Tag: Currency

How the Marshall Islands Envisions Its National Digital Currency Dubbed ‘Sovereign’

How the Marshall Islands Envisions Its National Digital Currency Dubbed ‘Sovereign’ The idea behind the SOV project lies in the Marshall Islands government’s pursuance of “manifesting national liberty” and creation of an alternative state currency to the U.S. dollar Cointelegraph.com News

Stablecoins Dominate Currency Pairings for Leading Crypto Assets

Stablecoins Dominate Currency Pairings for Leading Crypto Assets Amidst the ongoing cryptocurrency bear market, stablecoins have continued to gain prominence, with USDT currently comprising the dominant pairing for three of the four largest cryptocurrencies by market cap.  Also Read: Localbitcoins Trade Surges in Latin America and East Asia USDT Comprises Dominant […]

A Short History of Major Fiat Currency Collapses and What Triggered Them

A Short History of Major Fiat Currency Collapses and What Triggered Them Earlier this year we witnessed a mini flash crash that hit the fiat currency markets. It took approximately seven minutes for the Australian dollar to plummet against the Japanese yen, which surged to levels that it had last […]

Skeptical Payoneer CEO Dismisses Idea of Single Currency Like Bitcoin as Unrealistic

Skeptical Payoneer CEO Dismisses Idea of Single Currency Like Bitcoin as Unrealistic Payoneer chief executive officer Scott Galit has dismissed the idea of a single global currency like bitcoin as unrealistic. Galit argued that he doesn’t believe countries like the U.S. will ever allow citizens to pay taxes in bitcoin […]

Digital Currency Platform Revolut Receives European Banking License

Digital Currency Platform Revolut Receives European Banking License On Thursday, Dec. 13, digital payments platform Revolut announced that the company has been approved for a banking license in Europe by the region’s central bank. According to Revolut, the license will help it provide better access to digital currencies and also […]

Zimbabweans Use BTC to Pay for Food Hampers Amid Foreign Currency Crisis

Zimbabweans Use BTC to Pay for Food Hampers Amid Foreign Currency Crisis Study263, a Zimbabwean-owned fintech startup operating from South Africa, has opened an online store allowing Zimbabweans to buy food hampers that are delivered directly to their homes. Shoppers have the option to pay for items like cooking oil […]

IMF: Central Banks Could Issue Digital Currency

IMF: Central Banks Could Issue Digital Currency Christine Lagarde, the managing director of the International Monetary Fund (IMF), has said central banks throughout the world should consider issuing digital currency to make transactions more secure. At a recent conference in Singapore, Lagarde argued that state-backed cryptocurrencies could satisfy public policy […]