Digital currencies may be volatile, but one company in Argentina has found a way to allow farmers to purchase goods and services online using surplus grain.
Tag: digital currency
As cannabis is legalized in more places, investors are taking note. One Luxembourg-based, Uruguayan-led fund has found an innovative way to bypass banking obstacles and raise capital.
Faced with a $32 billion drop in their wealth this year, Russian oligarchs are looking for assets to allow them to overcome sanctions that will increase with the invasion of Ukraine. Familiar with crises, they see bitcoin and other cryptocurrencies as an escape from the hegemony of the dollar, and a way to diversify their holdings.
Now that central banks are opening to the idea of digital currencies, there may no turning back. But it comes with real risks, especially with regards to China’s ambitions.