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Dash Gets Integrated by Coinfy, Increasing Its Exposure to Tens of Thousands Stores Globally

  • Yuri Molchan
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    Dash is becoming more and more popular as means of exchange on a global scale, now getting exposed to another gargantuan portion of merchants

Dash Gets Integrated by Coinfy, Increasing Its Exposure to Tens of Thousands Stores Globally
Cover image via news.u.today

The Coinfy crypto platform has integrated Dash, one of the most popular cryptos that is utilized not only as an investment but as a real payment tool. Along with Bitcoin, it is now used as a replacement for the inflated fiat Bolivar in Venezuela and is actually helping local people to buy food, medication, etc.

Now, after being added by Coinfy, Dash has become exposed to tens of thousands more merchants around the world than before.

Users and traders will now be able to pay for their purchases with Dash, as well as buy or sell it, using the in-wallet trading API provided by Coinfy.

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The Coinfy CEO, Mark Højgaard, reckons that the integration of Dash will allow accelerating the adoption of crypto around the world, including adding the coin to ATMs.

Recently, Dash has been integrated by the following companies: IQ CashNow, BitGo, CryptoLAGO, CGift, Bibox, UTRUST, etc.

 

Do you reckon that in the future Dash will be more frequently used in everyday life than Bitcoin? Let us know in the comments!

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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Ex-Congressman Says Fed Should Not Play With Own Cryptocurrency

  •  Denis Sinyavskiy
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    Former US Congressman Ron Paul shares his thoughts on the possible creation of Fed’s own cryptocurrency

Ex-Congressman Says Fed Should Not Play With Own Cryptocurrency
Cover image via www.123rf.com

Former US Congressman Ron Paul spoke on Fox Business and said that the Fed should not think about creating its own cryptocurrency.

Fed’s Crypto: To Be or Not To Be?

Rumors have been circulating for the past few months about the Fed possibly creating own cryptocurrency. It is expected that a digital coin would become a competitor to its counterparts on the market, and may even replace fiat money. President Patrick Harker, President of the Federal Reserve Bank of Philadelphia, commented on such rumors at a recent conference:

“It is inevitable. I think it is better for us to start getting our hands around it.”

However, there has not been no official follow-up by the Fed towards a crypto exchange. While proponents of this idea believe such innovation is necessary, it is expected that the exchange could stop the current delays involving US bank transfers.

What do the opponents think about the Fed's own cryptocurrency?

The idea of ​​creating the Fed's cryptocurrency has its opponents. This includes Ron Paul, who believes that the Fed is in a better position to stay away from digital coins and allow the private blockchain sector and payment platforms to resolve this discussion in real-time. What the Fed plans to do next is unclear, but the central bank may still enter the game.

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About the author

Starting with a simple interest in cryptocurrency, over the past two years, Denis has worked in a cryptocurrency fund and become an author with an analytical bias. His engineering degree helps with the analysis of the technical part of the cryptocurrency market. As a fan of cryptocurrency, Denis believes that the blockchain technology is the future.

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