Search results for zimbabwe

Sort: By relevance / By date
Aug 01, 2019 at 12:07
Cryptocurrency Business is Thriving in Smaller Countries
Several developed countries, like the United States, China, Russia and others, see Bitcoin and other digital currencies as speculative tools. They think investors will only become rich or benefit if they invest and wait for probably like five, ten, fifteen or even twenty years along the line. Nevertheless, some countries look at cryptocurrencies as a new, fast, secure and easy means of payment, especially when carrying out cross-border payments. In this technological era, smaller countries globally have continued to embrace the use of blockchain and cryptocurrency.
Jul 28, 2019 at 10:25
Russian Arms Producers Uses Bitcoin to Circumvent Sanctions
The Russian arms producer, Soyuzmash, seeks to bypass US sanctions using cryptocurrency. The Union of Machine Builders recently requested permission from the Central Bank of Russia to allow it accept payments in Bitcoin for all its activities related to weapons. They believe this will enable them doge the US and other existing international sanctions. Russia is the world’s second main exporter of arms, commanding 21% of the global market, following the US with around 36%.
May 27, 2019 at 13:43
Bitcoin and Other Cryptocurrencies are Booming on the African Continent
Despite hacking scandals and high volatility, Africans continue to use cryptocurrencies for speculative, investment, and savings purposes. This highly perceptive continent of technological innovations has become a new El Dorado for digital currencies, which store transactions in a public and ultra-secure database called blockchain.
Mar 27, 2019 at 10:35
Political Turmoil Sees Venezuelans Store Wealth in Crypto
The Bolivarian Republic of Venezuela, one of the most oil-rich countries in South America and the world at large, is still experiencing political instabilities and this has led its economy to stagnate. The traditional (fiat) currency bolivar has lost value due to the hyperinflation that hit the country, this has forced its citizens to massively store their wealth in crypto currencies such as petro, Bitcoin, Ethereum, Ripple and others.
Nov 14, 2018 at 15:53
Africans Greatly Adopting Cryptos & Blockchain Tech Regardless of Tax & Regulatory Problems
The African continent has been considered to be not embracing the wide use of cryptos as much as other places such as America, Asia, Europe are, but surprisingly enough, it's now running at tremendous speed to become a home for many crypto exchanges, wallets, and tokens just like Malta.
Sep 20, 2018 at 13:03
Venezuela Set to Launch Petro-Pegged Fiat Currency in October
Venezuela, a nation fighting one of the largest economic recessions, is ready to launch a fresh fiat currency linked to its oil-backed 'petro' virtual currency in October, according to what President Nicolas Maduro has said.
Aug 21, 2018 at 14:59
Zimbabwe: Crypto is a Criminal's Best Friend, the 'Social Engineering' Effect
Bitcoin, a decentralised digital currency, which has been highly touted as an answer to the globe’s hard cash headaches, has tried and failed to enter into the globe with the momentum normally expected of digital products.
Aug 19, 2018 at 15:08
Therapy: Cryptos Can Bring Economic Stability to the UK After Brexit
Crypto community calls for UK businesses to adopt digital currencies to ease the instability of Brexit. Cryptos are a secure option to usual currencies that are registering rising conventional adoption from both major financial institutions and consumers.
May 26, 2018 at 17:08
Golix Files Case in Court Against Reserve Bank of Zimbabwe
The Reserve bank of Zimbabwe (RBZ) issued rules of thumb in a circular on May 13 that detailed that all cryptocurrency activities carried out in the country were being stopped. The RBZ went ahead and indicated that all domestic digital currency operations were given the maximum of two months to begin complaining. RBZ is now facing a lawsuit from a giant cryptocurrency exchange.
1 2