Tag: currency

ZiG: Zimbabwe abandons gold-backed digital currency, launches fiat

This physical fiat currency, consisting of notes and coins, will be backed by gold in the same manner as the digital token was. ...

Yandex’s addition of cryptocurrency to fiat converter signifies further adoption of crypto in Russia

Through Yandex, users can now convert digital currencies such as Bitcoin, Ethereum, and Litecoin into their local currency Due to some sanctions that...

Will crypto eventually replace fiat currency?

People can already exchange crypto for fiat through trades or exchanges with other cryptocurrencies. The popularity, awareness, and acceptance of cryptocurrency and blockchain continue to grow. The more the understanding and usage of crypto, the greater its relevance as a medium of exchange.

Debunking Bitcoin’s volatility amidst the recent decline

With little historical background compared to more traditional investments, Bitcoin and other cryptocurrencies qualify as riskier assets due to their volatility.

Crypto adoption and usage in Africa soars despite challenges

In terms of finance, cryptocurrency has helped Africans catch up with other countries on a continent with emerging states. Crypto is a competitive marketplace for everybody, and access is not restricted to a select few.