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Cryptocurrency investment should favor emerging markets
26.12.2024
Crypto investment should more closely follow adoption patterns in emerging markets
Cryptocurrency investment should favor emerging markets
26.12.2024
Crypto investment should more closely follow adoption patterns in emerging markets
Cryptocurrency investment should favor emerging markets
26.12.2024
Crypto investment should more closely follow adoption patterns in emerging markets
Cryptocurrency investment should favor emerging markets
26.12.2024
Crypto investment should more closely follow adoption patterns in emerging markets
El Salvador Reinforces Bitcoin Allegiance: Purchases BTC in Defiance of IMF Agreement
22.12.2024
The government of El Salvador has clarified that it will continue pushing bitcoin as part of its economic strategy, even as it inked an agreement with the IMF to wind down its bitcoin operations. El Salvador Keeps Purchasing Bitcoin After IMF Deal While many lamented the recent agreement between...
UAE Interior Ministry and FSRA Partner to Combat Virtual Assets-Related Crime
21.12.2024
The United Arab Emirates’ Interior Ministry has signed a memorandum of understanding with the Financial Services Regulatory Authority to combat virtual assets-related crime. Strengthening Risk Mitigation Frameworks The United Arab Emirates (UAE)’s Interior Ministry has signed...
Top UAE Bank Joins the Crypto Revolution With Investment in Zodia Custody
14.12.2024
Emirates NBD, a leading United Arab Emirates (UAE) bank, has invested in Zodia Custody, a digital asset custodian, through its Innovation Fund. A Step Forward for Zodia Custody Emirates NBD, one of the United Arab Emirates’ leading banks, recently disclosed that it had invested in Zodia...
Emerging markets lead crypto adoption, according to Consenys survey
12.12.2024
According to a survey from blockchain firm Consensys, half of the population of Nigeria, South Africa, Vietnam, the Philippines and India already own a crypto wallet
Emerging markets lead crypto adoption, according to Consenys survey
12.12.2024
According to a survey from blockchain firm Consensys, half of the respondents from Nigeria, South Africa, Vietnam, the Philippines and India already own a crypto wallet
President Bukele Gets the Last Laugh: Over $300 Million in Unrealized Bitcoin Gains
8.12.2024
Bukele celebrated the recent bitcoin rally and the $100K milestone, posting a screenshot of El Salvador’s bitcoin investment unrealized gains. Fighting tooth and nail against naysayers, including institutions like the IMF, the leader brought in over $300 million in profits from one of...
Venture Capitalist Cites Funding, Talent for Web3 Development Surge in Emerging Markets
23.11.2024
A venture capitalist says emerging markets, particularly India, are becoming hubs for Web3 development due to attractive funding, talent, and ecosystems. India: Go-to Place for Recruiting Web3 Companies According to Tak Lee, CEO of Hashed Emergent, the declining share of Web3 development activity...
Bahrain-Backed Bank Launches Digital Asset Custody Service
5.11.2024
Bahrain-backed Singapore Gulf Bank has launched digital asset custody and trading services, positioning Bahrain as a hub for digital finance and connecting Asian and Middle Eastern markets. Bahrain Aims to Connect Asian and MENA Markets Bahrain-backed Singapore Gulf Bank has launched digital asset...
From Existential to Irrelevance Risk
30.10.2024
The crypto industry faces the next big risk on the way to a maturing asset class: irrelevance, says Ilan Solot
El Dorado CEO: Venezuela Highlights Stablecoins’ Use Case as a ‘Tool for Resilience’
24.10.2024
Guillermo Goncalvez, founder and CEO of El Dorado, a Latam-focused P2P exchange, has reflected on the rise of stablecoins from a niche product to a widely used tool in Venezuela. Goncalvez states that, as Venezuelans shift to using the dollar due to devaluation, stablecoin remittances have soared...
Bitcoin Adoption Reaches Critical Low in El Salvador Despite Government Push
18.10.2024
A new survey has found that bitcoin usage has dropped to critical levels in El Salvador, with less than 10% of its citizens using it to make transactions. The numbers are surprising to analysts, given the push that President Nayib Bukele has made for bitcoin in the country since its adoption...
US lagging behind in global stablecoin adoption — Chainalysis
17.10.2024
Growing demand for US dollar-backed stablecoins and regulatory uncertainty in the US are the key reasons for stablecoins thriving in other jurisdictions
BRICS Bank Offers Zimbabwe Escape From IMF Debt Traps, Says Professor
17.10.2024
A Zimbabwean professor has highlighted the BRICS New Development Bank (NDB) as a crucial alternative to the International Monetary Fund (IMF), offering better financial terms to developing nations. He emphasized the NDB’s role in helping countries like Zimbabwe escape debt cycles and discussed...
China’s Trade With BRICS Surges: A $653 Billion Boost in Emerging Markets
15.10.2024
China’s trade with BRICS countries surged by 5.1% year-on-year, reaching 4.62 trillion yuan (approximately $653 billion) in the first three quarters of 2024. Officials emphasized the importance of BRICS as a crucial platform for developing nations to collaborate, particularly in sectors like steel...
Brazillian Central Bank Invites New Participants to CBDC Pilot Program
14.10.2024
The Brazilian Central Bank is opening the drex CBDC pilot to new entrants, aiming to test more advanced use cases and privacy solutions for the project’s second phase. Thirteen use cases have been confirmed, including carbon credits, agricultural bonds, and foreign trade platforms. Brazilian...
Chainalysis Latam Report Highlights Major Crypto Growth Milestone in Surprising Nation
12.10.2024
A Chainalysis report reveals that Argentina surpassed Brazil in cryptocurrency value received during the period examined, highlighting the high adoption of stablecoins in Latin America. However, Venezuela was the market that grew the most, rising by 110% despite the current political and economic...