El Salvador on Tuesday became the first country to adopt bitcoin as legal tender, although it suffered teething problems when the government had to unplug a digital wallet to cope with demand. President Nayib Bukele, who pushed for adoption of the cryptocurrency, called for help from users who had already downloaded the government-backed app, to…
Former RBI deputy governor R Gandhi on Tuesday made a case for treating and regulating crypto as a separate asset class with a view to enabling governments around the world to effectively deal with illegal activities associated with virtual currencies. After quite a lot of debate over the years, he said, people have fully understood…
Choosing a broker to handle your financial trading can be a tricky business. Brokers are a necessary component in the world of financial trading. With millions of traders connected to the financial markets across the globe and with the virtual nature of the FX and CFD markets, all traders can’t gather in a single venue…
Bitcoin is undergoing the biggest test in its 12-year history as El Salvador becomes the first country to adopt it as legal tender Tuesday. Both enthusiasts and detractors of crytocurrencies will be monitoring the experiment to see if a significant number of people want to transact with Bitcoin when it circulates alongside the U.S. dollar,…
El Salvador is betting that this week’s pioneering adoption of Bitcoin will spur its economy, especially one of its most crucial sources of revenue: money sent home by Salvadorans in the United States. A fervent proponent of the cryptocurrency, President Nayib Bukele has asked the more than 2 million Salvadorans who live overseas to send…
Every now and then, we find ourselves in need of extra cash not only just to help us get by but to also help us finally purchase those big-ticket items that we need, like a car or a house, for instance. So, in order to make that possible, people use loans. However, a lot of…
HONG KONG (Reuters) – Binance, one of the world’s largest cryptocurrency exchanges, said it will restrict its services in Singapore days after the city state’s central bank said it should stop offering payment services. Binance will stop offering Singapore dollar payment options and Singapore dollar trading pairs from Sep. 10 and remove the app from…
Eyewear is a fashion statement. Whether it’s for daily use, reading, or to block out the sun, billions of people across the world wear some form of eyewear. So aspiring entrepreneurs looking for products to sell online would do well to consider an eyeglasses business. So how does one start an eyeglasses business? Let’s walk…
Personal loans help many people in achieving different financial goals in their lives. In 2020, almost 21 million people had personal loans. This goes on to show how important these loans are for people. Because they are so widely sought out, there is a lengthy process to secure a personal loan. Many people are not…
Bitcoin broached the key $50,000 level once again as the wider cryptocurrency market continued its rally. The largest cryptocurrency rose as high as $50,363 on Monday, having briefly surpassed $50,000 on Aug. 23 as well — a level it hadn’t hit since mid-May. Ether, the second-largest crypto, rose as much as 3% to $3,843, continuing…
