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US Fed Set for New Rate Hike This Week, But How Aggressive Will It Be?


The US Federal Reserve (Fed) is set to announce another significant interest rate hike on Wednesday this week, and crypto market participants are watching closely for any clues about how aggressively the Fed will move.... Read More: US Fed Set for New Rate Hike This Week, But How Aggressive Will...

Argentinian Government Excludes Crypto Investors From Buying Dollars


The Argentinian Central Bank has issued a new set of restrictions that are affecting citizens and companies that have purchased cryptocurrency to use it as a hedge against currency devaluation. The bank will only sell dollars at an official rate to individuals and companies that have not purchased...

Nigerian Lenders Frustrating CBDC’s Adoption — Central Bank Governor


Apathetic Nigerian lenders are frustrating the e-naira’s 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 channel that would enable...

Ghana Ranked as Country With Second-Highest Debt Default Risk Globally


According to Visual Capitalist, Ghana is now placed second on its list of countries with the highest default risk in 2022. Only four countries, namely, Ukraine 10,856 basis points (bps), Argentina (4,470), El Salvador (3,376), and Ethiopia (3,035) have a credit default swap spread that is higher...

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