Fiat Currency


Markets

New York Fed's 'Bitcoin Is Just Another Fiat' Claim Sparks Controversy

Economists at the New York Federal Reserve think bitcoin is a fiat currency. Nic Carter thinks the New York Fed is "insane."

“I don't know if their intent is to denigrate bitcoin but it comes off that way,” said Nic Carter of a NY Fed report. (Northfoto/Shutterstock)

Markets

Fiat Currencies Are About to Become Essential to Public Blockchains

If we want blockchains to deliver upon their promise, we must be able to transact using traditional fiat currencies, EY's blockchain lead writes.

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Markets

Crypto Cries Foul In Wake of Tether's Dollar Token Report

Tether announced its tokens are fully-backed by real cash according to a third-party review but the crypto community doesn't seem convinced.

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Markets

Bank of Canada Paper Weighs Central Bank-Issued Cryptocurrency

Developed and developing economies would see different benefits if their central banks issued a cryptocurrency.

Canada

Markets

Why Cities Will Soon Choose Digital Currency Over Fiat Money

Pavel Bains argues that its only a matter of time before a city makes the leap to its own, digital, currency.

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