Category: Fiat Money

Bitfinex Introduces ‘New, Improved’ Fiat Deposit System Following Last Week’s Suspension

Major crypto exchange Bitfinex has introduced an “improved” fiat deposit system, shortly after temporary suspension of deposits last week, according…

China’s Central Bank Seeks Digital Currency Specialists

The Chinese central bank, the People’s Bank of China (PBoC), has opened four positions for crypto-related professionals, according to a…

Crypto Exchange Bitfinex Suspends Fiat Deposits, Expects to Resume ‘Within a Week’

Major crypto exchange Bitfinex has temporarily suspended all fiat wire deposits for the Euro, U.S. Dollar, Japanese Yen and Pound…

China Should Consider Launching its Own Stablecoin, Central Bank Expert Says in Op-Ed

The Chinese government should consider launching its own yuan-backed stablecoin despite the current ban on cryptocurrencies, an op-ed in Chinese…

‘Huge Cash Flows’: Lithuania Voices Concern Over ICO, Crypto Trading

Lithuanian authorities held a seminar examining the “threats and potential benefits” of Initial Coin Offerings (ICO) to the country’s economy,…

New Taiwanese Exchange Rewards Users for Token Mining and Staking From Its Fee Revenue

MaiCoin, the largest one stop digital asset platform provider in Taiwan, recently launched it’s MAX Exchange. The exchange initially started…

Ukrainian National Bank Considering Launching State Digital Currency Tied to Local Fiat

The National Bank of Ukraine (NBU) is considering launching a state-owned digital currency based on blockchain, local news outlet Vesti…

European Central Bank: ‘No Plans’ for Digital Currency, Cash Demand Growing

The European Central Bank (ECB) has “no plans” to issue its own digital currency, President Mario Draghi told the European…

Mt. Gox Opens Online Rehabilitation Claim Filing System for Corporate Users

Now-defunct Japanese Bitcoin (BTC) exchange Mt. Gox has extended its online rehabilitation claim filing system to corporate users, according to…

Crypto is a ‘Poor Form of Money’ for Terrorists, Congressional Hearing Concludes

The U.S. Congress Subcommittee on Terrorism and Illicit Finance has discussed various methods of terrorism financing with cryptocurrency, according to…

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