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Russian Ruble Taps 7-Year High Against the US Dollar — Economist Says ‘Don’t Ignore the Exchange Rate’

21st June 2022 by admin

Recent news reports have detailed that Russia’s fiat currency, the ruble, was the best-performing currency worldwide and the articles explained that American economists were perplexed by the trend. On Monday, the Russian ruble rose to 55.47 per dollar, which was the highest increase since 2015. While many have dismissed the ruble’s exchange rate, Charles Lichfield, […]

Bulgarian Chief Prosecutor Accused of Willfully Failing to Act Against Onecoin Fraudsters

3rd June 2022 by admin

The legal representative of victims of the Onecoin bitcoin scam operation, Jonathan Levy, has accused the Bulgarian prosecutor of deliberately failing to take action against Onecoin. The lawyer said due to the prosecutor’s inaction, more victims are losing millions of dollars to the fraudsters. Prosecutor Refusing to Take Action Against Ruja Ignatova’s Mother A lawyer […]

Judge Dismisses Lawsuit Against Binance for Allegedly Selling Unregistered Crypto Securities

4th April 2022 by admin

A lawsuit against Binance accusing the cryptocurrency exchange of selling unregistered crypto securities has been dismissed. The plaintiffs listed nine cryptocurrencies in the lawsuit. What do you think about the court dismissing the lawsuit against Binance over unregistered securities sales? Let us know in the comments section below. Disclaimer: This article is for informational purposes […]

Billionaire Bill Miller Has ‘Very Big’ Bitcoin Position — Calls BTC ‘Insurance Against Financial Catastrophe’

12th February 2022 by admin

Veteran investor and fund manager Bill Miller says he has “a very big position” in bitcoin and expects to see a lot of institutional adoption this year, particularly among endowments and foundations. “Bitcoin is insurance against financial catastrophe,” he opined. Bill Miller Says ‘Bitcoin Is Insurance Against Financial Catastrophe’ Famed value investor Bill Miller talked […]

IMF Warns El Salvador Against Using Bitcoin as Legal Tender After ‘Bitcoin City’ Announcement

23rd November 2021 by admin

The International Monetary Fund (IMF) has warned El Salvador against using bitcoin as legal tender due to various risks associated with cryptocurrency. The warning came one day after Salvadoran President Nayib Bukele announced his plan to build a “bitcoin city” powered by a volcano and financed by bitcoin bonds. IMF Says El Salvador Shouldn’t Use […]

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