Fiat

Fiat money is a currency established as money, often by government regulation, but that has no intrinsic value. 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.

Source: en.wikipedia.org

Bitcoin Daily: Chinese Authorities Reportedly Seized Crypto OTC Trader; Salesforce Co-founder Debuts Programmable Blockchain Platform

Bitcoin Daily: Chinese Authorities Reportedly Seized Crypto OTC Trader; Salesforce Co-founder Debuts Programmable Blockchain Platform
Bitcoin Daily: Chinese Authorities Reportedly Seized Crypto OTC Trader; Salesforce Co-founder Debuts Programmable Blockchain Platform
July 02, 2020  |  Bitcoin

In China, crypto over-the-counter (OTC) traders are being arrested in an attempt to crack down on illegal transactions, according to a report from CoinDesk. Get...

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Bitcoin Daily: Public Blockchain Cardano Developing Chip That Creates Cash-Like Crypto; Brazil Probes Banks Turning Away Crypto Firms; Albania Proposal To Regulate All Crypto
Bitcoin Daily: Public Blockchain Cardano Developing Chip That Creates Cash-Like Crypto; Brazil Probes Banks Turning...
May 22, 2020  |  Bitcoin

With new microchip tech by Cardano, cryptocurrency users would be able to access payment services without an internet connection. Get the Full Story Complete the...

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Bitcoin Daily: Lightnet Raises $31M, Dish Network Has Piracy Deterrent Based In Blockchain 
Bitcoin Daily: Lightnet Raises $31M, Dish Network Has Piracy Deterrent Based In Blockchain 
January 13, 2020  |  Bitcoin

The company that developed the Velo Protocol, Lightnet, has raised $31.2 million in a Series A funding round, according to a report by Coindesk Monday...

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Bitcoin Daily: NYDFS Takes New Look At Virtual Currency License; Binance To Add Support For Crypto/Fiat Trading
Bitcoin Daily: NYDFS Takes New Look At Virtual Currency License; Binance To Add Support For...
October 23, 2019  |  Bitcoin

The New York Department of Financial Services (NYDFS) is taking a closer look at the BitLicense, which requires all companies that process cryptocurrency transactions with...

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Crypto Goes After Intercompany B2B Payments
Crypto Goes After Intercompany B2B Payments
March 07, 2019  |  B2B Payments

Corporate payments are still not a guaranteed use case for cryptocurrencies. While some analysts say crypto is a viable technology to address the friction of...

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HTC’s Exodus Blockchain Phone Can Now Be Bought With Real Money
HTC’s Exodus Blockchain Phone Can Now Be Bought With Real Money
February 26, 2019  |  Innovation

Taiwanese tech company HTC will allow customers to buy its blockchain-based phone, the Exodus 1, with fiat (real money) currency all around the world, according...

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