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Tag: Emerging Markets

Report: Financial Services Giant Old Mutual Appointed Manager of South African Stablecoin Project’s Cash Reserves

September 15, 2022 wp-bot Bitcoin News

One of South Africa’s largest financial services groups, Old Mutual, has reportedly been appointed manager of the ZARP stablecoin project’s cash reserves. Founders of the

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Dubai Luxury Hotel Palazzo Versace Allows Guests to Pay in Crypto

September 13, 2022 wp-bot Bitcoin News

Guests staying at Palazzo Versace Dubai have, since September 7, had an option to settle payment for services rendered via cryptocurrency. The hotel also plans

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IMF Bailout Approval Helps Zambian Kwacha Take the Russian Ruble’s Position as World’s Best Performing Currency

September 3, 2022 wp-bot Bitcoin News

After the International Money Fund revealed it had approved a bailout package for Zambia, the Southern African country’s currency, the kwacha, rallied by 3.1%. Following

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Bitfinex CTO Paolo Ardoino States Salvadoran Bitcoin Bonds to Be Further Delayed

September 1, 2022 wp-bot Bitcoin News

The launch of El Salvador’s bitcoin bonds, issued to finance part of the construction of the Bitcoin City in the country, will be delayed again.

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Bitcoin Beach to Receive More Than $203 Million in Infrastructure Investments in El Salvador

August 31, 2022 wp-bot Bitcoin News

El Zonte, a beach in El Salvador rebaptized as “Bitcoin Beach” due to its adoption of the cryptocurrency, will receive infrastructure investments as part of

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Report: East African Single Currency Unlikely to Be Introduced by 2024

August 25, 2022 wp-bot Bitcoin News

There are growing doubts about the regional economic bloc known as the East African Community’s ability to successfully launch a single currency by 2024, a

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