Search Results for: devaluation

Aruanne: Nigeeria keskpanga stiimuliskeem ei suutnud Naira amortisatsiooni peatada

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The Central Bank of Nigeria (CBN)’s attempt to incentivize the country’s forex market through the so-called “Naira for Dollar” scheme has failed. This is evidenced by the local currency’s plunge of more than 25% since the launch of the incentive scheme…

Argentina Runs to Stablecoins Amidst Political and Economic Uncertainty

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Citizens of Argentina are hedging their savings by using stablecoins amidst the recent climate of uncertainty created by the resignation of certain key members of the government. The minister of economy in the country resigned last weekend, alongside other personalities, creating…

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

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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…

Seltskonnastaar ja modell Alexis Ren ei usalda dollarimajandust, Ütleb, et krüpto on elujõuline alternatiiv

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The American social media personality and model, Alexis Ren believes the fiat economy is “collapsing” and recently she told the press she thinks cryptocurrencies offer a viable alternative. Hiljutises intervjuus, Ren explained her interest in crypto is fueled by…

Mobius Capital Founder Says Crypto Is Not an Investment but ‘a Means to Speculate and Have Fun’

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Mobius Capital Partners founder Mark Mobius says that cryptocurrency is not an investment, calling it “a means to speculate and have fun.” He prefers stocks and believes “USA. market is going to continue to prosper and continue to do well.”…

Travelers Will Be Able to Purchase Airline Tickets With Crypto in Venezuela

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Travelers will be able to purchase airline tickets in Venezuela using cryptocurrencies in the near future. According to statements made by Freddy Borges, Director of the Maiquetía International Airport, the institution would be working to include cryptocurrencies such as dash, bitcoin,…