Fiat Currency

Coinbase drops peso-based services in Argentina less than a year after market entry
The move is deemed a "deliberate pause" and not a full exit, with Coinbase planning to reassess and return with a stronger product.

Fantasy-Sports Firm Sorare Looks to Increase Appeal by Diluting Crypto Association
While Sorare has over 5 million registered users, it is looking to fuel further growth by adding support for the U.S. dollar, euro and British pound.

Bitcoin-British Pound Pair on Crypto Exchanges More Active Than Ever
The bitcoin-British pound pair listed on major crypto exchanges is more active than ever, reports CoinDesk's Omkar Godbole. Bitcoin's (BTC) price in the British pound market is diverging from prices in other fiat currency markets, creating an arbitrage opportunity. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Is Powell 2022’s Paul Volcker? The Answer Matters to Bitcoin
Bitcoin's success depends on whether Powell, like Volcker, can successfully moderate inflation and restore trust in the fiat system.

Crypto Exchange Huobi Global Enables Cryptocurrency Purchases With Fiat in Latin America
Huobi partnered with AstroPay, a company that offers online payment solutions, to offer the service.

ECB Warns That Crypto Risks Could Spill Over Into Wider Economy
Given the increasing risks of crypto, it is important to bring it into the regulatory perimeter as a matter of urgency, the European Central Bank said in a report.

Tim Draper on Bitcoin and the Collapse of Fiat
The billionaire scion joined CoinDesk TV to discuss the future of money.

BIS Rules Out Distrust in Mainstream Finance as Crypto Driver
People with more security concerns about fiat money may seek information about crypto, but ultimately decide not to invest.

Crypto.com Joins With Circle to Enable USD Deposits for USDC
Users will be able to wire transfer their funds to Circle and receive USDC at a 1:1 conversion rate.


