Category: Dollar

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Lebanese Mint, Keep, Spend Crypto Amid Crisis, Report Unveils

Lebanese Mint, Keep, Spend Crypto Amid Crisis, Report UnveilsLiving in the chaos of a deep crisis, people in Lebanon have been turning to cryptocurrency, a new media report has confirmed. From earning much needed income through mining and work, to storing wealth and paying in stores, bitcoin, tether and other cryptos have started to push aside the hyperinflated Lebanese pound and the hard-to-get-hold-of […]

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Victory of President-Elect ‘Lula’ in Brazil Might Bring the Rise of a Common Currency for Latam

lula da silvaThe victory President-Elect Luis Inacio Lula Da Silva obtained on Oct. 30 over the incumbent Jair Bolsonaro in Brazil might open the gates for the proposal of a single currency for the countries of Latam. Lula announced this as part of his campaign, preaching the utility of a common currency as a way of fighting […]

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Hong Kong Presents Digital Currency Prototype, Project Aurum

Hong Kong Presents Digital Currency Prototype, Project AurumFinancial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and a retail e-wallet system, participants revealed. Hong Kong to Issue Retail Tokens and Stablecoins as Part of Project Aurum A collaboration between the BIS Innovation […]

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