Blockchain Is Good But Won’t Rush To An Early Crypto Policy: Indian Finance Minister
Indian Finance Minister Nirmala Sitharaman has offered a more nuanced response to the need for a policy for the Indian cryptocurrency sector. It presents a noticeable contrast to her usual dismissive stance on the future of digital assets in India.
Speaking at a program at Stanford Medicine, Stanford, on Wednesday she said her government’s intention is not to hurt the blockchain ecosystem in any way but the country needs time to make its decision, media reports said.
Indian Finance Minister Nirmala Sitharaman has offered a more nuanced response to the need for a policy for the Indian cryptocurrency sector. It presents a noticeable contrast to her usual dismissive stance on the future of digital assets in India.
Speaking at a program at Stanford Medicine, Stanford, on Wednesday she said her government’s intention is not to hurt the blockchain ecosystem in any way but the country needs time to make its decision, media reports said.
Coinweb is one of the most promising projects
Now the price of CWEB token on exchanges Gate.io and Kucoin grows against the market. The project is the killer of DOT and similar services. Now its price is only $0.02, although at the start of trading a few months ago it was worth more than $0.2. Analysts agree that the token could be worth more than $0.5 by the fall, and will reach $1 in 2023.
Now the price of CWEB token on exchanges Gate.io and Kucoin grows against the market. The project is the killer of DOT and similar services. Now its price is only $0.02, although at the start of trading a few months ago it was worth more than $0.2. Analysts agree that the token could be worth more than $0.5 by the fall, and will reach $1 in 2023.
Andreessen Horowitz Announces $4.5 Billion Fund for Crypto, Blockchain Sector
At a time when the digital assets market is witnessing an acute downturn, American venture capital fund Andreessen Horowitz has announced a new $4.5 billion fund for crypto and blockchain investments.
This is the fourth fund from the Silicon Valley fund for the crypto asset class. Together, the fund now accumulates $7.6 billion. Andreessen’s first crypto-focused fund was also launched during a downturn four years ago. The latest fund is the fourth in the series and combined they take the total to $7.6 billion, a CNBC report said.
At a time when the digital assets market is witnessing an acute downturn, American venture capital fund Andreessen Horowitz has announced a new $4.5 billion fund for crypto and blockchain investments.
This is the fourth fund from the Silicon Valley fund for the crypto asset class. Together, the fund now accumulates $7.6 billion. Andreessen’s first crypto-focused fund was also launched during a downturn four years ago. The latest fund is the fourth in the series and combined they take the total to $7.6 billion, a CNBC report said.
Galaxy Block Coin (GXBC) Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, Jun. 22, 2022 – LBank Exchange, a global digital asset trading platform, has listed Galaxy Block Coin (GXBC) on June 22, 2022. For all users of LBank Exchange, the GXBC/USDT trading pair is now officially available for trading.
Aiming to revolutionize blockchain gaming, Galaxy Block Coin (GXBC) builds an ecosystem where users can enjoy games and rewards with its other features including NFT, wallet, metaverse, digital contents, GXBC token, and more. The GXBC token has been listed on LBank Exchange at 14:00 (UTC+8) on June 22, 2022, to further expand its global reach and help it achieve its vision.
INTERNET CITY, DUBAI, Jun. 22, 2022 – LBank Exchange, a global digital asset trading platform, has listed Galaxy Block Coin (GXBC) on June 22, 2022. For all users of LBank Exchange, the GXBC/USDT trading pair is now officially available for trading.
Aiming to revolutionize blockchain gaming, Galaxy Block Coin (GXBC) builds an ecosystem where users can enjoy games and rewards with its other features including NFT, wallet, metaverse, digital contents, GXBC token, and more. The GXBC token has been listed on LBank Exchange at 14:00 (UTC+8) on June 22, 2022, to further expand its global reach and help it achieve its vision.
Ethereum vs. Ethereum Classic
If you’re new to digital currency, seeing Ethereum and Ethereum Classic could confound you. You could either go for Ethereum or Ethereum Classic. What’s the distinction between them?
What are the distinctions between Ethereum and Ethereum Classic?Ethereum Classic is viewed as the traditional Ethereum for specific reasons. On the off chance that you are much of an observer, the name ‘Ethereum Classic’ would have hinted to you the contrast between them, as classic means traditional. If you speculated thus, you guessed correctly.
What Differentiates Ethereum from Ethereum Classic?CURRENCY: These two Ethereum versions have distinct native currencies. Ethereum’s coin is called ETH, while Ethereum Classic is called ETC.HISTORY: The historical backdrop of the creation of these two variants is fascinating. It’s even more intriguing to know that Ethereum was only a single currency when it was introduced. However, in 2016, an unknown hacker looted millions of ETHs from a smart network under Ethereum called DAO (Decentralized Autonomous Organization) after discovering a loophole in its blockchain.It steered the creators to take a huge decision. They resolved to reverse the hack by splitting the network into two, generating a new blockchain. However, some users perceived this to be a betrayal of the doctrine of ‘code is law,’ meaning that a blockchain is inflexible.
This faction of miners refused to elevate to the new blockchain, causing a hard fork; thus, creating two currencies; Ethereum and Ethereum Classic. Ethereum became the new network, while Classic is the original.
If you’re new to digital currency, seeing Ethereum and Ethereum Classic could confound you. You could either go for Ethereum or Ethereum Classic. What’s the distinction between them?
What are the distinctions between Ethereum and Ethereum Classic?Ethereum Classic is viewed as the traditional Ethereum for specific reasons. On the off chance that you are much of an observer, the name ‘Ethereum Classic’ would have hinted to you the contrast between them, as classic means traditional. If you speculated thus, you guessed correctly.
What Differentiates Ethereum from Ethereum Classic?CURRENCY: These two Ethereum versions have distinct native currencies. Ethereum’s coin is called ETH, while Ethereum Classic is called ETC.HISTORY: The historical backdrop of the creation of these two variants is fascinating. It’s even more intriguing to know that Ethereum was only a single currency when it was introduced. However, in 2016, an unknown hacker looted millions of ETHs from a smart network under Ethereum called DAO (Decentralized Autonomous Organization) after discovering a loophole in its blockchain.It steered the creators to take a huge decision. They resolved to reverse the hack by splitting the network into two, generating a new blockchain. However, some users perceived this to be a betrayal of the doctrine of ‘code is law,’ meaning that a blockchain is inflexible.
This faction of miners refused to elevate to the new blockchain, causing a hard fork; thus, creating two currencies; Ethereum and Ethereum Classic. Ethereum became the new network, while Classic is the original.
Zebedee Inks Deal With Mobile Game Studio Viker to Add BTC Rewards to Solitaire, Sudoku, Missing Letters
Seven days after the financial technology and bitcoin payments firm Zebedee announced it secured a $35 million capital raise, the company has revealed a new partnership deal with the mobile game studio Viker. The two companies have enhanced three classic video games with Zebedee’s bitcoin reward mechanics which include “Solitaire,” “Sudoku,” and the game “Missing Letters.”
Bitcoin Rewards to Enhance 3 Classic Mobile Video GamesThe Square Enix-backed company Zebedee has been making a number of announcements in recent times and last week, the firm announced it raised $35 million from strategic investors. Participating investors in Zebedee’s latest capital raise include Kingsway Capital, Raine Group, Initial Capital, Lakestar, and the Japanese gaming giant Square Enix. On July 26, Zebedee revealed it has inked a new partnership deal with mobile game studio Viker.
Zebedee and Viker have partnered in the past as the bitcoin rewards mechanism has been implemented in games like “Wheel of Trivia,” “Amazeballs,” and “Balls King,” which are available to play on iOS and Android devices. The success behind those games prompted the two companies to integrate BTC payments into classic mobile games that have been popular for the last decade. The three newly enhanced games include “Sudoku,” “Solitaire,” and “Missing Letters,” a game that’s similar to the mobile application “Wordle.”
Seven days after the financial technology and bitcoin payments firm Zebedee announced it secured a $35 million capital raise, the company has revealed a new partnership deal with the mobile game studio Viker. The two companies have enhanced three classic video games with Zebedee’s bitcoin reward mechanics which include “Solitaire,” “Sudoku,” and the game “Missing Letters.”
Bitcoin Rewards to Enhance 3 Classic Mobile Video GamesThe Square Enix-backed company Zebedee has been making a number of announcements in recent times and last week, the firm announced it raised $35 million from strategic investors. Participating investors in Zebedee’s latest capital raise include Kingsway Capital, Raine Group, Initial Capital, Lakestar, and the Japanese gaming giant Square Enix. On July 26, Zebedee revealed it has inked a new partnership deal with mobile game studio Viker.
Zebedee and Viker have partnered in the past as the bitcoin rewards mechanism has been implemented in games like “Wheel of Trivia,” “Amazeballs,” and “Balls King,” which are available to play on iOS and Android devices. The success behind those games prompted the two companies to integrate BTC payments into classic mobile games that have been popular for the last decade. The three newly enhanced games include “Sudoku,” “Solitaire,” and “Missing Letters,” a game that’s similar to the mobile application “Wordle.”
Forwarded from CryptoSoul
Get a free NFT land in the new metauniverse RIGHT NOW!
Friends, last year we were actively working on our metauniverse Crypto Soul World. And now, it's time to announce the imminent launch of this ambitious project! Right now you can buy CSW token on PancakeSwap early presale. In a month this token will be added to centralized exchanges like Kucoin and Huobi, and in December we plan a listing on Binance.
CSW is a metauniverse utility token with which you can buy NFT land and NFT characters in Crypto Soul World universe. Details about the universe itself are still under wraps, but we will be publishing a Lite Paper very soon.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the metauniverse launch.
When the universe is launched, each CSW token holder will receive an NFT plot of land at the rate of 10 000 tokens = 1 NFT! For example, if you buy and hold 50 000 CSW tokens, you will receive 5 NFT when the metauniverse is launched!
Hurry up, only 800,000 tokens are available for sale right now. Max 80 NFT plots will be distributed among all presale participants.
The metauniverse is scheduled to launch on September 1.
Friends, last year we were actively working on our metauniverse Crypto Soul World. And now, it's time to announce the imminent launch of this ambitious project! Right now you can buy CSW token on PancakeSwap early presale. In a month this token will be added to centralized exchanges like Kucoin and Huobi, and in December we plan a listing on Binance.
CSW is a metauniverse utility token with which you can buy NFT land and NFT characters in Crypto Soul World universe. Details about the universe itself are still under wraps, but we will be publishing a Lite Paper very soon.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the metauniverse launch.
When the universe is launched, each CSW token holder will receive an NFT plot of land at the rate of 10 000 tokens = 1 NFT! For example, if you buy and hold 50 000 CSW tokens, you will receive 5 NFT when the metauniverse is launched!
Hurry up, only 800,000 tokens are available for sale right now. Max 80 NFT plots will be distributed among all presale participants.
The metauniverse is scheduled to launch on September 1.
pancakeswap.finance
Home | PancakeSwap
Trade, earn, and own crypto on the all-in-one multichain DEX
Forwarded from CryptoSoul
FREE NFT GIVEAWAY!
Less than a month remains before the public release of our metaverse Crypto Soul World. Upon release to centralized exchanges, the price of the CSW token will start at $0.5 per token. Now there is a presale of token on PancakeSwap exchange, only 800,000 tokens are sold now on special conditions for members of our community.
Everyone who buys 10,000 tokens on the PancakeSwap exchange and holds tokens by September 1 will receive 1 NFT value for every 10,000 tokens to their wallet.
Right now the price of a token is only $0.01 and continues to rise due to high demand.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.
Less than a month remains before the public release of our metaverse Crypto Soul World. Upon release to centralized exchanges, the price of the CSW token will start at $0.5 per token. Now there is a presale of token on PancakeSwap exchange, only 800,000 tokens are sold now on special conditions for members of our community.
Everyone who buys 10,000 tokens on the PancakeSwap exchange and holds tokens by September 1 will receive 1 NFT value for every 10,000 tokens to their wallet.
Right now the price of a token is only $0.01 and continues to rise due to high demand.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.
pancakeswap.finance
Home | PancakeSwap
Trade, earn, and own crypto on the all-in-one multichain DEX
Forwarded from CryptoSoul
Get a piece of NFT land in the Crypto Soul World metaverse!
Everyone who buys 10,000 tokens CSW on the PancakeSwap exchange and holds tokens till the 1st of September will receive 1 NFT value for every 10,000 tokens to their wallet.
Right now the price of a token is only $0.01 and continues to rise due to high demand.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.
Everyone who buys 10,000 tokens CSW on the PancakeSwap exchange and holds tokens till the 1st of September will receive 1 NFT value for every 10,000 tokens to their wallet.
Right now the price of a token is only $0.01 and continues to rise due to high demand.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.
Popular Analyst Justin Bennett Says Latest Crypto Bump Is a Bull Trap – Here’s Why
A closely followed crypto analyst is warning investors to avoid getting overly excited after the markets bounced off a flash crash during the weekend.
In a series of posts, Justin Bennett tells his 107,100 Twitter followers that he expects crypto prices will continue to fall, noting that the recent recovery could be a bull trap which lures investors into falsely believing that an extended rally has begun.
A closely followed crypto analyst is warning investors to avoid getting overly excited after the markets bounced off a flash crash during the weekend.
In a series of posts, Justin Bennett tells his 107,100 Twitter followers that he expects crypto prices will continue to fall, noting that the recent recovery could be a bull trap which lures investors into falsely believing that an extended rally has begun.
European Parliament Passes Resolution on Crypto Tax and Blockchain Use To Make Tax Collection More Efficient
The European Parliament has adopted a resolution relating to taxes for the crypto market. A press release published on October 4 said that the Members of the Parliament of the European Union (MEP) passed a non-binding resolution that delivers a framework for taxing crypto and using blockchain tech in taxation.
The resolution says that crypto assets “must be subject to fair, transparent, and effective taxation.” However, it does ask authorities to consider a simplified tax treatment for “occasional or small traders and small transactions.” This will be a relief for smaller investors worried about heavy taxation, which has happened in some countries, such as India.
The European Parliament has adopted a resolution relating to taxes for the crypto market. A press release published on October 4 said that the Members of the Parliament of the European Union (MEP) passed a non-binding resolution that delivers a framework for taxing crypto and using blockchain tech in taxation.
The resolution says that crypto assets “must be subject to fair, transparent, and effective taxation.” However, it does ask authorities to consider a simplified tax treatment for “occasional or small traders and small transactions.” This will be a relief for smaller investors worried about heavy taxation, which has happened in some countries, such as India.
Bitcoin Mining Software Gets a Serious Upgrade
Software utilized in bitcoin mining projects is about to get its first major upgrade in roughly ten years, and financial companies – including Block (formerly known as Square) are looking to take advantage.
Bitcoin Mining Needs to Undergo Some ChangesOne of the big issues surrounding bitcoin mining is that it operates on a proof of work (PoW) protocol, which many environmentalists think could lead the planet into a dark corner. Proof of work allegedly requires more energy than some countries, and it’s believed that if miners continue this path, the atmosphere is going to take a brutal beating.
Today, many bitcoin mining enterprises utilize software known as Stratum, which allegedly facilitates communication between miners, mining pools, and related crypto networks. It combines all the BTC hashing power throughout the world and secures it under a single roof. Stratum is then used by miners to not only submit their work but garner necessary rewards for extracting new units and adding them to the blockchain.
Software utilized in bitcoin mining projects is about to get its first major upgrade in roughly ten years, and financial companies – including Block (formerly known as Square) are looking to take advantage.
Bitcoin Mining Needs to Undergo Some ChangesOne of the big issues surrounding bitcoin mining is that it operates on a proof of work (PoW) protocol, which many environmentalists think could lead the planet into a dark corner. Proof of work allegedly requires more energy than some countries, and it’s believed that if miners continue this path, the atmosphere is going to take a brutal beating.
Today, many bitcoin mining enterprises utilize software known as Stratum, which allegedly facilitates communication between miners, mining pools, and related crypto networks. It combines all the BTC hashing power throughout the world and secures it under a single roof. Stratum is then used by miners to not only submit their work but garner necessary rewards for extracting new units and adding them to the blockchain.
Tim Draper Thinks Women Will Really Help BTC
What will bring bitcoin back from the brink of disaster? According to famed venture capitalist and digital currency enthusiast Tim Draper, the answer is women.
Tim Draper: Women Are the AnswerThe crypto space has been doing very poorly as of late. The industry has fallen by more than $2 trillion in valuation and some of the largest, mainstream digital assets – including bitcoin – are down by 70 percent or more from their 2021 November highs. It’s an ugly sight to see, and many analysts are conflicted about when bitcoin and its altcoin cousins could come back.
What will bring bitcoin back from the brink of disaster? According to famed venture capitalist and digital currency enthusiast Tim Draper, the answer is women.
Tim Draper: Women Are the AnswerThe crypto space has been doing very poorly as of late. The industry has fallen by more than $2 trillion in valuation and some of the largest, mainstream digital assets – including bitcoin – are down by 70 percent or more from their 2021 November highs. It’s an ugly sight to see, and many analysts are conflicted about when bitcoin and its altcoin cousins could come back.
Miss El Salvador Features Bitcoin in Miss Universe 2023
The Miss Universe contestant from El Salvador this year has surprised viewers by featuring bitcoin as part of her national costume. El Salvador has adopted the cryptocurrency as legal tender and has passed a new regulatory framework for the issuance of its long-awaited bitcoin-backed Volcano bonds.
Bitcoin Showcased in Miss Universe 2023The Miss Universe 2023 contestant from El Salvador, Alejandra Guajardo, surprised viewers Wednesday night with her choice of costume. Guajardo walked onto the stage in the 71st Miss Universe National Costume Show wearing a costume representing “the evolution of the Salvadoran currency,” the Miss Universe El Salvador official Instagram account described, adding that the outfit is designed by Francisco Guerrero.Miss El Salvador’s national costume features cacao beans, the colón, the U.S. dollar, and the Bitcoin symbol. Originally, cacao was used as currency in El Salvador. The colón became the official currency of El Salvador from 1892 until it was replaced by the U.S. dollar in January 2001. The costume’s predominant colors are gold, silver, and bronze.
Esta noche, Miss Universo El Salvador, Alejandra Guajardo, representa la historia de las monedas del país, desde el colón hasta el #Bitcoin, en su traje nacional. pic.twitter.com/q5tVbytJXl
The Miss Universe contestant from El Salvador this year has surprised viewers by featuring bitcoin as part of her national costume. El Salvador has adopted the cryptocurrency as legal tender and has passed a new regulatory framework for the issuance of its long-awaited bitcoin-backed Volcano bonds.
Bitcoin Showcased in Miss Universe 2023The Miss Universe 2023 contestant from El Salvador, Alejandra Guajardo, surprised viewers Wednesday night with her choice of costume. Guajardo walked onto the stage in the 71st Miss Universe National Costume Show wearing a costume representing “the evolution of the Salvadoran currency,” the Miss Universe El Salvador official Instagram account described, adding that the outfit is designed by Francisco Guerrero.Miss El Salvador’s national costume features cacao beans, the colón, the U.S. dollar, and the Bitcoin symbol. Originally, cacao was used as currency in El Salvador. The colón became the official currency of El Salvador from 1892 until it was replaced by the U.S. dollar in January 2001. The costume’s predominant colors are gold, silver, and bronze.
Esta noche, Miss Universo El Salvador, Alejandra Guajardo, representa la historia de las monedas del país, desde el colón hasta el #Bitcoin, en su traje nacional. pic.twitter.com/q5tVbytJXl
Chainalysis: Crypto Crime Outlets Have Become Limited
Blockchain analysis firm Chainalysis says in a new report that crypto crime fighting has been effective to some degree. While the amount of crime hasn’t necessarily fallen in recent years, the fight against it has limited criminals to certain platforms when cashing out, transferring their stolen funds into fiat, or engaging in illicit transactions.
New Chainalysis Report Says Criminals Don’t Have That Many EnterprisesIn its report, Chainalysis says most criminals are limited to about 915 digital platforms to engage in illegal transfers. This is the smallest number recorded since 2012, arguably a year when crypto was still very new and in development. The analysis company also said that many illicit firms have gone out of business in recent years, thus keeping criminals contained to fewer options as they no longer have the large havens to explore when engaging in illegal transactions.
Blockchain analysis firm Chainalysis says in a new report that crypto crime fighting has been effective to some degree. While the amount of crime hasn’t necessarily fallen in recent years, the fight against it has limited criminals to certain platforms when cashing out, transferring their stolen funds into fiat, or engaging in illicit transactions.
New Chainalysis Report Says Criminals Don’t Have That Many EnterprisesIn its report, Chainalysis says most criminals are limited to about 915 digital platforms to engage in illegal transfers. This is the smallest number recorded since 2012, arguably a year when crypto was still very new and in development. The analysis company also said that many illicit firms have gone out of business in recent years, thus keeping criminals contained to fewer options as they no longer have the large havens to explore when engaging in illegal transactions.
Play-To-Own – Paving the Way for the Next Generation of Games
The gaming industry has come leaps and bounds since the introduction of the Magnavox Odyssey back in 1972.
We have progressed through Web 1.0, Web 2.0 and are now entering the new age of the internet with Web 3.0 – and with the evolution of the internet comes the evolution of gaming.
Blockchain technology has revolutionized the gaming industry, bringing transparency to games and complete ownership to players – something that was always missing in Web 2.0 gaming experiences.
The gaming industry has come leaps and bounds since the introduction of the Magnavox Odyssey back in 1972.
We have progressed through Web 1.0, Web 2.0 and are now entering the new age of the internet with Web 3.0 – and with the evolution of the internet comes the evolution of gaming.
Blockchain technology has revolutionized the gaming industry, bringing transparency to games and complete ownership to players – something that was always missing in Web 2.0 gaming experiences.
The owner of this channel has been inactive for the last 11 months. If they remain inactive for the next 29 days, they may lose their account and admin rights in this channel. The channel will remain accessible for all users.
The owner of this channel has been inactive for the last 11 months. If they remain inactive for the next 18 days, they may lose their account and admin rights in this channel. The channel will remain accessible for all users.
Argentina to Settle Chinese Imports in Yuan to Safeguard Dwindling Dollar Reserves
The economy minister of Argentina, Sergio Massa, announced that starting this month, payments for imports coming from China will be settled using the Chinese yuan. The agreement, which will allow the country to safeguard its dwindling dollar reserves, involves the disbursement of more than $1 billion in April.
Argentina to Settle Bilateral Transactions With China in Chinese YuanArgentina, one of the big three economies in Latin America, will use the Chinese yuan to pay for certain imports. According to statements from Argentine Economy Minister Sergio Massa, the country will begin settling payments for Chinese imports using the Chinese yuan, in the context of saving the scarce dollars that the country still has left.
The agreement is perceived by analysts as a positive pact for the nations, as China deepens the penetration and usage of the Chinese yuan in Latam, and Argentina manages to leverage $5 billion of the “swap” reserve that was approved between Argentine President Alfredo Fernandez and Chinese President Xi Jinping, solidified in a bilateral meeting which took place at the 17th G20 summit back in 2022.
The economy minister of Argentina, Sergio Massa, announced that starting this month, payments for imports coming from China will be settled using the Chinese yuan. The agreement, which will allow the country to safeguard its dwindling dollar reserves, involves the disbursement of more than $1 billion in April.
Argentina to Settle Bilateral Transactions With China in Chinese YuanArgentina, one of the big three economies in Latin America, will use the Chinese yuan to pay for certain imports. According to statements from Argentine Economy Minister Sergio Massa, the country will begin settling payments for Chinese imports using the Chinese yuan, in the context of saving the scarce dollars that the country still has left.
The agreement is perceived by analysts as a positive pact for the nations, as China deepens the penetration and usage of the Chinese yuan in Latam, and Argentina manages to leverage $5 billion of the “swap” reserve that was approved between Argentine President Alfredo Fernandez and Chinese President Xi Jinping, solidified in a bilateral meeting which took place at the 17th G20 summit back in 2022.
Margex Copy Trading: Revolutionizing Cryptocurrency Trading for Both Novice and Pro Traders
Cryptocurrency trading has gained immense popularity in recent years, offering individuals lucrative opportunities to grow their assets. However, for those less experienced in trading and new investors entering the market, the intricacies of cryptocurrency trading can be overwhelming.
Fortunately, the emergence of Margex, an innovative platform for trading cryptocurrency derivatives, has introduced a fascinating twist to these challenges with its unique Copy Trading system. Margex’s copy trading mechanism allows users to leverage the expertise of professional traders and maximize their profits without requiring any prior trading experience. By allowing users to copy the trading strategies of professional traders, Margex simplifies the trading process and eliminates the need for in-depth market knowledge.
Cryptocurrency trading has gained immense popularity in recent years, offering individuals lucrative opportunities to grow their assets. However, for those less experienced in trading and new investors entering the market, the intricacies of cryptocurrency trading can be overwhelming.
Fortunately, the emergence of Margex, an innovative platform for trading cryptocurrency derivatives, has introduced a fascinating twist to these challenges with its unique Copy Trading system. Margex’s copy trading mechanism allows users to leverage the expertise of professional traders and maximize their profits without requiring any prior trading experience. By allowing users to copy the trading strategies of professional traders, Margex simplifies the trading process and eliminates the need for in-depth market knowledge.