News
The investment follows a May 2021 partnership between the two firms aimed at expanding access to crypto-fiat exchanges.
3607
Cash News
Economists define cash as a physical form of money, such as banknotes and coins. Bookkeepers and financiers explain cash money as a current asset, including currency or its equivalent, that can be accessed immediately. Cash existed in the form of coins until Venetian merchants started using the first banknotes in the early Middle Ages. Today, most cash is being replaced by digital money, which has become the largest share of the total money supply. While cash is not useful for remote payments and is not as fast as digital currency, it is very convenient for private and secure transactions — though this is gradually being replaced with cryptocurrencies. In 2016, 1 out of 7 people in the UK were reportedly no longer using cash, which may indicate the possible existence of a cashless society in the near future — proposals of which are coming from around the world.
- News
The Bank of Russia remains skeptical on crypto despite the Russian president viewing it as a potential unit of account.
9971 - News
The central bank of New Zealand has outlined the major benefits of CBDC designs based on blockchain technology.
6152 - Markets News
The Nasdaq-listed company recently announced it added another 5,050 Bitcoin to its coffers for about $242.9 million.
10246 - Market Analysis
Bitcoin and Ethereum have been majorly trading in sync since 2018, increasing risk exposure of crypto-only investment portfolios.
58166 - Sponsored
Widening economic inequality is a global issue, but this crypto app aims to deliver fairer outcomes for consumers while they shop.
2600 - News
The Agricultural Bank of China previously debuted digital yuan ATMs this January.
3917 - Opinion
It will take some time for consumers to warm up to crypto, but education is the key to its mass adoption.
12646 - News
While CBDCs could help central banks address the decline in cash payments, some risk factors remain.
9538 - News
The ECB will decide whether to proceed with digital euro pilots by mid-2021, Lagarde said.
6651 - Video
Kraken Bitcoin strategist Pierre Rochard debates professor of computer science Jorge Stolfi on whether Bitcoin meets the definition of a Ponzi scheme.
31295 - News
"This was not Cash App’s decision — we disagree with this move wholeheartedly," tweeted the service.
7423 - BlockShow
The Ethereum co-founder believes that CBDCs are good for macroeconomics, but there are also certain challenges.
7847 - BlockShow
The decision on how to launch a digital euro could still be a long time coming.
4647 - News
BIS Innovation Hub head Benoît Cœuré stressed the importance of maintaining multiple payment options beyond just CBDCs.
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