The Reserve Bank of Zimbabwe (RBZ) recently announced a new digital currency, the Gold-backed dollar (GBD), designed to address the country's foreign currency...
The Chinese government revealed that public servants in a selected city will receive their salaries in digital renminbi (RMB) or digital Yuan starting...
The report is based on a survey of over 12,000 people from 16 countries, providing valuable insights into individuals' attitudes and behaviours towards...
Cryptocurrencies have soared in popularity in recent years. They have progressed from a speculative asset class into one gaining widespread mainstream acceptance. And it is not only individual investors who are interested; cryptocurrencies are finding use in various sectors, including tourism.
Yes, the tourism industry, like many others, has warmed up to these virtual digital assets. It has even spawned a new kind of enterprise, namely crypto tourism. Crypto tourism is a kind of tourism that focuses on cryptocurrency enthusiasts. Tourism provides packaged travel experiences payable for using digital currency or including lectures or seminars about cryptocurrency as part of the trip.
Despite regulatory uncertainties, crypto startups have continued to build themselves and provide clients with blockchain solutions. Leading nations such as South Africa and Mauritius have shown how a progressive approach toward cryptocurrency may be profitable. This is the kind of regulatory strategy that motivates others to follow suit. As regulatory agreements fall into place, the prospects become even more fascinating.
The Sango included opportunities to buy land, residency and citizenship
The constitutional court in the country ruled that citizenship did not have a...
Since transactions are worldwide, crypto must have international coordination and holistic regulation. This way, crypto will live up to its potential on the African continent and beyond. Although significant progress exists in this area, the current fragmented approach to crypto regulation throughout the globe is not optimal.
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.
Decentralized exchanges (DEXs), borrowing and lending platforms, and yield farms are all protocols in the DeFi area. Users may participate in the DeFi ecosystem more efficiently since there are no centralized middlemen. However, there are also more significant dangers. These dangers include protocol codebase flaws, hacker attempts, and malicious protocols. Combined with the extreme volatility of the crypto market in general, these dangers may make it more difficult for DeFi to gain widespread acceptance among typical consumers. On the other hand, workarounds and improvements in the blockchain domain may solve these problems.
