# Fiat Articoli collegati

China Steps Up Crypto Crackdown, Blocks Domestic And Overseas Issuers

China has intensified its crackdown on the cryptocurrency sector, reinforcing its ban on virtual currencies while imposing stricter oversight on offshore token issuance linked to Chinese assets. The People’s Bank of China, along with other regulators, prohibited domestic firms and their overseas affiliates from issuing cryptocurrencies abroad without approval. The move specifically targets unauthorized offshore yuan-pegged stablecoins, emphasizing that the digital yuan remains the only state-backed digital currency. While the ban on cryptocurrencies remains, the new guidelines introduce regulatory clarity for real-world asset (RWA) tokenization, signaling a milestone for the RWA sector. Authorities expressed concerns over speculative risks and reiterated that virtual currencies lack legal status equivalent to fiat money.

bitcoinist02/07 16:01

Bitcoin's Pursuit of a Monetary Standard

The article "Bitcoin's Pursuit of a Monetary Standard" by Thejaswini M A, based on a reading of Saifedean Ammous' "The Bitcoin Standard," explores the concept of money as a technology for transferring value across time, space, and scale. It emphasizes "salability" and introduces the critical idea of "hardness"—money whose supply is difficult to increase. The author reviews historical examples of money, such as Yap's Rai Stones, African Aggry beads, and wampum, which all lost value when their supply was easily expanded by new technology or trade. Precious metals, particularly gold, emerged as superior due to their scarcity and high stock-to-flow ratio. The critique then shifts to government-issued fiat currency, arguing it represents an unbacked, easily inflated system that erodes savings and leads to economic instability. While acknowledging the book's persuasive framework and its effective use of historical anecdotes, the author remains unconvinced by its one-sided, Austrian economics-influenced narrative that blames fiat for modern societal ills. The key takeaway is a new perspective on evaluating any asset: to critically ask how easily new units can be created and to be wary of anyone who can print money faster than one can earn it.

marsbit02/04 02:15

Bybit to Launch Retail Banking Services With Personal IBANs

Bybit, a major Dubai-based cryptocurrency exchange, has announced plans to launch retail banking services in February. The new offering, called "My Bank powered by Bybit," will provide users with personal IBANs, enabling them to send and receive funds in multiple currencies, starting with US dollars. This initiative marks Bybit's expansion beyond crypto trading, following a significant hack the previous year. Users can access these banking features after completing KYC verification, allowing them to deposit fiat, pay bills, receive salaries, and trade crypto. The exchange is collaborating with banking partners like Qatar National Bank and DMZ Finance, and is also working with Georgia-licensed Pave Bank. The service is expected to support transfers in approximately 18 currencies, pending regulatory approvals.

TheNewsCrypto01/29 11:26

Alchemy Pay Announces Expansion into Bitget’s Ecosystem, BGB Price Notes Monthly Surge

TheNewsCrypto01/27 12:00

MicroStrategy's Bitcoin Leverage Strategy: Betting on Fiat Currency Depreciation

Bitwise's 2026 outlook report suggests crypto-native stocks like MicroStrategy and Coinbase may outperform traditional tech stocks due to their inherent leverage to crypto market cycles. MicroStrategy, often criticized as an over-leveraged Bitcoin proxy, employs a nuanced strategy. It funds Bitcoin purchases primarily through long-term, low or zero-coupon convertible and senior unsecured notes maturing between 2027-2032, which contain no margin calls or forced liquidations. Its profitable software business generates cash flow to service minimal interest payments. This structure creates an asymmetric payoff: if Bitcoin rises significantly, debt can be eliminated via equity conversion; if prices stagnate, the company can endure. The strategy is a macro bet on fiat currency debasement, using dollar-denominated debt to acquire a scarce asset. Thus, MicroStrategy resembles a long-dated Bitcoin call option, not a mere leveraged gamble, with its success hinging on Bitcoin's long-term trajectory and global monetary trends.

marsbit01/15 09:31

Gate Dubai Officially Launched, Continues to Deepen Its Middle East and Global Compliance Layout

Gate Group has officially launched Gate Dubai, a platform operating under a Virtual Asset Service Provider (VASP) license granted by Dubai’s Virtual Assets Regulatory Authority (VARA). The exchange offers spot trading services for major virtual assets to institutional, qualified, and retail investors, along with local fiat currency support. Built on Gate Group's technical expertise, the platform aims to deliver high liquidity, efficiency, and reliability while adhering to compliance standards. Gate Dubai is operating a fully localized platform with dedicated regional teams and customer support. The launch strengthens Gate Group’s presence in the Middle East and North Africa (MENA) region and aligns with its broader global compliance strategy, which includes regulatory registrations in jurisdictions such as Malta, the Bahamas, Japan, and Australia. The group emphasizes security, transparency, and compliance, serving over 47 million users worldwide.

TheNewsCrypto01/06 07:56

HashKey Supports Nighttime Currency Exchange, Becoming First Licensed Exchange to Fully Enable 24/7 Fiat Conversion

Hong Kong's licensed virtual asset exchange platform, HashKey Exchange, has announced the launch of overnight USD-HKD currency exchange services, making it the first licensed platform in Hong Kong to offer round-the-clock fiat currency conversion for both retail and institutional clients. This upgrade allows users to enjoy near-native crypto market liquidity at any time of day. Previously, currency exchanges were limited to banking hours, restricting institutions from hedging overnight and individuals from transferring funds promptly. With the new service, HashKey will process conversion requests outside regular banking hours, enabling seamless transactions without delays. As a licensed platform, all funds used in overnight exchanges are fully segregated from operational funds and monitored in real-time to ensure security. The move enhances Hong Kong’s digital finance infrastructure, providing both institutional and retail users with continuous, regulated, and reliable conversion services. Randall Chan, Managing Director of HashKey Exchange, stated that fiat liquidity has been a major barrier for institutional entry into digital assets. Overnight conversion reduces time constraints for hedging, transfers, and settlements, allowing secure capital flow at all hours. The platform aims to further integrate trading, deposits/withdrawals, custody, and settlement into a comprehensive liquidity infrastructure.

深潮12/18 04:50

Cryptocurrency Exchange Bybit to Promote the Stablecoin USDC. What Are the Plans

Cryptocurrency exchange Bybit and Circle, the issuer of the USDC stablecoin, have announced a strategic partnership. Bybit will promote the use of USDC among its users. As one of the largest exchanges, Bybit plans to enhance USDC liquidity on spot and derivatives markets and further integrate the stablecoin into its ecosystem, including its Bybit Earn, Bybit Pay, and other services. The partnership includes joint campaigns to increase the efficiency of USDC usage on the platform. Bybit is the second-largest exchange by trading volume after Binance, with over $2.5 billion traded in the last 24 hours. It is notably popular in Russia, where it attracted 28% of its traffic in October. USDC is the second-largest stablecoin by market capitalization at $78 billion, behind Tether's USDT at $185 billion. The trading volume gap is significant, with USDT at $76 billion and USDC at $5 billion over the past day. The collaboration will also explore deeper integration for cross-chain liquidity and institutional-grade financial solutions. The partnership will expand to fiat solutions, leveraging Circle's infrastructure and partner network with Bybit's global reach to simplify deposits and withdrawals in key markets. Bybit emphasized that this partnership aligns with its commitment to regulatory compliance, noting its recent virtual asset license in the UAE and expanded presence in the EU, Turkey, and other jurisdictions.

RBK-crypto12/08 10:46