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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

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's $100K price target returns as BTC price breaks out of bull pennant

What Bitcoin correction? BTC price holds $55K despite several bearish indicators

Developed by the Cardano Foundation and Coti, the solution allows merchants to accept ADA payments with settlement in 35 fiat currencies.

Cardano’s Payment Gateway for Merchants Is Now Live

2019-11-29T05:20:00+00:00

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Major United States-based crypto exchange Kraken joined the Silvergate Exchange Network, following Winklevoss’ Gemini.

Kraken, One of Oldest Bitcoin Exchanges, Joins Silvergate Exchange Network

2019-11-28T15:29:00+00:00

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Bitcoin educator Andreas Antonopoulos says that while futures markets may indeed place a damper on the coin’s price, the stakes are different to what you might ...

Antonopoulos: Cash-Settled Bitcoin Futures Traders Face ‘Black Hole’

2019-11-28T10:08:00+00:00

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Ghana is exploring a central bank digital currency “with the possibility of issuing” an e-cedi in the near future.

Ghana Exploring Digitized National Currency, Says Central Bank Exec

2019-11-27T13:47:00+00:00

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The benefits of a currency which bypasses restrictions on saving means those saddled with inflationary debt can free themselves, argues hedge fund executive.

Bitcoin Gives the World ‘Democratization of Savings’ — Hedge Fund Exec

2019-11-27T08:46:00+00:00

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Volksbank Raiffeisenbank Fürstenfeldbruck has become the country’s first bank to charge every client 0.5% of their savings — for the privilege of storing fiat.

German Bank Boosts Bitcoin — Negative Interest Rates Hit Every Account

2019-11-21T09:27:00+00:00

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A new prepaid card allows users to top up using cryptocurrency and instantly make fiat withdrawals and purchases at ATMs, stores and websites.

Card Accepts Crypto Top-Ups, Can Be Used in ATMs and Stores Worldwide

Connor Blenkinsop

2019-11-20T15:12:00+00:00

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The Tor Project, the nonprofit organization behind the anonymous network Tor, announced that it now accepts Bitcoin donations via the Lightning Network.

Tor Project Now Accepts Bitcoin Over Lightning Network

Adrian Zmudzinski

2019-11-20T11:49:00+00:00

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