BTG Pactual Launches Stablecoin Backed by USD
The Brazilian investment firm BTG Pactual has revealed that it would be releasing its very own stable currency, which will be known as BTG Dol. The bank's custody services will…
DTCC to Build Prototype Supporting US Digital Dollar in Clearing & Settlement Process
The Depository Trust & Clearing Corporation (DTCC), a US post-trade financial services company providing clearing and settlement services to the financial markets, announced on Tuesday that it is developing the…
Only 1% of Bitcoin Holders Controls 27% of Total Circulating Supply, Study Shows
A new study conducted by The National Bureau of Economic Research, an American private nonprofit research organization, has shown that only about 10,000 Bitcoin (BTC) holders own as much as 5…
The Rise of Crypto is Not a Threat to the US Dollar, says Treasury Executive
Veteran U.S. Treasury Deputy Secretary Adewale “Wally” Adeyemo is unperturbed that the growth of digital currencies like Bitcoin (BTC) is a threat to the dominance of the U.S. Dollar. Adeyemo…
Central Bank of Nigeria
Emerging Markets
Hassan Mahmud
market failures
Monetary Policy
naira depreciation
naira devaluation
NEWS
spot exchange rate
USD
Nigerian Central Bank: We Are Not Worried About The Naira’s Valuation
The Central Bank of Nigeria (CBN)’s director of monetary policy, Hassan Mahmud, has suggested that the institution is not worried about the naira’s valuation but is instead interested in “boosting…
El Salvador Establishes Fund To Assist In BTC To USD Conversions
The Congress of El Salvador has voted unanimously to approve a $150 million fund that will allow for bitcoin to fiat conversions in the country. El Salvador Is Really Pushing…
Alexandria Ocasio-Cortez
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Ayanna Pressley
Biden Administration
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inflation
jerome powell
Joe Biden
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Progressives
Rashida Tlaib
Stock Markets
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Wall Street
AOC, Pressley, Tlaib ‘Urge’ Biden To Replace Fed Chair With Someone Willing To Address ‘Climate Change’
All the recent money creation from the Federal Reserve wasn’t enough, according to a few American bureaucrats, as three politicians from the House Financial Services Committee are urging U.S. president…
50 years
Aug. 15 1971
Bitcoin
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Dollar
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Vietnam War Spending
War
War Spending
The 50th Anniversary Of ‘Nixon Shock:’ How Suspending The Dollar’s Convertibility With Gold Fueled Today’s Fiat World
Approximately 50 years ago today, Americans were introduced to ‘Nixon Shock’ when the 37th president of the United States suspended the convertibility of the U.S. dollar into gold. Since this…
Crypto Accepting Merchants
crypto scams
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Interview
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south africa crypto
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South African Start-Up Aims To Shield Merchants From Crypto Price Swings
While opponents of cryptocurrencies continue to peddle the environmental damage or the terrorism funding narrative, users from countries where the majority is financially excluded see these as a breakthrough innovation.…
All time high
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Dogecoin Sheds 67% Since Price High — Meme Token’s 12 Month Market Stats Still Outshined BTC
The notorious meme crypto asset dogecoin has seen better days, as the digital currency tapped an all-time high (ATH) two months ago at $0.737 per unit. Today, dogecoin is down…