Kategori: Emerging Markets

Crypto Exchange Coincoinx to Launch Crypto to Fiat Payments App in Venezuela

Coincoinx, a cryptocurrency exchange, will reportedly launch a service that will allow users to skip trading crypto for fiat to make payments in Venezuela. The service, which is called Coinpago, will allow users to make payments in every store and retailer......

CBDC Ensures Nigeria Remains Competitive in Increasingly Digital World — Central Bank Governor

The governor of the Central Bank of Nigeria (CBN) has insisted the recently introduced e-naira digital currency can potentially boost trade and investment activities in the country. He added the digital currencywould be necessary in the future to ensure Nigeria......

Venezuela Bets on De-Dollarization After Foreign Currency and Crypto Tax Is Applied

The government of Venezuela is now focusing its action on trying to establish the bolivar as the go-to currency for purchases in the country. According to several economists, this might be a risky bet in a country that has just exited......

Krypto- og blockchain-virksomheder udgør 16% af UAE Free Zones rekord Q1 Company Registrations

Crypto and blockchain firms constituted 16% af 655 new company registrations that were recorded in Q1 of 2022, the Dubai Multi Commodities Centre (DMCC) har sagt. The surge in crypto-related registrations also coincided with a quarterly period in which the......

Ghanas centralbank advarer igen mod praksis med at prissætte varer i Forex

The Bank of Ghana has warned businesses and the public against the practice of demanding or making payments in foreign currency without its authorization. The central banks warning comes just over a month after Ghanas currency was rated the worst performing......

Ghana CBDC udvikling: Nyt centralbankdokument skitserer nøglemotiver for udstedelse af den digitale valuta

In a recently released document, the Bank of Ghana (BOG) outlines some of its key reasons for developing the central bank digital currency (CBDC). Also, in the document, the banks governor insists the institution is open to suggestions that will help......

Den canadiske musiker Grimes afslører 'Intergalactic Children's Metaverse Book' på Avalanche Summit $100 Den canadiske musiker Grimes afslører 'Intergalactic Children's Metaverse Book' på Avalanche Summit

Cypher Capital, a United Arab Emirates (UAE)-based venture capital (VC) firm, has announced the launch of a $100 million seed fund that will primarily avail funding to decentralized finance (defi), og Messari, and metaverse projects. Mentoring of Entrepreneurs A United Arab Emirates......

Kenyanere tabte $120 Millioner til kryptovaluta-svindel i det seneste regnskabsår - embedsmand

Kenyans are believed to have lost as much as $120 million to cryptocurrency scammers in the last financial year, a government official has said. The official, imidlertid, suggested the number of Kenyans losing funds this way can be reduced if the......

Islamisk lærd siger, at digital valuta ikke er en 'fiktiv valuta'

An Islamic scholar, Irshad Ahmad Ijaz, has asserted that digital currency is not fake currency and that it should be legitimized once certain conditions are met. Ijazs viewpoint is echoed by other scholars that attended a seminar examining the status of......

Præsident for Central Bank of Peru kritiserer Crypto, Med henvisning til mangel på indre værdi og klimaændringer

Julio Velarde, the president of the Central Bank of Peru, attacked the value of cryptocurrencies and referred to negative effects they are said to have on the environment. In a recent interview with local media, Velarde said the Bank did not......