Amsterdam, 11 am CET, 19 December 2023: Fiat Republic, the specialist Banking-as-a-Service (BaaS) platform that bridges the gap between web3 and traditional banks, today announces it has raised $7 million in a seed extension round. Participants in the
What are Central Bank Digital Currencies? What is a CBDC? CBDC, short for Central Bank Digital Currency, is a digital version of a country’s fiat money issued on a blockchain under the direct control of the central bank. It
The history of money is a varied story of money’s evolution from simple barter systems that involved exchanging goods with a resource-scarce to that locality, for example, glass beads or seashells, to modern digital currencies today. Overall, the journey
Know your customer (KYC) and anti-money laundering (AML) are umbrella terms for a set of processes and regulations implemented by financial institutions to prevent and detect financial crimes or other illegal activities in different countries worldwide. KYC, an identity
In under 20 years, starting with the publication of the Satoshi white paper following the 2008 banking crises, cryptocurrencies, and blockchain technology have grown from ideas on internet forums to innovations set to change the face of different segments
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