Cryptocurrencies have become a tool for Venezuelans to send remittances, protect wages from inflation and help businesses manage cash flow in a quickly depreciating currency.
Browsing: Cryptocurrencies
Bitcoin’s slide towards $30 000 amid China’s continued cryptocurrency crackdown is stoking fears of a deeper sell-off, with one researcher warning a break lower could bring a world of pain.
China’s central bank said on Monday it had urged some banks and payment firms to crack down harder on cryptocurrency trading, in the latest move by Chinese authorities to stem the use of digital coins.
Bitcoin slid on Monday amid a fraying appetite for riskier investments and an intensifying cryptocurrency crackdown in China.
I’d like to explain to some of my crypto friends why parts of the mainstream economics and financial world do not take them more seriously. By Tyler Cowen.
Nigeria’s Central Bank is preparing a digital currency pilot that could launch as early as the end of this year, its director of IT said in a recording.
A patch of virtual land in the blockchain-based online world Decentraland sold for more than R13-million on Thursday, in a record purchase for the platform.
Bitcoin is gaining more privacy features as concern increases over the use of the cryptocurrency during a recent spate of ransomware attacks.
South Africa has laid the foundation for finance watchdogs to set crypto-asset controls as the nation seeks to curb growing cases of fraud and improve the management of cross-border flows.
Can bitcoin work in the real world, for the mundane matters of buying and selling things? El Salvador’s announcement that it will consider bitcoin legal tender may give an answer.