Currency
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Bitcoin
Volatile Nigerian Currency Rallies 12%, Becomes Best-Performing Currency in April
After months of sustained decline, the Nigerian currency has rallied since March and is currently ranked as the best-performing fiat…
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Bitcoin
Nigerian Central Bank Prohibits Use of Foreign Exchange as Collateral for Local Currency Loans
The Central Bank of Nigeria has barred the use of foreign exchange as collateral for local currency loans. In its…
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Bitcoin
Celo Adds Tether’s USDT as Gas Currency
Celo, a low-fee, usability-focused blockchain, has approved using Tether’s USDT, a dollar-pegged stablecoin, to pay transaction fees. The passed governance…
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Bitcoin
Ark CEO Cathie Wood Sees Bitcoin as a Hedge Against Currency Devaluations and Rogue Regimes
Ark Invest CEO Cathie Wood sees bitcoin as a hedge against currency devaluations and wealth erosion. “I think this is…
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Bitcoin
Zimbabwe’s Central Bank Launches Gold-and Forex-Backed ‘Structured Currency’
The Reserve Bank of Zimbabwe has introduced a foreign exchange and gold-backed “structured currency” to replace the struggling local currency.…
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Blockchain
Binance Faces Intensified Scrutiny in Nigeria Amid Accusations of Impacting Local Currency
Binance is under heightened scrutiny in Nigeria, with allegations of contributing to the naira’s devaluation, challenging the crypto exchange’s regulatory…
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Blockchain
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…
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Bitcoin
UN Report: Crypto Crime Provided North Korea up to Half of Its Foreign Currency Income
A report issued by a United Nations panel of experts has concluded that cyber crypto heists have provided 50% of…
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Bitcoin
Dave Ramsey Sides With Warren Buffett on Bitcoin — Calls BTC Currency Based on Thin Air
Personal finance expert and best-selling author Dave Ramsey says he agrees with Berkshire Hathaway CEO Warren Buffett regarding bitcoin. Viewing…
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