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Tag: Economics

Nigerians Shun Local Currency— Seek to Protect Wealth From Inflation and Currency Depreciation with Foreign Currency

April 23, 2021 wp-bot Bitcoin News

Nigerians are thought to be accumulating foreign currencies which they believe will protect their wealth from the naira’s volatility as well as the surging inflation.

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Nigeria Money Printing Controvesy: CBN Governor’s Remarks Attacked, Government Denies It Financed Deficit via Money Printing

April 21, 2021 wp-bot Bitcoin News

The fallout sparked by reports that the Central Bank of Nigeria (CBN) printed over $150 million for states’ funding continued a few days after the

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Coalition of US Senators Press President Biden for a Fourth Round of Stimulus Checks

April 19, 2021 wp-bot Bitcoin News

While Americans are still getting their third stimulus payments, discussions of tacking on a fourth round of direct payments to Joe Biden’s trillion-dollar infrastructure proposal

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US President Biden Pushes for More Stimulus, One Million ‘Plus-up’ Payments Go out This Week

April 14, 2021 wp-bot Bitcoin News

U.S. politicians are talking about stimulus again in order to bolster American jobs and President Joe Biden’s infrastructure plan. At the end of last week,

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Bitcoin Bull Mike Novogratz Warns of ‘Existential Crisis’ if the US Fails to Create Digital Dollar

April 12, 2021 wp-bot Bitcoin News

Mike Novogratz, the CEO of Galaxy Digital and bitcoin bull has warned that the United States’ failure to have its own digital currency could be

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Swedish Central Bank Releases the First Study About Its CBDC E-Krona Pilot

April 9, 2021 wp-bot Bitcoin News

The Swedish central bank keeps making steps towards modeling its e-krona pilot project by issuing a detailed report of the results of phase one for

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