China's hegemonic ambitions in the economic sphere have been well-known. The desire of the Asian giant and its BRICS partners to move away from the dollar is essentially an expression of this ambition. This ambition has recently seen progress involving the euro, the currency used in the European area.
What is the state of crypto adoption in the Maghreb? It's not an insignificant question, especially as the region is far from being the continent's crypto powerhouse. Sub-Saharan Africa is leading the way, driven in particular by Nigeria. Figures show that in this West African country, more and more people are holding cryptos or are aware of their existence. In fact, several Maghreb countries are not far behind in this dynamic, even if the relative weakness of this craze must be acknowledged. In what follows, we look at the trends in crypto adoption in the Maghreb and the reasons behind them.
Stablecoins, much like crypto assets, do not enjoy unanimous support from governments. Even though stablecoins appear to offer more security, Japan is grappling with a crucial question: are they as reliable as they seem? And in case they are not, how can greater security be ensured in the sector?
The unprecedented boom in options on the Ethereum crypto (ETH) has taken many in the ecosystem by surprise. ETH option block volumes recently passed the impressive threshold of $250 million. Behind this figure lies a complex phenomenon, tinged with both opportunities and challenges.
The BRICS have officially decided to leave the dollar. In the meantime, the question of the currency's use in settling international transactions seems to be a point of contention between the member countries. Here's what it's all about.
In a recent report, the UN looks at the energy consumption of Bitcoin, highlighting a close link between the price of BTC and its energy consumption. But what is the reality?
Although criticized for its carbon footprint, crypto mining, and bitcoin mining in particular, is a profitable business. It is dominated by large, financially powerful companies. But the operation remains accessible to a handful of independents, some of whom are renowned for their efficiency.
His supporters chanted “five more years”, and he accepted their request to run for El Salvador's next presidential term. And yet, his political opponents have never accepted the legalization of bitcoin. Let alone this second term at the head of the country. But Nayib Bukele, who is used to seeing things through, persists.