fiat currency

Fiat money is a currency without intrinsic value that has been established as money, often by government regulation. Fiat money does not have use value, and has value only because a government maintains its value, or because parties engaging in exchange agree on its value.
Square Gets Patent For Crypto-Friendly Real-Time Payments System
Square Gets Patent For Crypto-Friendly Real-Time Payments System
January 22, 2020  |  Cryptocurrency

Square, the payments provider operated by Twitter CEO Jack Dorsey, won a patent to debut new tech, allowing users with different assets to transfer payments,...

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i2c Teams With Wirex To Introduce Multicurrency Travelcard To APAC Customers
i2c Teams With Wirex To Introduce Multicurrency Travelcard To APAC Customers
December 30, 2019  |  Partnerships / Acquisitions

Digital banking and payments firm i2c is partnering with borderless digital payments platform Wirex to introduce a multicurrency travelcard for customers in the Asia-Pacific (APAC)...

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Bitcoin Daily: African Open Blockchain Ecosystem In The Works; Authorities Shut Down Bitcoin Scam In Brazil
Bitcoin Daily: African Open Blockchain Ecosystem In The Works; Authorities Shut Down Bitcoin Scam In...
December 09, 2019  |  Bitcoin

Sekunjalo Investment Holdings has teamed up with Chinese public blockchain leader Ultrain Technology Limited to develop a pan-African open blockchain system called the African Chain...

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Wirex Launches Multicurrency Visa Travelcard For APAC Customers
Wirex Launches Multicurrency Visa Travelcard For APAC Customers
November 11, 2019  |  Global Payments

Digital borderless payment platform Wirex, which allows users to pay with both fiat currency and cryptocurrency, has teamed up with Visa to offer the Wirex...

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Alipay Bans Crypto Transactions
Alipay Bans Crypto Transactions
October 11, 2019  |  Cryptocurrency

Alipay revealed that it will be banning any transactions related to bitcoin and other cryptocurrencies. Its announcement came the day after crypto exchange Binance tweeted that...

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Bitcoin Daily: UnionBank Launches Bitcoin ATM; Coinbase Invests In Disappearing Blockchain Startup
Bitcoin Daily: UnionBank Launches Bitcoin ATM; Coinbase Invests In Disappearing Blockchain Startup
April 05, 2019  |  Bitcoin

People who want to use UnionBank of the Philippines‘s (UBP’s) new bitcoin ATM will need to have an account with the bank. According to The...

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CoinAcquiring Targets Crypto Companies’ Banking Services Gap
CoinAcquiring Targets Crypto Companies’ Banking Services Gap
April 01, 2019  |  B2B Payments

CoinAcquiring is rolling out a bank account service targeting businesses in the cryptocurrency industry. A press release issued on Friday (March 29) said CoinAquiring, a...

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Bitcoin Daily: Ripple, Chinese University Debut Blockchain Scholarship; UK Reg Drafts Crypto Assets Guidance
Bitcoin Daily: Ripple, Chinese University Debut Blockchain Scholarship; UK Reg Drafts Crypto Assets Guidance
January 24, 2019  |  Bitcoin

The Institute for FinTech Research at Beijing’s Tsinghua University (THUIFR) has unveiled a blockchain scholarship program with Ripple’s help, Cointelegraph reported.  Through the program, graduate students...

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Bitcoin Daily: Jamie Dimon Couldn’t Care Less About Bitcoin; Dapper Labs Notches $15M For CryptoKitties
Bitcoin Daily: Jamie Dimon Couldn’t Care Less About Bitcoin; Dapper Labs Notches $15M For CryptoKitties
November 02, 2018  |  Bitcoin

JPMorgan Chase CEO and Chairman Jamie Dimon is not a huge fan of bitcoin and offered a comment on the cryptocurrency’s 10th anniversary, Financial News...

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