Browsing Tag

FIAT money

A study by the Crypto ISAC platform has revealed the preference of criminals for cash for their misdeeds over cryptocurrencies. Cash leaves no digital footprint, making it almost impossible to detect illicit transactions. Hence, it is the preferred tool of criminals. In contrast, in the case of…
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IMF says CBDCs can promote financial inclusion

The speech by the director of the International Monetary Fund, Kristalina Georgieva, during the inauguration of the FinTech Festival in Singapore, was an exhortation to public institutions to prepare for the implementation of CBDCs as an…

South Dakota will treat CBDCs as money

The Senate of South Dakota, a state located in the Midwestern United States, recently passed a law that establishes that digital currencies issued by central banks, known as CBDCs, will be considered as legal money in the state. However,…

Revolut adds more cryptocurrencies to its portfolio

UK financial services provider Revolut announced the addition of 11 new cryptocurrencies to its trading list. Through an official statement, the company detailed that its clients will now be able to trade with assets such as cardano,…