Cash

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P2P Crypto Trading App Allows You to Protect Your Privacy

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Regulatory pressures as well as the development of third-party, intermediary and custodial services in the crypto space have been limiting the share of peer-to-peer trading. A new contender is now challenging established P2P exchanges by offering users a mobile service that allows them to determine the level of privacy they want to maintain, and use … Read more

Italians Love Cash But Are Growing Fond of Crypto, New Stats Suggest

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Italy, one of the world’s largest economies, has faced plenty of financial challenges in the past decade. That’s probably one of the reasons why cryptocurrencies have been faring better there than in other European countries. Italians love cash but are also warming up to its decentralized digital alternative. The number of businesses accepting crypto payments … Read more

Another Chinese Lender Bailed Out After Bank Run

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Yichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the government this year. The small financial institution, which has around 30 branches only in the Yichuan county, experienced a bank run sparked by rumors that its top management was in trouble … Read more

Connecting Cash to the Internet Using Stablecoins

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Most often overlooked in the fintech space is the world’s most scalable and private payment system: cash. It is used in every country around the world and despite its much exaggerated demise, according to the G4S Global Cash Report 2018, cash circulation has risen to 9.6% of GDP across developed and emerging market countries since … Read more

When Cash Is Banned, Centralized Cryptos Are Not Going to Save You

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Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many Aussies are celebrating Bitcoin’s exclusion from this clause, others find the move away … Read more

Oxfam Trials Aid Distribution With DAI, Future Use ‘Highly Likely’

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A pilot program saw Oxfam distribute financial aid in the form of tap-and-pay cards developed for Sempo’s payment platform that were loaded with DAI to 200 citizens of Vanuatu to test the efficacy of blockchain-based disaster relief solutions Go to Source Powered by WPeMatico