Fidelity: Bitcoin is a ‘superior form of money’
Fidelity argued Bitcoin should be considered separately from the rest of the digital asset market as no other altcoin comes close to its properties Go to Source Powered by WPeMatico
Fiat Money
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Mexico’s Third Richest Billionaire’s Advice: Invest in Bitcoin, Stay Away From Dollars, Euros
Mexico’s third-richest billionaire has advised people to stay away from fiat currencies, like the dollar and euro, and invest in bitcoin. Calling fiat “fake money made of paper and lies,” he stressed that “central banks are printing more money than ever before.” Ricardo Salinas Pliego Recommends Investing in Bitcoin, Says Avoid Fiat Money Mexico’s third-richest … Read more
Child prodigy with 162 IQ wants cryptocurrency for Christmas and gets it
The 12-year-old Barnaby Swinburn scored 162 on the Mensa IQ test and became a member of the high-IQ society. Go to Source Powered by WPeMatico
Turkey’s crypto law is ready for parliament, President Erdoğan confirms
Once implemented, the crypto law will implement a new economic model that can potentially help recover the lira’s falling value. Go to Source Powered by WPeMatico
Crypto.com and Silvergate enable institutions to buy and sell crypto with USD
Silvergate is a major crypto bank known for assisting the launch of El Salvador’s crypto wallet Chivo. Go to Source Powered by WPeMatico
CBDC is a tool to combat Bitcoin, says Bank of Indonesia exec
“CBDC would be part of an effort to address the use of crypto in financial transactions,” Bank of Indonesia’s assistant governor Juda Agung said. Go to Source Powered by WPeMatico
Bitcoin too volatile to be adopted as legal tender, says BoE chief
The Bank of England promotes CBDCs as a “revolution of money,” while Brits are not really willing to use it. Go to Source Powered by WPeMatico
Chinese retail giant JD accepts digital yuan payments for Singles Day
Some 450,000 JD.com customers have used China’s digital yuan for payments as of June 2021. Go to Source Powered by WPeMatico
Slovenia Launches Public Consultations on Crypto Taxation Law
Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. The proposal, aimed at clarifying the matter, has been submitted for public consultations this week, local media reports revealed. Slovenia to Amend Tax Rules for Cryptocurrencies The Finance Ministry in Ljubljana has opened public consultations … Read more
UK FCA grants registration to crypto startup Crypterium
Crypterium’s cryptocurrency wallet application is available in more than 170 countries, the company says. Go to Source Powered by WPeMatico
