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Venezuela"s oil-backed petro is an imaginary currency
Reuters/Miraflores Palace/Handout Maduro tried to roll out a digital alternative to the bolivar earlier.....»»
Venezuela to Present Petro at OPEC as the "Digital Currency for Oil"
Venezuela is hoping the world's oil markets will start using its controversial national cryptocurrency, the petro......»»
Boston Fed president Eric Rosengren says more research is needed before the US launches a central bank digital currency
While the central bank acknowledges the advantages of CBDCs, the Fed's Eric Rosengren.....»»
Mark Cuban Joins Elon Musk In Defending Dogecoin"s "Infinite Supply," Says Gives Advantage Over Bitcoin, Ethereum
Dallas Mavericks owner Mark Cuban said on Wednesday that Dogecoin’s (DOGE) inflation does not diminish it but rather establishes its utility as a digital currency. read more.....»»
Key Words: Billionaire Paul Tudor Jones: ‘My bet is it will be bitcoin’ as the best inflation hedge
Billionaire investor Paul Tudor Jones made a prescient call on bullion in 2019, now he’s saying that bitcoin futures, the controversial digital currency, reminds him of gold in the 1970s, and may be the best hedge against inflation......»»
Key Words: Hedge-fund boss who called the ’87 crash and made timely call on gold now says: ‘If I am forced to forecast, my bet is it will be bitcoin’ as the best inflation hedge
Billionaire investor Paul Tudor Jones made a prescient call on bullion in 2019, now he’s saying that bitcoin futures, the controversial digital currency, reminds him of gold in the 1970s, and may be the best hedge against inflation......»»
Why ‘Crypto Dad’ Is Building the Digital Dollar Foundation
With the proverbial digital currency barbarians at the gate, ex-CFTC chair Christopher Giancarlo launches a digital dollar initiative......»»
Facebook Officially Launches Libra, Its Digital Currency
Facebook has faced criticism since i.....»»
Facebook launches cryptocurrency Libra coin, stock jumps
Facebook Inc. said Tuesday it will roll out its highly anticipated digital currency next year, intended to be used to make payments over the internet as well as on its social-media platform......»»
N.Y. Attorney General launches inquiry into cryptoexchanges
New York Attorney General Eric Schneiderman on Tuesday said his office is investigating the practices of digital-currency exchanges that facilitate trading in assets like bi.....»»
News digest: RBI removes FPI time bar, Modi-Xi meet, job data and more
Venezuela has offered India a 30 per cent discount on crude oil purchases. The discount, however, will be applicable only if India uses the country's new blockchain technology-based currency Petro.....»»
Venezuela Offers India 30% Discount On Oil...If It Pays In Crypto
Authored by Tsvetana Paraskova via OilPrice.com, Venezuela has offered India a 30-percent discount on crude oil purchases, but only if India agrees to pay in El Petro, the cryptocurrency that Venezuela is touting as the first national digital cu.....»»
USA are Not the World’s Crypto-Currency Regulator
The world’s first state-backed digital currency ‘el petro’ launched by Venezuela this year to circumvent US sanctions is reportedly getting help from a Russian bank. According to Associated Press, Russia’s Evrofinance Mosnarbank has become th.....»»
Venezuela"s inflation hits more than 40,000% as investors dump its currency "like a hot potato"
REUTERS/Marco Bello Inf.....»»
Venezuela"s New Petro-Backed National Currency To Start Circulating In August
Authored by Helen Partz via CoinTelegraph.com, The president of Venezuela Nicolás Maduro has announced that the country’s new cryptocurrency-backed national currency will start circulating August 20, local state news agency Telesur report.....»»
Venezuela to remove five zeroes from ailing currency
Venezuela will remove five zeroes from the bolivar currency, President Nicolas Maduro says, in an effort to keep up with inflation projected to reach 1 million percent this year. Laura Frykberg reports......»»
Venezuela"s economic crisis is so bad that some women say they"re turning to sex work to survive
Sky News Venezuela is suffering with currency inflation, power cuts, earthquakes, and food shortages. This is forcing many Venezuelan women to take up sex work in neighbouring Colombia. A.....»»
PBoC"s Digital Currency Lab Launches New Research Center Outside of Beijing
The Digital Currency Research Lab within China's central bank is expanding to Nanjing to enable wider deployment of blockchain and other fintech. .....»»
PBoC"s Digital Currency Lab Launches New Research Center
The Digital Currency Research Lab within China's central bank is expanding to Nanjing to enable wider deployment of blockchain and other fintech. .....»»
Inflation is already 100% for Venezuela"s 3-week-old currency
It’s just been a few weeks since the rollout of Venezuela’s new money, and inflation in this new monetary era is already 100 percent......»»