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Senate probes scarcity of lower denomination currency notes The Senate has commenced investigation into why Nigeria banks no longer dispense lower Naira denominations. The upper legislative chamber warned that if the situation was not remedied urgently, it may lead to total collapse of the economy. It therefore mandated its Committee on Banking, ...
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Cryptocurrency market will hit $1 trillion valuation this year, CEO of top exchange says The entire cryptocurrency market will reach a total value of $1 trillion this year, according to the chief executive of a top digital currency exchange. Jesse Powell, founder and CEO of Kraken, said Tuesday that the cryptocurrency market would continue to see an "acceleration" of growth — despite a sharp ...
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Are Cryptocurrencies right mode of investment for Indian investors? But, governments are unlikely to hand away from their currency to a digital competitor. To add to it, the volatility that comes with cryptocurrencies such as Bitcoin is enormous, driven in large part by varying perceptions of the intrinsic value of the cryptocurrency, regulatory treatment, and its limited ...
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Zuma Going But Not Gone Leaves Traders Divided on Rand's Future For about five minutes, the world's most volatile currency barely budged as a top leader of South Africa's ruling party made the announcement that everybody had been waiting for: President Jacob Zuma has been ordered to resign.
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