Brazil Groups Stablecoins With Foreign Currency in New Regulatory Draft
The Central Bank of Brazil has opened a public consultation on a regulatory draft that correlates the treatment of dollar-pegged stablecoins with foreign currency.…
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Currency
Nigerian CBDC Adoption Lags, Makes Up Less Than 1% of Currency in Use
Nigeria’s central bank digital currency, known as the eNaira, was the first of its kind in Africa. However, it currently represents only about 0.36% of the total…
Everything You Need to Know When Using a Digital Currency Exchange
The crypto market is currently in another bull cycle. Bitcoin recently hit an all-time high price of $73,800. There are also hundreds of meme coins booming and…
Donald Trump Calls BTC ‘an Additional Form of Currency’ — Says ‘I Sometimes Will Let…
Former U.S. President Donald Trump says bitcoin is an “additional form of currency,” emphasizing that the crypto has taken on a life of its own. He also lets people…
Crypto Community Fires Back at Hillary Clinton’s Criticism of Bitcoin Undermining US…
The crypto industry has responded to criticism from Hillary Clinton, who said that cryptocurrency can undermine the role of the U.S. dollar as the world’s reserve…
Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could…
Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the…
When Will Bitcoin Change Fiat Foreign money?
Cathie Wooden purchased the dip, Circle opens the books on what backs the second largest stablecoin and might Bitcoin develop into a world foreign money?…