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3232UN Report Urges Fed to Suspend Interest Rate Hikes, Presses for ‘Public Spending’ Increases
https://www.digit.info/un-report-urges-fed-to-suspend-interest-rate-hikes-presses-for-public-spending-increases/
Tue, 04 Oct 2022 14:00:21 +0000https://www.digit.info/2022/10/04/un-report-urges-fed-to-suspend-interest-rate-hikes-presses-for-public-spending-increases/Read more]]>The United Nations Conference on Trade and Development (UNCTAD) has warned that the U.S. Federal Reserve’s interest rate hikes and the slew of other central banks raising rates, could pose harm to the global economy. UNCTAD calculated that for every Fed basis point rise, the economic output of wealthy countries declines by 0.5%, and for […]
]]>Indian Crypto Market Is Growing: Report Shows the Country Has 115 Million Crypto Investors
https://www.digit.info/indian-crypto-market-is-growing-report-shows-the-country-has-115-million-crypto-investors/
Sat, 27 Aug 2022 03:30:08 +0000https://www.digit.info/2022/08/27/indian-crypto-market-is-growing-report-shows-the-country-has-115-million-crypto-investors/Read more]]>A new report shows that India has roughly 115 million crypto investors, and the country’s crypto economy is growing despite the recent market downturn, with more than half of the crypto investors surveyed planning to increase their crypto investments in the coming six months. Indian Crypto Ecosystem Is Growing, Report Shows Cryptocurrency exchange Kucoin published […]
]]>UN Agency Urges Authorities to Curb Cryptocurrency Expansion in Developing Countries
https://www.digit.info/un-agency-urges-authorities-to-curb-cryptocurrency-expansion-in-developing-countries/
Tue, 16 Aug 2022 11:30:25 +0000https://www.digit.info/2022/08/16/un-agency-urges-authorities-to-curb-cryptocurrency-expansion-in-developing-countries/Read more]]>A United Nations trade body has recommended a set of policy actions to “curb the expansion of cryptocurrencies in developing countries.” The intergovernmental group stressed that if cryptocurrencies become a widespread means of payment, it could jeopardize the monetary sovereignty of countries. UN Trade Body’s Crypto Policy Recommendations The United Nations Conference on Trade and […]
]]>Why Migrants Are Turning to Crypto: The Key to Attaining the UN Goal to Reduce Remittance Costs to Less Than 3% by 2030
https://www.digit.info/why-migrants-are-turning-to-crypto-the-key-to-attaining-the-un-goal-to-reduce-remittance-costs-to-less-than-3-by-2030/
Thu, 14 Jul 2022 08:30:41 +0000https://www.digit.info/2022/07/14/why-migrants-are-turning-to-crypto-the-key-to-attaining-the-un-goal-to-reduce-remittance-costs-to-less-than-3-by-2030/Read more]]>The cost incurred by African migrants or expatriates when sending funds via the so-called formal corridors remains way above the UN target of less than three percent, the latest data from the World Bank has shown. On the other hand, the cost is much lower than the target when cryptocurrencies are used. Global Average Higher […]
The United Nations Conference on Trade and Development (UNCTAD) has warned that the U.S. Federal Reserve’s interest rate hikes and the slew of other central banks raising rates, could pose harm to the global economy. UNCTAD calculated that for every Fed basis point rise, the economic output of wealthy countries declines by 0.5%, and for […]
A new report shows that India has roughly 115 million crypto investors, and the country’s crypto economy is growing despite the recent market downturn, with more than half of the crypto investors surveyed planning to increase their crypto investments in the coming six months. Indian Crypto Ecosystem Is Growing, Report Shows Cryptocurrency exchange Kucoin published […]
A United Nations trade body has recommended a set of policy actions to “curb the expansion of cryptocurrencies in developing countries.” The intergovernmental group stressed that if cryptocurrencies become a widespread means of payment, it could jeopardize the monetary sovereignty of countries. UN Trade Body’s Crypto Policy Recommendations The United Nations Conference on Trade and […]
The cost incurred by African migrants or expatriates when sending funds via the so-called formal corridors remains way above the UN target of less than three percent, the latest data from the World Bank has shown. On the other hand, the cost is much lower than the target when cryptocurrencies are used. Global Average Higher […]