Tag: fiat currency

  • Bitcoin
    Bitcoin

    Ex-Fed Chair Yellen Rants Against Bitcoin: “I Am Not a Fan”

    Janet Yellen, former Chair of the Federal Reserve, shared her dislike of Bitcoin in a five-minute speech at CFA Montreal. The ex-central banker mentioned its little transactional volume, connection to terrorist activities as well as money laundering, and inefficiencies for the purpose of processing payments. Janet Yellen Forgets...

    Ricardo Esteves | November 1, 2018 | 12:00 am
  • Bitcoin

    Sweden to Bring Forward Launch of State-Backed Digital Currency e-Krona

    The government of Sweden has called for plans to launch a digital version of their fiat currency, the krona, to be brought forward. As the country moves rapidly towards a cashless future, there are concerns that citizens will turn to means of payments provided by “private agents” without...

    Rick D. | October 26, 2018 | 6:00 pm
  • Industry

    Crypto is Taking Over Venezuela, Due to the Country’s Destroyed Fiat System

    Venezuela is facing hyperinflation and international sanctions that have brought the economy and its people to their knees. In response, President Nicolás Maduro recently mandated that his Petro crypto will become the nation’s second official currency starting tomorrow, August 20. In relation, some believe a “post-fiat” world is emerging in...

    newsbtc | August 20, 2018 | 9:00 am
  • Bitcoin
    Industry

    International Banking Study Calls Centralized Crypto Inevitable

    A new report issued by an international banking group analyzing the use of cryptocurrency by central banks recognizes the usefulness of digital currency while calling into question their overall safety and security. Study Calls Centralized Crypto Inevitable The Bank for International Settlements issued a report on Monday saying that...

    newsbtc | March 14, 2018 | 6:00 am
  • Swift Institute Offers €15,000 to Research Blockchain Technology
    Uncategorized

    SWIFT Institute Researchers: Bitcoin Not a Threat to Fiat Ecosystem

    Is Bitcoin a threat to the traditional monetary system and financial institutions? A group of SWIFT Institute researchers refuse to believe so. A working paper titled “Virtual Currencies: Media of exchange or speculative asset?” published by Dirk G Baur, Kihoon Hong and Adrian D Lee analyzes the dynamic relationship...

    Gautham | September 6, 2016 | 11:00 am
  • NewsBTC_BitBay
    Bitcoin

    BitBay Offers Ethereum Trading Against Fiat And Bitcoin

    BitBay is on a mission to bring not only Bitcoin, but also Ethereum trading to Poland. Thanks to a variety of trading markets, users can trade ETH against PLN, Bitcoin, EUR, and US Dollar. All in all, this seems to be very positive news for Ethereum, as the...

    newsbtc | April 7, 2016 | 11:00 am
  • NewsBTC_Bitcoin Full-Reserve Banking
    Bitcoin

    The Viability of Bitcoin In A Full-Reserve Banking Scenario

    Bitcoin is often referred to as being many things, ranging from a commodity to currency, and even a solution to solving all of the financial trouble in unbanked and underbanked regions. But very few people believe Bitcoin has the potential to change reserve banking altogether, allowing consumers to...

    newsbtc | March 27, 2016 | 7:00 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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