IMF backs Nigeria crypto adoption amid local SEC crackdown

The IMF recommendation sets out to remedy the macroeconomic challenges Nigeria faces while attracting global investment.

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How Tariffs and Capital Controls Could Fragment Blockchain Networks, According to Executives

As global trade tensions rise, experts warn that tariffs and capital controls could potentially disrupt blockchain technologies, affecting cryptocurrencies like Bitcoin. These measures could impact the flow of digital assets across borders and hinder their decentralized nature. Blockchain technology relies on a network of computers to verify transactions, making it resilient to centralized control. However, [...]

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Price Controls Don’t Work Even Under Penalty of Death

Throughout history, price controls have never been successful in taming runaway inflation. It is impossible to put controls on the bitcoin price.

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Ukraine Bans Bitcoin Purchases With National Currency Amid Martial Law

Ukraine’s central bank is prohibiting BTC buys with the hryvnia in an attempt to prevent what it calls “unproductive” capital outflows.

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US Treasury Secretary: No Alternative Reserve Currency Can ‘Replicate’ Role Played by the Dollar

United States Treasury Secretary Janet Yellen recently told members of the U.S. Congress that while some countries are seeking to create alternatives to the greenback, no country, including China, can create a currency which replicates the dollar’s role in the global financial system. The U.S. Treasury secretary also claimed that it will not be easy

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