Auto Added by WPeMatico
A new Bank of America (BOA) research study has found that both central bank digital currencies (CBDCs) and private digital currencies hold “a lot of potential” for increasing financial inclusion in developing countries. In the report, the bank also argues that such “digital currencies could reduce transaction costs and allow more economic activities in emerging […]Powered by WPeMatico
The Turkish lira currency plunged by more than 10% on March 22 after the country’s President Recep Tayyip Erdogan unexpectedly fired Naci Agbal, the country’s central bank governor. Having initially touched a new low of 8.280 a dollar, the lira recovered to close at 7.75 a dollar by 20.00 hours GMT. Inflation Fears On the […]Powered by WPeMatico
Bitcoin’s record-breaking rally is continuing into the new year with the bitcoin to gold exchange rate touching a new all-time high of 17.38 ounces per bitcoin. According to data from Marketwatch, the new high easily surpasses the all-time high recorded on January 01, 2021, of 10.74 ounces per coin. The new milestone comes as the […]
The post BTC to Gold Exchange Rate Surges to New All Time High of 17 Ounces per Bitcoin appeared first on Bitcoin News.
Powered by WPeMatico
A former Microsoft software engineer and co-founder of Buycoins Africa Tomiwa Lasebikan says some Nigerians expatriates are now using bitcoin to circumvent the country’s overvalued exchange rate when sending remittances. According to Lasebikan, the Central Bank of Nigeria (CBN)’s fixed exchange rate of $1:380 is robbing recipients 20-30% of their remittance value each time they […]
The post Former Microsoft Engineer Says Nigerian Expatriates Are Using Bitcoin to Circumvent Country’s Overvalued Exchange Rate appeared first on Bitcoin News.
Powered by WPeMatico
Bitcoin brought about solutions to persistent problems that stood in the way of previous attempts to invent digital money, such as the risk of double spending. Some of its features, however, like the characteristic irreversibility of blockchain transactions, have created certain challenges for the traditional legal and financial systems. At times they may seem incompatible […]
The post Traditional Law and Finance Can Adapt to Bitcoin, These Examples Show appeared first on Bitcoin News.
Powered by WPeMatico
On June 1, cryptocurrency enthusiasts were shocked to hear that the peer-to-peer exchange Localbitcoins has ceased offering in-person cash trades. According to a few users, all pending fiat trades have been canceled, leaving local traders who prefer cash high and dry and forced to seek other avenues. Also read: Bitcoin.com’s Local Bitcoin Cash Marketplace Gathers […]
The post Localbitcoins Removes In-Person Cash Trades Forcing Traders to Look Elsewhere appeared first on Bitcoin News.
Powered by WPeMatico
On June 4, Bitcoin.com is gearing up to launch our peer-to-peer trading platform Local.Bitcoin.com. After the exchange was announced, the public were invited to create their accounts and place orders. So far the exchange has seen a huge swarm of interest, with over 4,500 signups to date. Also read: Bitcoin.com Celebrates 4 Million Wallets Created […]
The post Bitcoin.com’s Local Bitcoin Cash Marketplace Gathers Thousands of Pre-Launch Signups appeared first on Bitcoin News.
Powered by WPeMatico
About a month ago, Bitcoin.com launched its free point-of-sale solution, Bitcoin Cash Register, for Android operating systems. This week our developers have released Bitcoin Cash Register for iOS mobile phones allowing any merchant with an Apple device to accept bitcoin cash payments. Also read: How to Use Bitcoin.com’s New Point-of-Sale Solution — Bitcoin Cash Merchant […]
The post Bitcoin.com Launches Free Bitcoin Cash Register Platform for iOS Devices appeared first on Bitcoin News.
Powered by WPeMatico
On June 4, Bitcoin.com is launching a peer-to-peer marketplace called Local.Bitcoin.com that will allow users from around the world to buy and sell bitcoin cash (BCH). Now crypto enthusiasts and traders can create a pre-launch account to explore the trading platform and create orders on the exchange in advance. Also read: Bitcoin.com Celebrates 4 Million […]
The post Local.Bitcoin.com Aims to Spread Economic Freedom Through P2P Exchange of BCH appeared first on Bitcoin News.
Powered by WPeMatico
During the third week of April, Bitcoin.com released a new point-of-sale (PoS) service called Bitcoin Cash Merchant for Android operating systems. The free platform allows any retail location to accept bitcoin cash (BCH) without registering an account. With the Bitcoin Cash Merchant platform, store owners can open their businesses to a new form of payment […]
The post Learn How to Use Bitcoin.com’s New Point-of-Sale Solution — Bitcoin Cash Merchant appeared first on Bitcoin News.
Powered by WPeMatico