Rising Inflation in Turkey Spurs Interest in BTC and Stablecoins as Residents Seek Refuge
Inflation in Turkey has reached 44% And residents seek salvation in BTC and stabelcoins The Turkish lira fell by more than 20% against the dollar after the elections. Now $1 sells for 20 liras. Over the past decade, Turkish fiat has lost more than 90% of its v ...
Opponents Demand Abandonment of Digital Asset Excise Tax as U.S. Debt Ceiling Bill Takes Priority
The urgency of agreeing on the U.S. national debt ceiling bill has allowed opponents of the Digital Asset Excise Tax (DAME) to demand that the Joe Biden administration abandon its intention to collect the controversial tax. Pierre Rochard, vice president of the mining com ...
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 ...