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Fiat Money News

Although the crypto space commonly uses the term, many folks may still wonder, “What is fiat money?” The fiat definition is fairly straightforward: Fiat money, also called fiat currency, refers to currencies put out by governing bodies and central banks. Fiat money examples include the U.S. dollar, the Chinese yuan and the Mexican peso. Governments control fiat, meaning it is a centralized form of money tied to the borders of each respective country, for the most part.

Different in its design and control, Bitcoin (BTC) is not a fiat currency. Bitcoin is borderless and decentralized, and governments neither issue nor control it. In general, cryptocurrencies are not fiat currencies, although some stablecoin assets represent certain fiat currencies in digital form.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Bitcoin hodlers could not ask for more, says Tone Vays as the U.K. central bank looks for protection against Brexit and coronavirus fallout.

Bank of England talks negative interest rates in best ‘ad’ for Bitcoin

2020-09-17T15:13:00+01:00

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Robert Kiyosaki calls the United States “bankrupt” as national debt bears $27 trillion, listing Bitcoin among the three “best” long-term investments.

COVID-19 vaccine will spark Bitcoin ‘crash’ — Rich Dad Poor Dad author

2020-09-16T10:40:00+01:00

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The digital renminbi is legally compensatory to China’s fiat currency.

No one can refuse China’s digital currency, says central bank exec

2020-09-14T10:32:45+01:00

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BNB seems to have failed to meet certain standards on Binance's Uganda platform.

Binance crypto exchange delists its own token on Uganda platform

2020-09-09T14:45:00+01:00

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The digital yuan will not unseat the U.S. dollar — at least not right away.

At least 3 nations to replace their currency with CBDC by 2030: report

2020-09-09T11:00:00+01:00

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Gold and Bitcoin as safe havens may be about to outperform stocks, a Bloomberg strategist says.

Bitcoin may sustain $10K as gold nears ‘inflection point’ vs. stocks

2020-09-04T12:42:00+01:00

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Rampant inflation of the dollar’s M2 money supply is only enriching the “cantillionaires,” Max Keiser argues as its velocity hits record lows.

Bitcoin, USD velocity both crash — but BTC price reacted differently

2020-09-02T11:04:00+01:00

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Foreign investors still doubt the PBoC's policies when it comes to the RMB exchange rate.

Digital yuan doesn't pose a threat to the hegemony of the dollar, says expert

2020-08-28T19:05:00+01:00

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