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Official explains why China CBDC should not be as anonymous as cash

by CoinTelegraph By Helen Partz | Jul 26, 2022 | Anonymity, Cash, CBDC, Central Bank, china, fiat money, People's Bank of China, Privacy, Yuan

While cash is associated with more anonymity, it’s still less mobile and easy to use in large amounts than a digital currency, China’s CBDC project lead Mu Changchun said.

Binance-owned Trust Wallet adds buy option via Binance Connect

by CoinTelegraph By Helen Partz | Jun 22, 2022 | Binance, Cryptocurrencies, Cryptocurrency Exchange, fiat money, Wallet, web3

Binance's self-custodial crypto wallet Trust Wallet aims to enable the purchase of more than 200 digital assets with 40 fiat currencies via Binance Connect, formerly known as Bifinity.

Tether aims to decrease commercial paper backing of USDT to zero

by CoinTelegraph By Helen Partz | Jun 15, 2022 | Cryptocurrencies, Dollar, fiat money, Tether, United States

Tether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely remove it.

Bitcoin ecosystem makes a U-turn recovery in global ATM installations

by Cointelegraph By Arijit Sarkar | Jun 11, 2022 | ATM, Bitcoin Payments, CoinATMRadar, Cryptocurrencies, ecosystem, fiat money

Halfway through 2022, the BTC ATM installation numbers dropped 89.75% by May, followed by a swift recovery in June.

Bitcoin gains superior to stocks in the long term, economist says

by CoinTelegraph By Helen Partz | May 13, 2022 | Cryptocurrencies, fiat money, Huobi, Investments, nasdaq, Predictions, shares, Stocks, Technology

Crypto is more volatile than stocks and thus is associated with higher risks, but it also offers better return opportunities, industry executives agree.

Ukraine bans Bitcoin purchases with local currency amid martial law

by CoinTelegraph By Helen Partz | Apr 22, 2022 | Central Bank, Cryptocurrencies, Cryptocurrency Exchange, fiat money, forex, Ukraine

Ukrainians are now allowed to buy Bitcoin only with foreign currency with a monthly cap of $3,300.
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