Digital money, whether it be centrally controlled or private, is here to stay. The much touted central bank digital currencies (CBDCs) are in the very early stages of development, and could cause all ...
Tag: Emerging
British Pound Risks Crisis Usually Seen in Emerging Markets, BofA Warns
(Bloomberg) — Most Read from Bloomberg Investors should hedge for an “existential” sterling crisis as the British currency faces struggles usually seen in emerging markets, according to Bank of ...
Emerging star MAX RAD to exclusively release new tracks as NFTs on Web3 music marketplace TokenTraxx
MAX RAD, the multi-talented singer-songwriter, producer and DJ is releasing his new singles as an NFT collection with Web3 music marketplace TokenTraxx. TokenTraxx is exclusively dropping the ‘Dream B...
‘Unicorn’ Crypto Project Ties Value To Equity In Emerging Growth Companies
The Unicorn Hunters show is like Shark Tank, only viewers can invest in emerging growth companies — … [+] also known as scale ups — if they trust a new cryptocurrency called Unicoin. getty Alex ...
After $5 Trillion Rout, Emerging Markets Seek Turnaround Signal
(Bloomberg) — The wreckage of a $5 trillion rout in emerging markets is starting to look like a buying opportunity to some intrepid investors. Most Read from Bloomberg The pain points are all to...
Tron Emerging As A Strong DeFi Platform, As It Recently Stood Behind Binance Smart Chain (BSC)
Tron ecosystem’s Total Value Locked (TVL), was slightly higher than $4.3 Billion. On weekend, it stood at the third position in the DeFi space but now has slipped to the fourth position. E...
Cryptocurrency Can Potentially Complement Mobile Money Argues Kenyan Banker – Emerging Markets Bitcoin News
The CEO of one of Kenya’s biggest lenders has argued there is a possibility cryptocurrencies will complement mobile money in Africa but first, there is a need to convince regulators of their benefits....
Pakistan Can Generate $90 Million Annually if It Introduces a 15% Tax on Crypto Transactions – Emerging Markets Bitcoin News
Pakistan can generate tax revenues of at least $90 million each year if authorities impose a 15% tax on cryptocurrency transactions, an executive with a cryptocurrency exchange has said. 15% Crypto Ta...
3 Emerging Markets Stocks That Are Secular Winners On Sale
High growth companies in emerging markets are on sale. getty Every market selloff presents opportunities. The iShares Emerging Markets ETF EEM is down -17% year-to-date. Even though Emerging Markets a...
The Emerging Partnership Between Cryptocurrency And Sport
– Advertisement – With the rising popularity of the cryptocurrency industry, it was only a matter of time before it entered almost every facet of society, including music, art, entertainme...
Tanzania Closer to Launching a CBDC – Emerging Markets Bitcoin News
Tanzania is getting closer to launching a central bank digital currency (CBDC) which gives the country’s residents a “safe alternative,” the central bank governor has said. However, no date for the di...
Nigerian Crypto Restrictions and Twitter Ban Have ‘Crippled Foreign Direct Investment in the Fintech Industry’ – Emerging Markets Bitcoin News
A new report has concluded that restrictions on cryptocurrency trading, as well as the banning of Twitter by Nigerian authorities, may have “crippled foreign direct investment in the fintech industry....
Venezuela Bets on De-Dollarization After Foreign Currency and Crypto Tax Is Applied – Emerging Markets Bitcoin News
The government of Venezuela is now focusing its action on trying to establish the bolivar as the go-to currency for purchases in the country. According to several economists, this might be a risky bet...
Vanishing Value Trade Puts Emerging Markets at Risk of Fed Shock
(Bloomberg) — The Federal Reserve’s most aggressive policy tightening in two decades is sucking emerging markets into a “sell everything” slump, not even sparing assets that should do well when ...
Almost Three out of Four Argentinians Are Willing to Purchase Crypto for Investing or Saving Purposes – Emerging Markets Bitcoin News
A new survey, whose results were released earlier this week, has given more insight into how Argentinians view cryptocurrencies and how they might put them to use. The survey found out that eventually...
India’s Emerging Quick Delivery Startup Zepto Pulls $200M in Series D
Zepto, one of India’s emerging quick food delivery startups has raised the sum of $200 million in a Series D funding round, drawing unusually high interest from venture capital firms. According to a T...
Uganda Central Bank Tells Licensed Entities to Stop Facilitating Crypto Transactions – Emerging Markets Bitcoin News
The Ugandan central bank has warned licensed entities and the public against facilitating crypto-related transactions as well as the practice of converting cryptocurrency into mobile money and vice ve...
Coinbase Hires Former Snapchat Indian Executive to Lead Emerging Markets Business
Coinbase Inc, a global crypto exchange headquartered in the US, announced Sunday the appointment of Durgesh Kaushik – the former Managing Director in charge of Snapchat India and South Asia market dev...
China Contagion Threatens to Derail the World’s Emerging Markets
(Bloomberg) — A widespread selloff in China is rippling through emerging markets, threatening to snuff out growth and drag down everything from stocks to currencies and bonds. Most Read from Blo...
Will Okay Bears defeat Bored Ape Yacht Club [BAYC] in emerging NFTs war
Ethereum-based NFTs have always maintained their reign in the Non-Fungible Token (NFT) landscape. However, the last 24 hours seemed to have dethroned the mighty ETH-based NFTs. And, interestingly, the...
SALT/FTX conference highlights emerging crypto scene in The Bahamas
Conference attendees from across the crypto market descended upon the small island nation of the Bahamas this week for a joint event hosted by Sam Bankman-Fried’s crypto exchange FTX and Anthony Scara...
SNACKCLUB Raises $9 Million in Seed Funding to Support Gaming in Emerging Economies
Vladislav Sopov SNACKCLUB, a sister company to e-sports giant LOUD, has concluded seed funding round and is getting closer to DAO launch Contents SNACKCLUB completes $9 million seed funding round, Ani...
Bank of England’s PRA raises budget $31M for ‘emerging risks’ like crypto
The Bank of England’s regulatory arm has raised its budget by $31.6 million, or 24.3 million Great British pounds, for the coming financial year. It said that costs have increased due to its growing r...
Hunger and Blackouts Are Just the Start of an Emerging Economy Crisis
(Bloomberg) — A barrage of shocks is building that’s unlike anything emerging markets have had to confront since the 1990s, when a series of rolling crises sank economies and toppled governments...
Nigerian Agencies Told to Stop ‘Demonizing’ Crypto Industry Players – Emerging Markets Bitcoin News
Nigerian public and law enforcement agencies have been urged to “stop the demonization” of the blockchain and cryptocurrency industry. According to an association that advocates for the risk-based reg...
Solana and Polygon Are Fast Emerging as Ethereum Challengers in DApp Ecosystem
While it may not be certain whether DApps will converge under one umbrella, developers are working round the clock to introduce integration solutions. Smart contract blockchain networks led by Ethereu...
Crypto and Blockchain Firms Constitute 16% of UAE Free Zone’s Record Q1 Company Registrations – Emerging Markets Bitcoin News
Crypto and blockchain firms constituted 16% of the 655 new company registrations that were recorded in Q1 of 2022, the Dubai Multi Commodities Centre (DMCC) has said. The surge in crypto-related regis...