Fiat Money News

Silvergate is a major crypto bank known for assisting the launch of El Salvador’s crypto wallet Chivo.

“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.

The Bank of England promotes CBDCs as a “revolution of money,” while Brits are not really willing to use it.

Some 450,000 JD.com customers have used China’s digital yuan for payments as of June.

Crypto capital is moving to Puerto Rico as tax regulations are much more favorable than in the United States.

Crypterium’s cryptocurrency wallet application is available in more than 170 countries, the company says.

XanPool positions itself as a “Uniswap-like” crypto-to-fiat AMM relying on the liquidity of its participants.

Billionaire Peter Thiel shared concerns that investing in Bitcoin is already a “known secret.”

The crypto asset's market capitalization overtook the Russian ruble in February after a major announcement from car manufacturer Tesla.

Last week, the Russian president said it was “a bit early” to use cryptocurrencies to settle oil trades.

Bitcoin should be there to allow people to save in the event the government fails, Senator Cynthia Lummis said.

The Bank of Russia remains skeptical on crypto despite the Russian president viewing it as a potential unit of account.

The Bank of Mexico and the National Banking and Securities Commission issued a statement earlier this year warning financial institutions not to deal with digital assets, but the president has not often spoken directly on the subject.

The CEO of the British bank believes stablecoins, CBDCs and even NFTs will likely outgrow cryptocurrencies.

Co-led by Tiger Global Management and Coatue Management, the VC funding will inject funds worth $400 million into the bootstrapped company.