Robert Kiyosaki Sees Bitcoin as ‘Perfect Asset at the Right Time’ — Calls US Dollar ‘Giant Ponzi Scheme’
Rich Dad Poor Dad writer Robert Kiyosaki has answered a number of questions on bitcoin and the U.S. greenback. Declaring that he’s a bitcoin bull,...
Economic Intelligence Unit: Nigerian Central Bank Lacks Capacity to Defend Local Currency
The Economic Intelligence Unit has said that the Central Bank of Nigeria can’t halt the fast depreciation of the native foreign money. The continued volatility...
Nigerian Users Criticize Binance for Imposing Exchange Rate Caps on USDT to Naira Transactions
Some Nigeria-based customers of Binance’s peer-to-peer platform have blasted the crypto alternate’s determination to dam or take away merchants quoting USDT to naira alternate charges...
Nigeria’s Headline Inflation Increases as Central Bank Intensifies Foreign Exchange Controls
In the primary month of 2024, Nigeria’s headline inflation rose from practically one % to 29.9%. However, on a year-on-year foundation, the January 2024 headline...
SEC Chair Gary Gensler Outlines ‘Very Real Economic Difference’ Between Bitcoin and US Dollar
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has outlined a “very real economic difference” between crypto like bitcoin and fiat currencies just like...
Crypto Community Fires Back at Hillary Clinton’s Criticism of Bitcoin Undermining US Dollar as Reserve Currency
The crypto business has responded to criticism from Hillary Clinton, who mentioned that cryptocurrency can undermine the position of the U.S. greenback because the world’s...
Russian President Putin Discusses Dedollarization — Calls US Dollar Weaponization a ‘Grave Mistake’
Russian President Vladimir Putin says the U.S. greenback is the principle weapon utilized by the United States to protect its energy internationally. However, he confused...
Nigeria Forex Crisis: Central Bank Removes Cap on Exchange Rate for International Money Transfer Operators
The Central Bank of Nigeria introduced on Jan. 31 that it had eliminated caps on naira payout charges that worldwide cash switch operators are allowed...
BRICS Meeting: Iran Pushes for Common Currency — China, Russia Prioritize Settlements in Local Currencies
The first BRICS sherpa assembly with 10 member states has kicked off in Russia with representatives from Brazil, Russia, India, China, South Africa, Saudi Arabia,...
US Sanctions on Russia Similar to Planting a ‘Bomb Under the Dollar,’ Says Russian Analyst
The United States’ sanctions towards Russia are undermining confidence within the U.S. greenback and will pressure different international locations to ditch the forex, a Russian...