Bitcoin is getting new traction in South American countries. While the price fluctuations of the currency are still valid and the market is extremely volatile, there is no denial that the "people's currency" is "rain making" in South America. According to recent press releases, adoption of Bitcoin in South America has increased significantly in the…
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Venezuela's oil-backed state cryptocurrency is getting some traction. After the stable coin was created to fight off inflation and Trump's imposing regulations on the country, the Petro has experienced some downs, as it was not perceived well from common people and especially businesses. Things are starting to change, it looks. The Petro is now reportedly…
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The economy in Venezuela is going down. The country is experiencing high inflation and constant shortage of food and water, mainly because of US sanctions. In the summer of 2018, Leaprate reported that President Nicolas Maduro has placed all "his eggs in one basket" - by using the petro, a state-backed digital coin, to save…
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The largest bank in Kuwait, the National Bank of Kuwait, announced that it will integrate Ripple to its online banking system for the facilitation of cross-border payment transactions. The Ripple service will be available to all of the bank's users who have access to online banking 24/7. The new transfer service is now available to…
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