Fiat Money News

Although the crypto space commonly uses the term, many folks may still wonder, “What is fiat money?” The fiat definition is fairly straightforward: Fiat money, also called fiat currency, refers to currencies put out by governing bodies and central banks. Fiat money examples include the U.S. dollar, the Chinese yuan and the Mexican peso. Governments control fiat, meaning it is a centralized form of money tied to the borders of each respective country, for the most part. 

Different in its design and control, Bitcoin (BTC) is not a fiat currency. Bitcoin is borderless and decentralized, and governments neither issue nor control it. In general, cryptocurrencies are not fiat currencies, although some stablecoin assets represent certain fiat currencies in digital form.

Market Analysis
Ether lost roughly 13.50% versus Bitcoin’s 9% decline in the past 24 hours.
Ethereum plunges 13%, down more than Bitcoin after Fed spooks crypto markets
Yashu Gola
2022-01-06T12:41:00+00:00
77981
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The investment follows a May 2021 partnership between the two firms aimed at expanding access to crypto-fiat exchanges.
Moneygram buys 4% stake in crypto ATM operator Coinme
Turner Wright
2022-01-05T21:15:00+00:00
3650
News
12-year-old Barnaby Swinburn scored 162 on the Mensa IQ test and became a member of the high-IQ society.
Child prodigy with 162 IQ wants cryptocurrency for Christmas and gets it
Arijit Sarkar
2021-12-25T12:18:58+00:00
32576
News
Once implemented, the crypto law will implement a new economic model that can potentially help recover the lira's falling value.
Turkey’s crypto law is ready for parliament, President Erdoğan confirms
Arijit Sarkar
2021-12-25T04:53:25+00:00
19976
News
The adoption of Bitcoin is changing El Salvador’s economic landscape, according to the Salvadoran president.
President Bukele fires back at critics on ‘Bitcoin experiment’
Arnold Kirimi
2021-12-24T09:32:27+00:00
10047
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Silvergate is a major crypto bank known for assisting the launch of El Salvador’s crypto wallet Chivo.
Crypto.com and Silvergate enable institutions to buy and sell crypto with USD
Helen Partz
2021-11-30T13:30:49+00:00
6517
News
“CBDC would be part of an effort to address the use of crypto in financial transactions,” Central Bank of Indonesia assistant governor Juda Agung said.
CBDC is a tool to combat Bitcoin, says Bank of Indonesia exec
Helen Partz
2021-11-30T11:53:35+00:00
8685
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The Bank of England promotes CBDCs as a “revolution of money,” while Brits are not really willing to use it.
Bitcoin too volatile to be adopted as legal tender, says BoE chief
Helen Partz
2021-11-26T11:44:02+00:00
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