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Nigeria Devalues Currency as Central Bank Moves to Unify Exchange Rates


In a possible policy shift, the Central Bank of Nigeria (CBN) recently allowed the local naira currency to briefly drop to a new low of USD$1 for 419.75 nairas on May 14, 2021. However, by close of business the naira had recovered and was trading around 411.25. Before the latest adjustment,...

US City in North Dakota Now Accepts Cryptocurrencies for Bill Payments


A city in the U.S. state of North Dakota has begun accepting cryptocurrencies for utility bill payments. The city’s finance director says, “We are the first municipality in the state of North Dakota, and the third in the nation, to offer this service.” City Government Accepts...

Cuban President Talks Possible Adoption of ‘Convenient’ Crypto


The Cuban government is mulling crypto adoption as a means to fight back against financial turmoil, with crippling sanctions and the coronavirus pandemic fallout taking a heavy toll on the nation’s economy. Last month, the Congress of the Communist Party of Cuba (PCC) – the country’s central...

Joe Biden’s Trillion-Dollar Stimulus Bill Pushes Miami Mayor to Buy Bitcoin


Miami Mayor Francis Suarez has revealed that he bought bitcoin and ether right after the $1.9 trillion stimulus bill passed the Senate, heading to President Joe Biden’s desk to be signed. He said bitcoin “is definitely going to go up … because I don’t think people are going...

Tokyo Assemblyman Wants to Turn City into Crypto Powerhouse


Source: Adobe/Luciano Mortula-LGM A Tokyo city assemblyman has spoken out about ambitious plans to transform the Japanese capital into a crypto-powered financial hub – claiming that embracing cryptoassets could help put the city on a par with London and Hong Kong. Speaking to Finders (via Yahoo...

Unmasking the London Bitcoin Projectionist Covering City with BTC Slogans


Source: Twitter/@DominicFrisby A mysterious Bitcoin (BTC)-loving projectionist has been lighting up the London nights with fiat-bashing, BTC-themed slogans. The projectionist’s activities have been chronicled by Dominic Frisby, a comedian and actor who rose to fame with a viral video about Brexit...

LUNA on the Rise as South Korean City Mulls Terra Stablecoin Proposal


Terra’s LUNA token is enjoying a rapid burst of growth, with prices up almost 9% on the past 24 hours – following news that the South Korean firm may be working on local stablecoin-related plans with the nation’s second city, Busan. At 09:05 UTC, LUNA, ranked 21st by market capitalization, trades...

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