Stablecoins will remain ‘indispensable’ in Argentina under new president — Ripio CEO
President-elect of Argentina Javier Milei ran on a promise of economic change. The shape of the transformation will only become known after his inauguration on Dec. 10, but stablecoins will play an important role in Argentinians’ financial lives no matter what happens, Ripio CEO Sebasti&aac ...
Can blockchain solutions disrupt US inflation forecasting?
So much of the world’s economic steam depends on interest rates, which in turn are tied to inflation, i.e., the rate at which producer and consumer prices are rising. But measuring inflation isn’t easy. It is as much art as it is science. The world’s number one inflation index, ...
Bitcoin price hits all-time highs across Argentina, Nigeria and Turkey
The price of Bitcoin (BTC) has notched new all-time highs against some of the world’s most inflationary fiat currencies.Across 30 hours over Oct. 23 to 24, the cost of buying one Bitcoin has reached all time-highs when using the Argentine peso (ARS), Nigerian naira (NGN), Turkis ...
Crypto offers Africans a ‘lifeline’ from inflation and corruption, say execs
While many investors in the West may look to crypto to speculate the next biggest trend, blockchain technology is actually solving “real-world problems” in Africa such as hyperinflation and "corruption," executives told Cointelegraph.Speaking to Cointelegraph, Chris Maurice, fo ...
The first-world debt crisis means you can expect more pain ahead
The huge volume of sovereign debt in developed countries (particularly the United States) is often exploited to promote questionable theories about imminent financial collapse.However, the problem is real, and it has become much more acute due to interest rates rising in response to entren ...
Zimbabwe’s Reserve Bank to Launch Gold-Backed CBDC
This is how the country wants to overcome hyperinflation The release will take place in two stages, with the first CBDC only available as an investment vehicle The opposition has criticized the project and urged residents not to invest in it The Reser ...
Indian Finance Minister Calls for Uniform Standards for Regulating Cryptocurrencies
India's Finance Minister has urged the G20 states to establish uniform standards for regulating cryptocurrencies worldwide. Nirmala Sithamaran asserts that the collapse of cryptocurrency companies, which has adversely affected investors across the globe, could not have been avoided through scatte ...
Xapo Partners with Lightspark to Offer Lightning Network Bitcoin Payments
Xapo, the cryptocurrency bank, has joined forces with Lightspark to bring Bitcoin payments to its platform using the Lightning Network. According to the CEO of Xapo, Seamus Rocca, this partnership will enable the bank to be the very first licensed private bank to provide payments using the Lightn ...