fiat currency

Fiat money is a currency without intrinsic value that has been established as money, often by government regulation. Fiat money does not have use value, and has value only because a government maintains its value, or because parties engaging in exchange agree on its value.

Mastercard and Nuvei Team to Provide Digital Asset Offramp
Mastercard and Nuvei Team to Provide Digital Asset Offramp
July 11, 2024  |  Partnerships

Mastercard and Canadian FinTech Nuvei have teamed to help consumers turn digital assets into fiat currency. The collaboration, announced Thursday (July 11), is open to...

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Square Gets Patent For Crypto-Friendly Real-Time Payments System
Square Gets Patent For Crypto-Friendly Real-Time Payments System
January 22, 2020  |  Cryptocurrency

Square, the payments provider operated by Twitter CEO Jack Dorsey, won a patent to debut new tech, allowing users with different assets to transfer payments,...

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i2c Teams With Wirex To Introduce Multicurrency Travelcard To APAC Customers
i2c Teams With Wirex To Introduce Multicurrency Travelcard To APAC Customers
December 30, 2019  |  Partnerships / Acquisitions

Digital banking and payments firm i2c is partnering with borderless digital payments platform Wirex to introduce a multicurrency travelcard for customers in the Asia-Pacific (APAC)...

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Bitcoin Daily: African Open Blockchain Ecosystem In The Works; Authorities Shut Down Bitcoin Scam In Brazil
Bitcoin Daily: African Open Blockchain Ecosystem In The Works; Authorities Shut Down Bitcoin Scam In...
December 09, 2019  |  Bitcoin

Sekunjalo Investment Holdings has teamed up with Chinese public blockchain leader Ultrain Technology Limited to develop a pan-African open blockchain system called the African Chain...

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Wirex Launches Multicurrency Visa Travelcard For APAC Customers
Wirex Launches Multicurrency Visa Travelcard For APAC Customers
November 11, 2019  |  Global Payments

Digital borderless payment platform Wirex, which allows users to pay with both fiat currency and cryptocurrency, has teamed up with Visa to offer the Wirex...

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Alipay Bans Crypto Transactions
Alipay Bans Crypto Transactions
October 11, 2019  |  Cryptocurrency

Alipay revealed that it will be banning any transactions related to bitcoin and other cryptocurrencies. Its announcement came the day after crypto exchange Binance tweeted that...

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Bitcoin Daily: UnionBank Launches Bitcoin ATM; Coinbase Invests In Disappearing Blockchain Startup
Bitcoin Daily: UnionBank Launches Bitcoin ATM; Coinbase Invests In Disappearing Blockchain Startup
April 05, 2019  |  Bitcoin

People who want to use UnionBank of the Philippines‘s (UBP’s) new bitcoin ATM will need to have an account with the bank. According to The...

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CoinAcquiring Targets Crypto Companies’ Banking Services Gap
CoinAcquiring Targets Crypto Companies’ Banking Services Gap
April 01, 2019  |  B2B Payments

CoinAcquiring is rolling out a bank account service targeting businesses in the cryptocurrency industry. A press release issued on Friday (March 29) said CoinAquiring, a...

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Bitcoin Daily: Ripple, Chinese University Debut Blockchain Scholarship; UK Reg Drafts Crypto Assets Guidance
Bitcoin Daily: Ripple, Chinese University Debut Blockchain Scholarship; UK Reg Drafts Crypto Assets Guidance
January 24, 2019  |  Bitcoin

The Institute for FinTech Research at Beijing’s Tsinghua University (THUIFR) has unveiled a blockchain scholarship program with Ripple’s help, Cointelegraph reported.  Through the program, graduate students...

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