Nigeria’s Foreign Investment and Crypto Adoption Dilemma
Nigeria, the largest economy in Africa, has been facing a severe shortage of dollars, leading to a decline in foreign direct investment (FDI). The National Bureau of Statistics (NBS) reported…
CRYPTOCURRENCY
Devaluation
digital bolivar
Emerging Markets
fiat currency
inflation
NEWS
Redenomination
Venezuela
Central Bank Of Venezuela Announces ‘Digital Bolivar’ Redenomination Plan
The Central Bank of Venezuela announced the new redenomination plan for its fiat currency called “Digital Bolivar.” This new proposal seeks to simplify transactions by slashing six zeroes from the…
BINANCE
Bitcoin
Bolivar
Central Bank of Venezuela
CRYPTOCURRENCY
Devaluation
Emerging Markets
inflation
latam
LocalBitcoins
NEWS
Venezuela
Venezuelans
A Look At Why Venezuela Is The Third Country With The Most Crypto Adoption
Venezuela has been listed as the third country with the most cryptocurrency adoption in the world by Chainalysis in its 2020 report. With its citizens coping with crippling inflation and…