Sentences with phrase «fiat banking»

The trading volume across exchanges is clearly correlated to the price of Bitcoin, which spiked above $ 1300 USD this week, for various reasons such as renewed interest due to the SEC looking into the Winklevoss ETF rejection and the exchange Bitfinex experience fiat banking issues.

The FSC announced back in January that investors in South Korea will have to buy cryptocurrencies under their own own name and using fiat banking channels to tackling money laundering practices.

When will support be available for UK FIAT bank transfers and VISA Card deposits / withdraws as well as other supported countries?

This partnership with Thales sees Saifu launching a new level of cybersecurity for their crypto and fiat banking services through the use of the Thales nShield hardware security modules (HSMs).

A fractional reserve fiat bank on the other hand, managed by a central bank, can do it with impunity because the central bank gives it the authority to do so and you can't do anything about it.

Still, there is a big disproportion between restraint supports in the fiat banking universe and what can be finished in the area of crypto.

There are few exchanges that allow traders to connect a fiat bank account, but they only sell the most mainstream cryptocurrencies: bitcoin, Ethereum, and sometimes Ripple or Litecoin.

Also, the exchange Bitfinex has been adding increased buying pressure since the discovery of their fiat banking issues.

Some sites called it a «fiat bank», albeit it is not clear if the company has a license for banking operations.

Perhaps the government interest in cryptocurrencies will lead to renewed faith within British banks toward Bitcoin, and eventually Bitcoin businesses will be able to do their fiat banking at home.