A new report has claimed the Central African Republic, which became the first country in Africa to make bitcoin legal tender, recently requested the regional central bank’s assistance in developing a cryptocurrency regulatory framework. The report also said the CAR had expressed its “commitment to the single currency and respect for the statutes of the
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Sri Lanka’s new president said that securing an IMF loan would take until at least September after weeks of protests and political turmoil sparked by the country’s economic crisis. Ranil Wickremesinghe, who took over as president this month after protesters forced his predecessor Gotabaya Rajapaksa to flee the country, said in a speech that finalising
On July 27, the Filecoin Foundation for the Decentralized Web (FFDW) announced it will be supporting an initiative with Harvard University’s Library Innovation Lab (LIL) called the “Democratizing Open Knowledge” program. With FFDW’s support, LIL plans to explore decentralized technologies that can preserve digital information. Democratizing Open Knowledge While there’s a lot of information to
China has escalated its threats over Nancy Pelosi’s potential visit to Taiwan this week and conducted naval exercises across the region, just hours before the US House Speaker was expected to arrive in East Asia. Pelosi’s office announced that a Congressional delegation headed by the Speaker had departed on Sunday for Singapore, Malaysia, South Korea
Solidarity is often hailed in EU circles as a value underpinning the bloc. In its preamble, the treaty of the EU states that its members will strive to deepen the bond among themselves. But the wrangling over how to organise in case Russia cuts off gas supplies shows solidarity is not a given. The moment
When Steve Bannon described Brazil’s 2022 presidential election as the “most important of all time in South America”, the former Trump adviser had at his side a man as close as anyone to Brazil’s president Jair Bolsonaro — his son Eduardo. Introduced by Bannon at an event in South Dakota last year as the “third
Matt Raynor is stressed. The 53-year-old chair of Raynor Foods has recently approved a £1,200 signing-on bonus for sandwich makers; tonight he will work a six-hour picking and packing shift at the company’s Essex plant because of staff shortages. “It’s been the worst two-and-a-half years of my life, with the disruption, the chaos,” he says.
The latest troubles in the crypto space have allegedly led to an increased supply of second-hand luxury watches, according to a leading trading platform. As a result, prices of sought-after models by major brands like Rolex and Patek have dropped, the company revealed. Higher Supply After Crypto Crash Hurts Resale Prices of Top Watches From
UG Investment, one of the oldest hedge funds specialising in Chinese markets, is planning to open its first office outside greater China to step up investment in south-east Asia in a move that would help it guard against the risks from any conflict between China and Taiwan. The fund, which manages assets of about $4bn,
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has discussed what he believes is the “best investment value today.” What is the Best Investment Value Today? Rich Dad Poor Dad’s Robert Kiyosaki Answers The author of Rich Dad Poor Dad, Robert Kiyosaki, has suggested that investors buy silver, stating that
Joe Biden has tested positive again for Covid-19, three days after announcing he was negative and resuming his in-person White House activities. The US president’s doctor, Kevin O’Connor, said Biden’s case was an example of “rebound” positivity, which sometimes occurs in patients who have taken Pfizer’s Covid-19 antiviral drug. “The president has experienced no re-emergence
New legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday. The goal, as stated by the country’s tax authority, is to improve the fight against organized crime, money laundering, and tax evasion. Critics doubt the law will achieve that. Authorities in Israel Go After Cash
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week ‘Bullish rate hike’ — Why crypto spiked in the face
Apecoin DAO community members have approved a governance proposal that will fund a Bored Ape Yacht Club (BAYC)-centric news publication called the Bored Ape Gazette with $150,000 for the first year. While the Bored Ape Gazette has been in operation since June 1, 2021, the site’s operator promises to “keep the community better informed” with
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Foreign investors have pulled funds out of emerging markets for five straight months in the longest streak of withdrawals on record, highlighting how recession fears and rising interest rates are shaking developing economies. Cross-border outflows by international investors in EM stocks and domestic bonds reached $10.5bn this month according to provisional data compiled by the
For membership clubs and fine hotels, style is everything. This is especially true at The Ned NoMad, which is the newest membership club and hotel in New York City. Located at 1170 Broadway, the space was previously home to the NoMad Hotel. After the hotel closed in 2021, Membership Collective Group (MCG) took over the
Zambia’s official creditors led by China have agreed to provide debt relief to the southern African nation, paving the way for an IMF bailout and setting a precedent for how Beijing could work with other lenders to tackle the threat of a wave of defaults across emerging markets. A committee of creditors co-chaired by China
The chief executive of KPMG’s business in the United Arab Emirates has held face-to-face meetings with key clients in an attempt to shore up confidence in the firm following weeks of unrest relating to his leadership and complaints about governance. Nader Haffar, head of KPMG Lower Gulf since 2018, and other senior leaders at the