Financial Inclusion
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Sango Coin: Central African Republic’s National Cryptocurrency Delayed for a Few Weeks
On April 3rd, Sango, a national encryption project in the Central African Republic, stated in a message in its Telegram group that the Government of the Central African Republic (C
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Sango Coin: Central African Republic’s National Cryptocurrency Project Nears Exchange Listing
On April 3rd, Sango, a national encryption project in the Central African Republic, stated in a message in its Telegram group that the Government of the Central African Republic (C
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#Table of Contents
It is reported that the 2023 annual meeting of the Boao Forum for Asia ended on the afternoon of March 31. Xuan Changneng, Vice President of the People\’s Bank of China, said that e
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Coinme Teams Up With Stellar Development Foundation to Introduce Circle’s USDC in Wallet
According to reports, Coinme, a cryptocurrency cash exchange, and Stellar Development Foundation, a non-profit organization, announced the release of Circle\’s USDC in the entire Co
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The Rise of the United States’ Central Bank Digital Currency (CBDC) To Establish Privacy Standards and Achieve Global Adoption
According to reports, Christopher J. Giancarlo, former chairman of the United States Commodity Futures Trading Commission (CFTC), said that the United States Central Bank Digital C
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The Future of Currency: The Possibility of Digital Euros
According to reports, the European Central Bank\’s governing committee, Rehn, said it was expected to make a decision on the digital euro in the autumn.
European Central Bank Regula -
The number of eNaira wallets in Nigeria has reached 13 million, with a 63% increase in transaction value during the year
It is reported that due to a shortage of cash, Nigerians are turning to the country’s central bank digital currency (CBDC). The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, told reporters at a news conference that since October last year, the number of eNaira wallets has increased more than 12 times to 13 million, and this year’s transaction value has increased 63% to 22 billion naira (US $48 million). The country’s CBDC was launched in October 2021. (Bloomberg) Interpretation of this information: The rise in the number…
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2023 US Presidential Economic Report: Cryptographic assets are too risky to be used as a payment tool or to expand financial inclusion
According to reports, in 2023, the US President’s Economic Report was released, with a total of 9 chapters. Chapter 8, “Digital Assets: Learning Economic Principles Again,” first introduces the potential advantages of cryptocurrencies, including improving payment systems, enhancing financial inclusiveness, and creating a mechanism for allocating intellectual property and financial value; Subsequently, it was pointed out that crypto assets did not bring any relevant benefits, pointing out that crypto assets are mainly speculative investment tools, cryptocurrencies generally cannot effectively play all the functions of currencies like sovereign currencies (such as…
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Founder of Brazil Finance Channel: “Bitcoin is the only way to achieve financial freedom”
According to reports, according to a post by Bitcoin Magazine, the founder of one of Brazil’s largest financial channels said, “Bitcoin is the only way to achieve financial freedom.” Interpretation of this information: The statement made by the founder of one of Brazil’s largest financial channels is a bold one. It implies that Bitcoin is the solution to achieving financial freedom. In Brazil, where political and economic instability has led to high inflation rates, Bitcoin has gained popularity as a hedge against currency devaluation. The appeal of Bitcoin as a…
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Research: The United States and El Salvador were rated as the most interested countries in the world compared to the special currency
According to a recent study by the decentralized gaming portal Crypto Betting, El Salvador is reported to be among the countries most interested in understanding Bitcoin and its uses. The study used Google Analytics to examine query behavior and the number of Bitcoin ATMs in each country and found that El Salvador was the second country of interest in the topic. Interpretation of this information: The recent study conducted by Crypto Betting reports that El Salvador has shown significant interest in Bitcoin and its uses in comparison to other countries….