Tag: inflation
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Kenya has the highest percentage of cryptocurrency owners in Africa. UNCTAD data indicate
According to the most recent data from the United Nations Conference on Trade and Development (UNCTAD), Kenya has the highest percentage of people who own cryptocurrencies out of all the African nations. UNCTAD stated that it advises the imposition of taxes that discourage cryptocurrency trading in order to counter the growing use of cryptocurrencies. The…
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Bitso, a Mexican cryptocurrency exchange, has launched a stable yield program.
The cryptocurrency exchange based in Mexico, Bisto, is expanding its crypto investment options. Customers will now be able to earn money simply by holding bitcoin or stablecoins in the company’s wallet. The Bitso+ program, which is designed to help customers combat inflation in Latam, will offer different yields based on the amounts deposited by users. Bitso,…
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Despite an inflated US dollar and freeze orders, Goldman Sachs’ Blankfein wonders why the cryptocurrency isn’t having a moment.
On Sunday, Lloyd Blankfein, the current senior chairman of Goldman Sachs, tweeted about cryptocurrency. From 2006 to September 2018, Blankfein was the chairman and chief executive officer of Goldman Sachs. He stated that he is keeping an open mind when it comes to cryptocurrency. However, he questioned why it isn’t “having a moment” given “the…