Savings – DIGIT INFO

Palau Collaborates With Japan to Introduce Blockchain Savings Bonds

DIGIT — Wed, 09 Oct 2024 11:46:30 +0000

The government of Palau has taken a major step towards integrating blockchain technology into its economy with the launch of Palau Invest, a digital savings bond platform. This initiative, developed in collaboration with Japan, offers citizens a unique opportunity to invest in national infrastructure projects and boost economic growth. Palau Launches Blockchain-Based Savings Bonds The […]

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Crypto ready for next phase of adoption: Winning over financial advisers

DIGIT — Thu, 01 Aug 2024 13:16:15 +0000

Crypto struggles to reach beyond its base. With ETFs now live, financial advisers are key to wider adoption.

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Crypto ready for the next phase of adoption: Winning over financial advisers

DIGIT — Thu, 01 Aug 2024 13:00:00 +0000

Crypto struggles to reach beyond its base. With ETFs now live, financial advisers are key to wider adoption.

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Crypto adoption in Argentina soars amid 276% inflation spike

DIGIT — Tue, 09 Jul 2024 12:28:28 +0000

Argentina has emerged as the top market on Binance — one of the world’s largest crypto exchanges — in terms of the number of visitors.

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Inflation and Anguish: Outraged Lebanese Depositors Continue to Riot Against Financial Institutions

DIGIT — Mon, 15 May 2023 20:30:02 +0000

Amid Lebanon’s financial crisis, significant demonstrations have erupted in Beirut targeting financial institutions. Outraged Lebanese depositors, witnessing their savings vanish, have resorted to smashing bank windows, setting fires, and engaging in riots. Simultaneously, leaders of Lebanon’s central bank face grave allegations of fraud, embezzlement, and political corruption. Lebanese Citizens Left Penniless as Financial Institutions Crumble […]

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How to build an emergency fund using budgeting apps

DIGIT — Sat, 13 May 2023 11:07:00 +0000

Track your expenses and savings goals using budgeting apps to build your emergency fund.

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Almost 50 Russian Banks Accept Yuan Deposits Amid Low Demand for Dollar Accounts

DIGIT — Sat, 29 Apr 2023 08:19:58 +0000

A growing number of banking institutions in Russia are offering customers the option to save in Chinese yuan. The trend coincides with declining demand for U.S. dollar and euro deposits amid currency restrictions that triggered a flight of funds to bank accounts abroad. Demand for Dollar, Euro Accounts Expected to Drop Further, Requests for Yuan […]

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How to set and achieve your financial goals

DIGIT — Thu, 02 Mar 2023 14:07:00 +0000

Set achievable financial objectives and use effective strategies to track progress and achieve success.

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Analyst Warns of Banks’ Authority to Confiscate Funds, Decline of US Dollar Purchasing Power

DIGIT — Thu, 09 Feb 2023 20:30:36 +0000

According to Lynette Zang, chief market analyst at ITM Trading, U.S. banks have the legal authority to confiscate people’s funds due to legislation passed by Congress. In a recent interview, Zang discussed how the purchasing power of the U.S. dollar has dwindled to “roughly three cents,” her belief that central bank digital currencies (CBDCs) will […]

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Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve’s Efforts to Bring it Down

DIGIT — Mon, 23 Jan 2023 17:00:17 +0000

As investors examine the next move of the Federal Reserve, analysts, economists and market participants are also closely monitoring inflation levels. In Dec. 2022, the annual inflation rate dropped to 6.5%, and many experts predict it will decrease further. However, economist Mohamed El-Erian of the University of Cambridge believes inflation will become “sticky” in midyear, […]

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