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El Salvador Considers Opening Second Bitcoin Embassy in Texas to Boost Economic Exchange

El Salvador Considers Opening Second Bitcoin Embassy in Texas to Boost Economic ExchangeOn Feb. 14, 2023, Milena Mayorga, the Salvadoran ambassador to the United States, announced that her country is considering opening a second bitcoin embassy in the Lone Star State. Mayorga said that Texas is “our new ally” and the goal is to expand “commercial and economic exchange projects.” Ambassador Milena Mayorga Fosters Growing Relationship Between […]

China Unearths Massive Gold Veins That Could Reshape Global Markets

Despite Accounting for 2% of Global Activity, Sub-Saharan Africa Has ‘Some of the Most Well-Developed Cryptocurrency Markets of Any Region’: Report

Despite Accounting for 2% of Global Activity, Sub-Saharan Africa Has ‘Some of the Most Well-Developed Cryptocurrency Markets of Any Region’: ReportAccording to a recent Chainalysis report, although Sub-Saharan Africa is believed to account for as little as 2% of global transaction activity, the area “contains some of the most well-developed cryptocurrency markets of any region.” Additionally, Sub-Saharan Africa’s “retail market and outsized usage of P2P platforms make it unique compared to other regions.” Sub-Saharan Africa’s […]

China Unearths Massive Gold Veins That Could Reshape Global Markets

South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset

South African Central Bank Now Considers Cryptocurrency to Be a Financial AssetThe deputy governor of the South African Reserve Bank (SARB) recently said the institution has changed its position on cryptocurrency, and now regards it to be a financial asset which must be regulated as such. The SARB expects to have a cryptocurrency regulatory framework in place by the end of 2023. A Safer Crypto Ecosystem […]

China Unearths Massive Gold Veins That Could Reshape Global Markets

Report: Saudi Arabia Exploring Possibility of Implementing Blockchain in Government

Report: Saudi Arabia Exploring Possibility of Implementing Blockchain in GovernmentThe Kingdom of Saudi Arabia is looking into the possibility of implementing blockchain technology across its government as well as allowing the use of cryptocurrencies. However, an official said the kingdom can only successfully build blockchain-based solutions if it hires people that are proficient in this technology. Government Needs to Hire Talented Individuals Saudi Arabia […]

China Unearths Massive Gold Veins That Could Reshape Global Markets

Report: Kenya Set to Scale Up Adoption of Cryptocurrencies in 2022

Report: Kenya Set to Scale Up Adoption of Cryptocurrencies in 2022In his Africa crypto market predictions for 2022, Marius Reitz, the general manager for Luno in Africa, has predicted that Kenya will scale up the adoption of cryptocurrencies. To support this assertion, Reitz points to Kenya’s as position as the leader in the world’s peer-to-peer (P2P) traded volumes for the second year running. Kenya’s Booming […]

China Unearths Massive Gold Veins That Could Reshape Global Markets