Thailand's oldest bank announces stablecoin remittance services
The Siam Commercial Bank Public Company, founded in 1907, was the first bank established in the South Pacific country.This post was originally published on this site
Nayib Bukele meets Elon Musk at Tesla to discuss AI, future of humanity
President Bukele visits Tesla to discuss the future of AI, Bitcoin, and El Salvador’s emerging role in tech innovation with Elon Musk.This post was originally published on this site
Australia marks first FX transaction using a CBDC as eAUD pilot continues
The Australian digital dollar was used in a trade for a U.S. dollar stablecoin using an Ethereum layer 2 blockchain.This post was originally published on this site
Nigerian BTC Peer-to-Peer Volumes Nearly $400M in H1 of 2022 — Significant Growth in Kenya and Ghana Volumes
Nigeria’s peer-to-peer bitcoin traded volumes of over $1.1 billion between January 2021 and June 2022 mean the West African nation is now Paxful’s largest market. Kenya, which saw traded volumes of over $325 million during the same period, now ranks as the crypto exchange’s second-largest African market, and fifth overall. Financial Exclusion Driving P2P Bitcoin […]
Nigerian Central Bank Told to Consider Floating the Naira, Recent Interest Rate Hike Slammed
The Central Bank of Nigeria should be discontinuing the fixed exchange rate system and let the naira freely float against the major currencies, Alhaji Aminu Gwadabe, the leader of a Nigerian association of bureau de change operators has said. The leader also slammed the recent adjustment of the central bank’s interest rate to 13%, which […]