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In El Salvador, Bitcoin will become legal tender from September 2021, with President Nayib Bukele aiming to help the population send remittances internationally, among other uses. Before this, Venezuelan citizens have also adopted digital assets as a means to escape the hyperinflation of fiat currency. developing countries have been seen to spearhead the use of crypto currencies in an effort to bank large “unbanked” populations.
In the U.S. Congressman José Luis Ramón recently presented a bil to allow employees to receive their salary in cryptocurrencies.
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CBDC’s become commonplace
A central bank digital currency (CBDC) uses a digital token to represent the virtual form of a fiat currenc...
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Tip of the iceberg
The rise of massively influential blockchain applications are set to change how we communicate and operate as a society. Throughout the pandemic, we have seen innovative uses of blockchain technology to track vacc...
23
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DeFi’s Next Steps
DeFi is a form of finance that removes central financial intermediaries to offer traditional financial instruments that utilize smart contracts on blockchains. users can bypass strict requirements of banks and engage in p...
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154 reads
NFTs move beyond art and collectibles
An NFT is essentially a digital token representing a totally unique asset, such as a piece of fine art or
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