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You Searched For "fiat money" and got 20 results


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3 mins read

Here's where investors worried about a stock market bubble should put their money, according to a top economist

Here's how nervous investors should position their portfolios, according to an economist who thinks…

Jennifer Sor   


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1 min read

Crypto lost the battle to be an alternative to fiat money after FTX collapse, top economist says

"Only the legal, historical infrastructure behind central banks can give great credibility [to mone…

Morgan Chittum   


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5 mins read

Fiat money: Currencies that derive their value largely through trust in the governments that issue them

Fiat money is currency backed by trust in the government that issued it and not tied to a physical …

Leslie Quander Wooldridge   


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1 min read

Central bank digital currencies could slash costs for cross-border payments and speed transactions to seconds, BIS says

A prototype of a CBDC platform showed the time for cross-border payments taking as little as 2 seco…

Carla Mozée   


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1 min read

Elon Musk says he supports cryptocurrency in a 'battle' with fiat money, like government-backed coins and bills

"The true battle is between fiat and crypto," Elon Musk tweeted on Saturday. "On balance, I support…

Brittany Chang   


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5 mins read

What is making Ford, Fiat, and Kia put more money in India

With new investment plans of over $250 million (₹1,824 crore), Fiat Chrysler (FCA) joins the likes …

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3 mins read

Elon Musk joked that McDonald's should accept Dogecoin. Here's why that doesn't make any sense.

"I will eat a happy meal on TV if McDonald's accepts Dogecoin," Musk said on Tuesday morning. McDon…

Ben Gilbert   


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8 mins read

CBDCs — The fight for fiat currencies to remain relevant in the age of digital cryptocurrencies

Many countries are looking at launching a central bank digital currency (CBDC) to take advantage of…

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3 mins read

Ethereum’s co-founder wants to be more than just ‘the crypto guy’ as he exits the industry

Di Iorio plans to use the money from the sale of Decentral to form his own new company. Mean…

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2 mins read

More than half of experts in a recent crypto survey said bitcoin will replace fiat currency by 2050

So-called hyperbitcoinization could take place as early as 2035, according to Finder.com, which sur…

Carla Mozée   


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1 min read

'Stablecoins are not stable and have no role as money'

Last month, the shocking implosion of the TerraUSD and Luna cryptocurrencies threw many young inves…

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3 mins read

Here is why a ban on cryptocurrencies may not be even possible

Will India ban cryptocurrency? Will trading in crypto be legal even if the country bans cryptocurre…

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2 mins read

Ray Dalio warns 'money as we know it is in jeopardy' and favors an inflation-linked cryptocurrency over bitcoin

The Bridgewater Associates founder also told CNBC that he sees China's yuan and digital renminbi ma…

Brian Evans   


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9 mins read

The Great Compression: The coronavirus pandemic could drive a long-overdue consolidation of the global auto industry

Post-COVID, the auto industry could undergo a massive consolidation, with mergers and partnerships …

Matthew DeBord   


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3 mins read

Apple and Google asked to axe crypto ‘money-making’ games by South Korea

According to Naver, the GMC has not only reached out to the two tech giants – Apple and Goog…

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4 mins read

Eight fintech companies that are redefining the money transfer space

Learn about the most innovative financial services providers with the BI list of top fintech startu…

Alexandra Samet   


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1 min read

Ukraine legalizes the cryptocurrency sector, underscoring the country's growing use of digital money during war with Russia

Ukraine has used crypto donations to buy bulletproof vests and other military supplies to defend it…

Carla Mozée   


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2 mins read

MoneyGram wants to use stablecoin USDC to 'build a bridge to crypto' for money transfers — even after the Terra meltdown

Meanwhile, MoneyGram wants to get involved in bitcoin transfers to El Salvador, CEO Alex Holmes tol…

Zahra Tayeb   


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6 mins read

Fiat Chrysler has been trying to merge with another carmaker for years - here's why

Beyond FCA, there hasn't been much talk about consolidation. The Renault-Nissan-Mitsubishi alliance…

Matthew DeBord   


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3 mins read

Why Tesla should partner with Fiat Chrysler

FCA also ended 2017 with about $13 billion in cash. It wouldn't have to merge with Tesla; rather, i…

Matthew DeBord