Tag: Emerging Markets

Poročilo: Financial Services Giant Old Mutual Appointed Manager of South African Stablecoin Project’s Cash Reserves

One of South Africas largest financial services groups, Old Mutual, has reportedly been appointed manager of the ZARP stablecoin projects cash reserves. Founders of the stablecoin are hopeful that the appointment of one of the countrys oldest financial services companies will......

Odobritev pomoči MDS pomaga zambijski kvači prevzeti položaj ruskega rublja kot najuspešnejše valute na svetu

After the International Money Fund revealed it had approved a bailout package for Zambia, the Southern African countrys currency, the kwacha, rallied by 3.1%. Following this gain, the kwacha took the Russian rubles position as the worlds best-performing currency in 2022.......

Poročilo: The Central African Republic Requests Regional Central Bank’s Assistance in Crafting Crypto Regulations

A new report has claimed the Central African Republic, which became the first country in Africa to make bitcoin legal tender, recently requested the regional central banks assistance in developing a cryptocurrency regulatory framework. The report also said the CAR had......

Nigerian Lenders Frustrating CBDC’s Adoption — Central Bank Governor

Apathetic Nigerian lenders are frustrating the e-nairas adoption because they are worried this could deprive them of a key revenue source, Godwin Emefiele, the Central Bank of Nigeria (CBN) governor, has said. Emefiele said the central bank is working on a......

South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset

The deputy governor of the South African Reserve Bank (SARB) recently said the institution has changed its position on cryptocurrency, and now regards it to be a financial asset which must be regulated as such. The SARB expects to have a......

Crypto Exchange Coincoinx bo lansiral aplikacijo Crypto to Fiat Payments v Venezueli

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

CBDC zagotavlja, da Nigerija ostaja konkurenčna v vse bolj digitalnem svetu – guverner centralne banke

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......

Sestavljajo podjetja za kripto in blokovne verige 16% rekordnih registracij podjetij v prosti coni ZAE Q1

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

Ghana Central Bank Reiterates Warning Against Practice of Pricing Goods in 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......