Fiat

Trailerblazer ABEY bags accolade

The AIBC Europe 2021 Blockchain Solution of the Year award was won by ABEY. ABEYCHAIN and ABEY ecosystem, a leading player in the emerging blockchain sector, established a victory in Malta on November 17, 2021. ABEY was announced the winner of the Blockchain Solution of the year award at the 5th edition of the AIBC Europe 2021 awards that was held in Malta on November 16th, 2021. Salient facts about ABEY  ABEY and its blockchain, ABEYCHAIN are one of the fastest-growing blockchain solutions in the world. AIBC Europe 2021 Awards

The Future is Near: The First-Ever Sports Team Starts Paying Salaries in Bitcoin

Nov 18, 2021 at 11:00 // News A professional baseball team from Australia, Perth Heat, announced on November 17 that they will remunerate their players and employees using bitcoin. To introduce the new financial system, the club has already hired a chief Bitcoin officer and partnered with a cryptocurrency platform. The flagship coin is also adopted as a means of payment for sponsorships, fan merchandise, etc. According to the ABC news outlet, players will be able to choose the means of payment they want. Switching to Bitcoin will not be

BTBS token, the largest Bitcoin ATMs operator in Spain lists on Bittrex Global

Even if the crypto market has seen significant changes over the years, it still faces several security, safety, and usability challenges in day-to-day operations.   There have been numerous attempts to turn traditional finance into a decentralized form, but this had an insignificant effect due to the countless challenges that arose along the route. But even though there has not been a lot of adoption in this area, BitBase is here to change that by providing their token with a lot of use.  BitBase  Since its inception in 2017, the platform

Brazilian Federal Deputy Proposes Crypto Payment Option for Workers

Brazilian Federal Deputy and congressman Luizão Goulart, has proposed a bill to make crypto a legal form of payment for workers in the public and private sector. Brazilian Federal Deputy Seeking to Legalize Crypto Remunerations Goulart’s proposal is looking to establish a new law that will allow all Brazilian workers to have an option to request their wages and salaries from their employers, in cryptocurrencies. But the bill warrants crypto payments to be made only after a mutual agreement has been reached between the workers and the employer. The translated version

Could ‘perverted’ CBDCs stop you from buying candy

NSA whistleblower and journalist Edward Snowden is known to comment on Bitcoin and crypto-adoption. However, in the latest issue of his newsletter, Continuing Ed, Snowden cited an article discussing whether the U.S could mint a platinum coin worth $1 trillion. In doing so, Snowden also spurred a discussion on centralized money, CBDCs, and their possible use case as surveillance tools. On banking, bitcoin, and the future of money: a response to a governor of the Federal Reserve, Christopher J. Waller.https://t.co/720SYvqzZM — Edward Snowden (@Snowden) October 9, 2021 To be or not to

Powers On… Don’t worry, Bitcoin’s adoption will not be stopped

In a series of  recent interviews and speeches, United States Securities and Exchange Commission Chairman Gary Gensler has called the cryptocurrencies market the “Wild West” due to its unregulated and allegedly fraud-filled atmosphere, predicting that the coins were doomed to fail. Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches

Visa working on blockchain interoperability hub for crypto payments

Global payments giant Visa has introduced a project that aims to be a “universal adapter” of blockchains that can connect multiple cryptocurrencies, stablecoins as well as central bank digital currencies (CBDC).According to an official announcement on Thursday, Visa’s research team is working on a “Universal Payment Channel” (UPC) initiative, a blockchain interoperability hub connecting multiple blockchain networks and enabling transfers of digital assets from different protocols and wallets.“Imagine splitting the check with your friends, when everyone at the table is using a different type of money — some using CBDC like

Fortune Publishes their Most Disgusting Bitcoin Article Yet. Here’s Why.

Just when you thought Fortune couldn’t sink any lower with their Bitcoin slander, the publication tries to relate a neutral technology to “the alt-right” and “white supremacists.” Is this what journalism has devolved into? Unfortunately, in the case of Fortune, the answer is yes. This is not the first time they have used their publication as a weapon. They’ve tried to slander Bitcoin numerous times before, and there’s a concrete reason for that. Related Reading | Bitcoin And Crypto Adoption Soars 880% In 2021, This Is What’s Driving It Before

Binance halts spot trading, fiat deposit services among others, in Singapore

dditionally, no user will be able to purchase cryptocurrencies through fiat channels and liquid swaps. The development comes after Binance made further changes to comply with the Monetary Authority of Singapore [MAS], by ceasing all related trades. Now, Binance has asked its Singapore users to withdraw fiat assets and redeem tokens by Wednesday, 26 October, 04:00 AM UTC to avoid potential trading disputes. Earlier this month, the country’s central bank had ordered Binance to stop soliciting trades for Singapore’s resident customers. Following this, the exchange had stopped offering SGD trading pairs