News that Strengthen Cryptocurrency (XXX)

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News that Strengthen Cryptocurrency (XV)

A weekly section discussing how general events can influence the near-term future of cryptocurrency sector

Central Banks to Discuss Cashless Scenarios

It has been rumored that the central bank representatives of different countries will be conducting a roundtable discussion this month in London, related to the scenarios that could erupt in a cashless society. According to the reliable reports, they will actually going to discuss whether cashless methods can bring more transparency between the government and people.

Venezuelan Black Dollar Market Makes New Record

The dollar black market in Venezuela recent broke its previous records, where the value each dollar reached to a whopping 300 Bolivars. It has been noted that the current black market value of USD is 48 times higher than the lowest official rate of 6.3 Bolivars per dollar. It could be better for users to either purchase cryptocurrency tokens and exchange them with the USD via multiple cryptocurrency exchanges.

PayPal Blocks Accounts of Russian Activists

Global remittence service PayPal recently blocked the accounts of Russian activists that were trying to raise funds for a so-called anti-national report. In its explanation, the American company cited the “political nature of the campaign” as their main reason to block the accounts. The report was expected to reveal the involvement of Russian military in the Ukraine war. We believe this report could be funded easily with cryptocurrency tokens.

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With an upbringing rooted in deep ethical values, Yashu Gola knows how to put honesty and dedication into his articles. This young and dynamic financial analyst has done his graduation in IT engineering. His interests in financial writing have once brought him to our digital doorsteps. Since then, he has been an integral part of ForexMinute.com and writes the most captivating news-articles on the foreign exchange industry, cryptocurrencies, and medical marijuana trading.