The deputy governor of Japan’s central bank has said that central bank-issued digital currencies cannot be economic tools, since fiat currency is still popular. The Bank of Japan’s (BOJ) deputy governor Masayoshi Amamiya has recently reiterated his negative stance towards central bank-issued digital currencies (CBDC), the New York Times reports Oct. 20. Speaking on Saturday […]
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Petro should form an investment priority for Venezuelans, the country’s president has said. The president of Venezuela Nicolas Maduro called on workers to save in gold and state-run cryptocurrency Petro during a salary shake-up he announced Thursday, October 18, local news portal Noticiero Digital reports. In a television broadcast, Maduro said that “in the coming […]
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Bitcoin trading volumes in stricken Venezuela spiked again last week as one local commentator called claims Dash is making inroads in the country “snake oil.” GóMez: ‘No One Uses Dash’ for Payments Figures from P2P trading platform Localbitcoins gathered by monitoring site Coin Dance show a total of 898 BTC and 877 BTC changed hands […]
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Maduro has announced the official sale of the Petro starting in November, adding that the coin is about to be traded via six international crypto exchanges. Venezuelan president Nicolas Maduro has appeared on national television to announce the official launch of the national cryptocurrency Petro, according to a brief summary of his speech posted on […]
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