Fiat Money News

Fiat money is an assent without intrinsic value that is established as money by government regulation. Fiat money is worth something only while the government maintains it. Monetary economists define fiat money as an intrinsically-valueless object that is widely accepted as a means of payment. Fiat money is mostly under the jurisdiction of central banks that are the issuers of new currency while also being its main regulator. Fiat money is not necessarily a physical asset. Today most of the value of fiat money is stored in digital form. The supply of fiat currency is one of the most important macroeconomic tools for monetary authorities to manage inflation, stimulate intensive economic growth, and reduce unemployment. The purchasing power of fiat money is glued to the state’s authority and any damage to that authority leads to a decrease of fiat money’s value and results in inflation.

News
Six major central banks and the Bank for International Settlements jointly created a digital currency research group.
Six Major Central Banks to Collaborate on Digital Currency Research
Adrian Zmudzinski
2020-01-21T14:14:00+00:00
3442
News
Singapore-based crypto exchange Huobi partnered with a real estate firm in the UAE to offer secure crypto payment options for its real estate investors.
Huobi Exchange Partners With UAE Real Estate Firm to Enable Crypto Payments
Helen Partz
2020-01-13T11:46:00+00:00
2993
News
Major cryptocurrency exchange Binance has added support for Australian dollars and Thai baht.
Binance Crypto Exchange Adds Support for Australian Dollars and Thai Baht
Adrian Zmudzinski
2020-01-08T09:58:00+00:00
2438
News
A working paper raises concerns about a run on the banks in times of financial instability, with tiered interest rates proposed as a solution.
Europe Central Bank Proposes ‘Unattractive’ Rates for Digital Currency
William Suberg
2020-01-03T11:47:00+00:00
7251
News
Trading against four cryptocurrencies and two stablecoins to begin a day after Binance’s CEO promised to “bring crypto to the masses.”
Binance Debuts Euro Pairs as CZ Says 180 Fiat Currencies Set for 2020
William Suberg
2020-01-03T09:06:00+00:00
4329
News
Fixed supply, altcoin-beating qualities and a lack of corporate liability all ensure Bitcoin is streets ahead of the rest, says Konrad S. Graf.
Bitcoin: 4 Big Competitive Advantages Over Altcoins in 2020
William Suberg
2020-01-01T12:14:00+00:00
9456
News
Binance cryptocurrency exchange now allows users to buy crypto directly through Visa credit and debit cards that are linked to their exchange accounts.
Binance Users Can Now Buy Four Cryptos with Visa Credit and Debit Cards
Helen Partz
2019-12-27T12:18:00+00:00
7041
News
A statement confirms the Fed will ease the strain on banks over the new year period by creating more than three times Bitcoin’s market cap in new money.
US Fed to Print $425B for New Year’s — 3 Times Bitcoin’s Market Cap
William Suberg
2019-12-14T12:57:00+00:00
19600

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