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Argentina’s Central Bank to issue a new 2,000 peso note as inflation continues to rise

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The Central Bank of Argentina has announced the issuance of a new 2,000 peso note, with the aim of alleviating the burden of using cash for payments in the country. The bill, which will be worth just over $5 USD blue (the informal exchange rate), is already being criticized as an insufficient measure. Central Bank…

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Bitcoin strike-based payment app announces expansion in Philippines

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Bitcoin Strike-based financial app and payment network announced that they are expanding their money transfer services with Bitcoin Lightning Network to the Philippines. The ad sees Strike making its foray into one of the biggest remittance markets in the world, valued at a staggering $35 million. Expansion to the Philippines Digital payments company Strike has…

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Bitcoin ATM locations increase 28% in Canada

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While downward trends in cryptocurrency prices have affected the growth of the industry, cryptocurrency-related developments continue to make headlines almost daily. This time, the North American country Canada has seen a huge increase in the installation of Bitcoin ATMs. According to statistics provided by Coin ATM Radar, Bitcoin ATM locations in Canada have increased by…

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Why did the US Treasury sanction the Tornado Cash cryptocurrency exchange?

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According to a press release, the U.S. Treasury Department announced sanctions against Tornado Cash, a decentralized exchange (DEX). The institution has added the tornado.cash website, associated entities, and various Ethereum-based addresses to its Office of Foreign Assets Control (OFAC) list of Specially Designated Citizens and Blocked Persons (SDN). There are around 40 ETH addresses on…

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Coca-Cola NFTs: The Company Launched NFT Collectibles on Polygon

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Coca-Cola NFTs are here. The company is launching a series of NFT collectibles on top of the Polygon network. According to a recent press release, Coca-Cola wants to thank fans that have been part of the brand’s journey into the Metaverse. These Coca-Cola NFTs have been released on the occasion of International Friendship Day 2022.

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Trade Crypto Africa – tradecryptoafrica.com

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Trade Crypto Africa is managed by a group of proffesional traders who know exactly what it takes to earn the most from each investment. We minimize risk by diversifing in multiple areas such as Crypto Mining, Crypto Trade, and innovative commericial businesses; and are constantly pushing to acheive greater results with each successful return. Now…

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Mastercard Sees Crypto More As An Asset Class Than A Payment Method

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Mastercard views cryptocurrency more as an asset class than a means of payment, according to the payments giant’s chief financial officer. Mastercard’s encryption strategy “has been quite successful as long as encryption environments have existed,” he added. Mastercard CFO on Cryptocurrency as an Asset Class vs. Mastercard Chief Financial Officer (CFO) Sachin Mehra shared his…

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Central Bank of Uruguay calls on Binance for its savings-focused cryptocurrency products

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The Central Bank of Uruguay made a call to Binance, one of the largest exchanges in the world, due to the series of cryptocurrency-based savings products they are offering in the country. These savings products, according to the bank, can only be made through verified banking institutions or companies that issue shares on the national…

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Tether condemns ‘false information’ and denies holding any Chinese trading paper in new statement

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Stablecoin issuer Tether wants to debunk rumors that they hold Chinese commercial paper as backing for (USDT) In a new statement from the company, Tether says it does not hold any Chinese paper and such “false information” is a threat to the industry. The company also says it plans to reduce its total commercial paper…