly open to the idea of using national currency-pegged stablecoins for its forthcoming Libra project. According to Reuters on Oct. 20, David Marcus, the head of the Libra project for Facebook and CEO of Facebook’s wallet service Calibra, said that Libra could use various fiat-based stablecoins, instead of...
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Report: Facebook Could Use Fiat-Pegged Stablecoins for Libra (cointelegraph.com) 10/20/2019 - 5:30pm
Calibra CEO David Marcus reportedly said that Libra would be open to using national fiat-pegged stablecoins at a banking seminar on Sunday
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Libra Isn’t Special, Not Going to Happen, Infers JPMorgan CEO (beincrypto.com) 10/20/2019 - 4:48pm
Jamie Dimon, the Chief Executive Officer (CEO) of JPMorgan Chase & Co., is yet another big-money executive poising as a non-believer in the Libra project. Speaking this past Friday at a conference via the Institute of International Finance, Dimon had said that while Facebook’s stablecoin is “a neat idea,” it isn’t going to happen. Not only...
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HTC Launches Exodus 1, ‘To Make The Leap To Bitcoin From Fiat’ (cryptonewmedia.press) 10/20/2019 - 3:17pm
Crypto New Media Press The advent of Bitcoin is fueling the evolution of financial technologies, including telecommunications, and hardware with crypto-friendly features. The latest innovation, HTC’s cryptophone Exodus 1, will hit the market in December 2019. This device performs both as a smartphone as well as a Bitcoin cold wallet. Chen: “For...
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HTC Launches Exodus 1, 'To Make The Leap To Bitcoin From Fiat' (bitcoinist.com) 10/20/2019 - 3:04pm
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Bitcoin, bitcoinist.com, Exodus, Fiat, https://www.reddit.comBitcoin, Reddit.comhttps://www.reddit.com/r/Bitcoin/comments/dko3ap/htc_launches_exodus_1_to_make_t...
HTC Launches Exodus 1, ‘To Make The Leap To Bitcoin From Fiat’ (bitcoinist.com) 10/20/2019 - 3:00pm
The advent of Bitcoin is fueling the evolution of financial technologies, including telecommunications, and hardware with crypto-friendly features. The latest innovation, HTC’s cryptophone Exodus 1, will hit the market in December 2019. This device performs both as a smartphone as well as a Bitcoin cold wallet. Chen: “For the smartphone category...
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Letters From Venezuela: Another Crypto Lifeline Closed as Bittrex Suspends Services (coinspice.io) 10/20/2019 - 11:35am
TL;DR: Letters from Venezuela is an exclusive CoinSpice series, an inside look from a reporter on the ground, documenting the South American nation’s last stand among sanctions, political unrest, international condemnation and concern, economic collapse, and the specter of cryptocurrency possibly demonstrating its main use case. In this...
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Trade Wars: Huobi Adds Support for TRC20 Tether with offer; Will it Pump Up the Volume? (coingape.com) 10/20/2019 - 11:05am
There’s never a quiet week in TRONland, from where TRON CEO Justin Sun oversees an ever-expanding digital network. When he’s not making announcements about making announcements, the TRON founder is toasting tangible new successes that are slowly cementing the network’s infiltration into every last recess of the cryptosphere. Huobi and Binance’s...
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Libra Further in Trouble as FATF Raises Money Laundering Concerns (blockpublisher.com) 10/20/2019 - 11:00am
Although backed by fiat currencies, they might act as a tool for money laundering and terrorist financing due to the practicality in payments. Due to their stability, they might land over bitcoin and ...
bing.com, Bitcoin, blockpublisher.com, Fiat, Laundering, Libra
Will GM’s Rumored Electric Hummer Let the Air Out of Tesla’s Tires? (cryptosyringe.com) 10/20/2019 - 8:53am
After a trying month due to labor disputes, American automaker General Motors (NYSE:GM) looks likely to be on the upswing ahead of it’s Oct. 29 Q3 results. GM seems to be in the final stages of wrapping up a deal with the United Auto Workers union, which has helped the stock recoup some of the value it lost following the UAW strike announcement in...
cryptosyringe.com, cryptosyringe.com, Fiat, Long, Market
FATF Singles Out Stablecoins for AML and CTF Threats (insidebitcoins.com) 10/20/2019 - 8:34am
The Financial Action Task Force (FATF), an international enforcer of Anti-Money Laundering (AML) policies in the global financial space, has outlined the dangers that stablecoins provide as regards terrorist financing and money laundering. Potential money laundering and terrorist financing enablers According to a document released on October 18,...
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Huobi Plans to Open Fiat Gateway with Lira (%2F%2Ffinance.yahoo.com) 10/20/2019 - 6:08am
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%2F%2Ffinance.yahoo.com, Fiat, https://www.reddit.comCryptoCurrency, Huobi, Huobi, Reddit.comhttps://www.reddit.com/r/CryptoCurrency/comments/dkhr22/huobi_plans_to_open_fiat...
Alchemy Payment Pioneer – Muhammad Ishaq (cryptonewmedia.press) 10/20/2019 - 5:08am
Crypto New Media Press Alchemy is a Global Cryptocurrency Payment Pioneer. Alchemy is a main digital currency installment arrangement and innovation supplier in Asia Pacific that forces on the web and disconnected traders with quick, secure and helpful half and half crypto-fiat installment frameworks and arrangements. It has two types of payment...
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Stellar holders use inflation to enrich themselves (cryptonewmedia.press) 10/19/2019 - 3:43pm
Crypto New Media Press TL;DR Users prefer to take the money and run rather than give it to someone else. Inflation is a big deal in Crypto Land. Many crypto adopters have come to the world of digital money because they mistrust the fiat world’s approach to printing money on-demand. And who can blame them? Thanks to the Fed’s […] The post Stellar...
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Bitcoin Life 40% of Avg Fiat; UAE Blockchain Usage; Cardano + New Balance; Stablecoin Hysteria 10/19/2019 - 1:20pm

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The Speculative Case for $1000 ETH (If Ethereum is Valued as a Fiat Payment & FinTech Platform) (cryptonewmedia.press) 10/19/2019 - 11:59am
Crypto New Media Press I’ve already written about how investors in the red hot payments sector are underestimating the disruptive threat of stablecoins and thus overvaluing the existing business models of proprietary networks. Today I’m going to argue crypto investors are making a similar mistake, and thus undervaluing ETH. Ethereum is...
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Ain’t No Goldshine – Ivan Kambourov (cryptonewmedia.press) 10/19/2019 - 11:29am
Crypto New Media Press We all know about the everlasting dispute if Bitcoin is digital gold. The short answer is No, Bitcoin is a fiat digital currency, but it doesn’t matter since it has a viable use case. Before we begin, I would like to define money, currency, and store of value to avoid possible confusion when using the […] The post Ain’t No...
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Regulatory ‘Gray Area’ in China (cryptonewmedia.press) 10/19/2019 - 9:40am
Crypto New Media Press Earlier in October 2019, Binance announced a fiat on-ramp for crypto trading via Chinese payment services Alipay and WeChat. This move was part of the exchange giant’s peer-to-peer (P2P) trading rollout for Bitcoin (BTC), Ether (ETH) and Tether (USDT) against the Chinese yuan. The public nature of this announcement did bring...
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Why Is Stablecoin Tether (USDT) So Popular Among Traders in China? (cryptonewmedia.press) 10/19/2019 - 8:52am
Crypto New Media Press Stablecoins might not seem to be the most exciting cryptocurrencies because they don’t present the same risk/reward profile as other coins such as bitcoin (BTC). That’s a function of their stable status that is possible because of often being pegged 1:1 to a fiat currency such as the U.S. dollar, which is the case for […]...
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Bitcoin’s ‘Loss-Adjusted Market Cap’ is 87 Percent of $104 Billion (bitcoinist.com) 10/19/2019 - 5:44am
The US Federal Reserve has continued its streak of quantitative easing, by pouring in funds to uphold the confidence that liquidity won’t dry out. The latest sum, $104 billion, is almost close to Bitcoin’s loss-adjusted market valuation. Tuur Demeester, founding partner at Adamant Capital, and Bitcoin proponent commented on the Fed’s latest...
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Crypto Exchange Huobi to Launch Fiat-to-Crypto Gateway in Turkey (cryptoglobe.com) 10/19/2019 - 5:21am
Popular cryptocurrency exchange Huobi has announced it’s set to open a gateway that’ll allow Turkey’s residents to buy cryptocurrencies using the lira (TRY), the country’s fiat currency.
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Huobi Lira Onramp to Enable Crypto Trading for Turkish Users (cryptonewmedia.press) 10/19/2019 - 4:23am
Crypto New Media Press Singapore-based crypto exchange Huobi will launch a fiat gateway for the Turkish lira in late 2019. Huobi’s fiat onramp for lira will be the first fiat gateway launched by a global exchange, Huobi Global claimed during the opening event at the Eurasia Blockchain Summit on Oct. 18. During the inaugural event hosted by Huobi...
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Dollar Deposits On Binance.US Now Have FDIC Insurance Coverage (cryptosyringe.com) 10/19/2019 - 3:38am
Binance.US — the United States-focused wing of major cryptocurrency exchange Binance — announced that its customer’s dollar deposits are eligible for Federal Deposit Insurance Corporation (FDIC) insurance coverage. FDIC insures deposits up to $250,000 In a blog post on Oct. 18, Binance.US announced that the exchange holds its U.S. dollar deposits...
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Huobi launching fiat-to-crypto gateway in Turkey later this year (ca.finance.yahoo.com) 10/19/2019 - 3:27am
Cryptocurrency exchange Huobi Global will soon allow residents of Turkey to buy cryptocurrencies with their local fiat currency, the Turkish lira. Huobi announced Friday that it will open a fiat ...
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Happy 18 Millionth Bitcoin! BTC Scarcity Implies Large Price Rally (newsbtc.com) 10/19/2019 - 1:17am
Mere hours ago (as of the time of publishing this), the 18 millionth Bitcoin (BTC) was mined. As revealed by Statoshi.Info , a recent block brought the 18th million coin into existence, leaving three million BTC remaining out of the hard-capped 21 million coin supply. While this milestone may seem irrelevant to those not involved in the...
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Bitcoin against fiat: Comparing Bitcoin with 300 year-old Pound (bitcoinwarrior.net) 10/19/2019 - 12:46am
Bitcoin has come a long way from where it started now let’s compare Bitcoin against fiat currencies to review its journey. The British Pound Sterling is the oldest fiat currency that functions today.
bing.com, Bitcoin, bitcoinwarrior.net, Fiat, Long
Huobi Expands Services With Turkish Lira (bitcoinmagazine.com) 10/18/2019 - 6:17pm
Huobi, a prominent cryptocurrency exchange based in Singapore, has unveiled plans to increase the ease of access for individuals trading in the Turkish currency, the lira. The company announced this move via press release on October 18, 2019. It claims that its lira gateway will be the first of its kind for a global cryptocurrency exchange and...
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Huobi Expands Services With Turkish Lira (e-cryptonews.com) 10/18/2019 - 6:17pm
Huobi, a prominent cryptocurrency exchange based in Singapore, has unveiled plans to increase the ease of access for individuals trading in the Turkish currency, the lira. The company announced this move via press release on October 18, 2019. It claims that its lira gateway will be the first of its kind for a global cryptocurrency exchange and...
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FATF Joins BIS in Calling Stablecoins ‘Global Risk,’ Citing Money Laundering Concerns (cryptonewmedia.press) 10/18/2019 - 4:50pm
Crypto New Media Press Stablecoins pose a money laundering and terrorist financing risk to the world, the Financial Action Task Force (FATF) said Friday. In documents released after its latest meeting, the intergovernmental organization referred to cryptocurrencies as a “major strategic initiative,” and said cryptos whose values are pegged to fiat...
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Bitcoin Has Already Reached 40% of Average Fiat Currency Lifespan (cointelegraph.com) 10/18/2019 - 3:56pm
As the IMF says a fresh crisis looms, one Bitcoin analyst reminds the industry that fiat currencies trend to zero in just 27 years. As Bitcoin statistician and commentator Willy Woo noted on Oct. 18, ...
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Dubai-based Emaar Properties to Roll out Its Customized Token (coinspeaker.com) 10/18/2019 - 3:01pm
Coinspeaker Dubai-based Emaar Properties to Roll out Its Customized Token The developers of the Burj Khalifa, the famous Dubai monument, also known as the tallest building in the world, Emaar Properties is at it again, and this time, they are going the crypto way. Through an action which can be termed generous, the Dubai Mall developer is working...
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Alchemy – mamah muda – Medium (cryptonewmedia.press) 10/18/2019 - 2:43pm
Crypto New Media Press Alchemy Alchemy is a leading cryptocurrency payment solution and technology provider in Asia Pacific that provides online and offline merchants with a fast, secure and convenient hybrid crypto-fiat hybrid payment system and solution. Alchemy Global Payment Solutions Limited’s vision (Alchemy is the brand name of Alchemy...
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Bitcoin vs FIAT argument MADE SIMPLE! Bitcoin communities biggest threat! 10/18/2019 - 2:43pm

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Huobi Intends to Open Fiat Gateway with Lira-Tether in Turkey (cryptocurrencynews.com) 10/18/2019 - 1:23pm
The cryptocurrency space has come a long way over the past five years, and one of the more important members of a growing ecosystem has been the global crypto exchange Huobi. The company has done a lot to increase awareness about the crypto sphere and in turn, has been one of the biggest contributors towards the current popularity of crypto. Key...
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Bitcoin Currency Reached 40% of Average Fiat Currency Lifespan (thecoinrise.com) 10/18/2019 - 12:51pm
Bitcoin Currency may only be ten years old, but it is about to match half the lifespan of the average fiat currency — while actually increasing in value. Average fiat dies in 27 years, and Bitcoin Currency? As Bitcoin currency statistician and commentator Willy Woo noted on Oct. 18, the largest cryptocurrency has been around 40% as long as the...
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Huobi Lira Onramp to Enable Crypto Trading for Turkish Users (cointelegraph.com) 10/18/2019 - 12:32pm
Huobi Global will launch fiat gateway for the Turkish lira in late 2019, the firm officially announced at the Eurasia Blockchain Summit
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Libra Has Lost A Quarter Of It’s Partners: And That Might Not Matter At All (blockonomi.com) 10/18/2019 - 12:07pm
Libra – the cryptocurrency project Facebook that aims to compete with PayPal and other payment processors was facing a terrible blow when nearly 1/4 of their partners decided to drop out from the project citing a number of concerns. But in a recent statement to Yahoo finance, Libra leader David Marcus reaffirmed that the project was “absolutely...
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Huobi to Launch Platform with Lira-Tether Pairing in Turkey in Q4 (cryptonewmedia.press) 10/18/2019 - 9:41am
Crypto New Media Press Huobi Global, hosting the Eurasia Blockchain Summit, announced its plans to partner with local banks to launch a fiat gateway in Turkey. Huobi, a leading global crypto exchange, announced that it plans to launch a fiat gateway in Turkey. If successful, the platform may increase access to over 250 digital tokens for the local...
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Huobi to Launch Fiat Platform with Lira-Tether Pairing in Turkey in Q4 2019 (coinspeaker.com) 10/18/2019 - 9:28am
Coinspeaker Huobi to Launch Fiat Platform with Lira-Tether Pairing in Turkey in Q4 2019 Huobi , a leading global crypto exchange, announced that it plans to launch a fiat gateway in Turkey. If successful, the platform may increase access to over 250 digital tokens for the local investors.Mohit Davar, Huobi’s EMEA regional president, is convinced...
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Tether Plans Algorithmic Stablecoin: Codename USDTX (cryptobriefing.com) 10/18/2019 - 9:21am
Stablecoin provider Tether aims to create an algorithmic alternative to its popular USDT token – possibly allowing traders to use cryptocurrency as collateral – as a means to provide another route to issue and trade USD-pegged assets. Paolo Ardoino, CTO of Tether and affiliated exchange Bitfinex, told Crypto Briefing the company was currently busy...
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Bitcoin Nears Half the Age of the Average Fiat Currency (cryptonewmedia.press) 10/18/2019 - 9:18am
Crypto New Media Press Bitcoin (BTC) is headed to its 11th anniversary, inviting comparison to the life cycle of fiat currencies. Commenters pointed out that fiat currencies are actually prone to crises, and sometimes go through denominations, or simply disappear. Bitcoin has already reached 40% of the life expectancy of the average fiat currency...
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Bitcoin Nears Half the Age of the Average Fiat Currency (bitcoinist.com) 10/18/2019 - 9:00am
Bitcoin (BTC) is headed to its 11th anniversary, inviting comparison to the life cycle of fiat currencies. Commenters pointed out that fiat currencies are actually prone to crises, and sometimes go through denominations, or simply disappear. Bitcoin has already reached 40% of the life expectancy of the average fiat currency (27yrs). The most...
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Huobi To Start Tether Trading For ‘Important’ Turkey Lira By End Of 2019 (cryptonewmedia.press) 10/18/2019 - 8:10am
Crypto New Media Press Major cryptocurrency exchange Huobi plans to become the first international player to launch trading of Turkey’s Lira by 2020. Huobi: Lira is 5th Biggest Fiat On-Ramp In a press release issued on October 18, Huobi said the first step in its expansion into the Turkish market should go live by the end of the year. […] The post...
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