FSB starts from the definition of “global stablecoin”, which serves as a means of payment and storage and has the potential for adoption across multiple jurisdictions. Normally, the numerous reports published by the Financial Stability Board (FSB) don’t contain particularly bold suggestions.  The international monitoring body, comprised of financial authority representatives from the 20 largest […]

The exchange reported receiving approval for Bitcoin Services Provider and Digital Assets Services Provider licenses in El Salvador, where Bitcoin has been legal tender since 2021. Global cryptocurrency exchange Binance has reported being granted licensing to provide services to residents of El Salvador. In an Aug. 8 announcement, Binance said El Salvador’s Central Reserve Bank […]

Why a Canadian Bitcoin advocate is giving out free Bitcoin tips, or Zaps, to people around the globe–and why the Zap trend is catching on. A Bitcoin advocate based in Canada has “Zapped” 600 people a total of 300 Satoshis ($0.09 or 0.000003 BTC) each in a Bitcoin-inspired (BTC) social media experiment.  To date, marketing […]

In recent weeks, Treasury yields have skyrocketed, igniting a Wall Street dispute over whether the precipitous sell-off is now overextended. A small group of prominent investors are wagering that bond prices will bounce back following the abrupt escalation in rates. Hedge Funds Place Bold Wagers Against Treasuries Amid Soaring Yields Analysts at Goldman Sachs and […]

The post Solana (SOL), Avalanche (AVAX), and DigiToads (TOADS) Shaping Crypto Gaming in 2023 appeared first on Coinpedia Fintech News As the world of cryptocurrency continues to evolve, crypto gaming is one of the most exciting and dynamic areas of innovation. In 2023, crypto gaming has reached new heights, attracting an ever-expanding community of gamers, […]

The post Bitcoin Price Prediction: BTC Price To Surge 100% Within A Year, Analyst Predicts appeared first on Coinpedia Fintech News In a recent youtube interview with Scott Melker, Preston Pysh confidently stated that Bitcoin will emerge as the 100% ultimate store of value and a potent hedge against the relentless erosion of fiat currencies, […]

The post Binance Becomes the First Fully Licensed Crypto Exchange in El Salvador, Receives Two Licenses From Regulators appeared first on Coinpedia Fintech News El Salvador’s status as a leading crypto nation has been further strengthened as Binance, one of the world’s leading cryptocurrency exchanges, has become the first to gain full licensing approval within […]

The post Why You Should Invest in CONG and GALA2 Tokens during Their Presale Stages appeared first on Coinpedia Fintech News In the dynamic realm of cryptocurrency investments, the adage “early bird catches the worm” couldn’t hold truer. The presale stages of tokens are often the golden windows of opportunity that can lead to substantial […]

Coinspeaker Brazil Gives Name and Logo to Its Central Bank Digital Currency (CBDC) – DREX The Central bank of Brazil continues to push further with its progress o the central bank digital currency (CBDC). Previously popular as Digital Real, the CBDC gets a new official brand name aka the DREX. On Monday, August 7, Brazil’s […]

Coinspeaker Moody’s Reduces Ratings of Several US Banks and Puts More Under Review for Potential Downgrades Bond credit rating platform Moody’s Investors Service has reduced its ratings of several banks in the US. In addition to the cut in these ratings, Moody’s also put several banks under review for possible rating cuts. The announced reduction […]