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Palau Collaborates With Japan to Introduce Blockchain Savings Bonds

[Oct 9 11:20 AM] The government of Palau has taken a major step towards integrating blockchain technology into its economy with the launch of Palau Invest, a digital savings bond platform. This initiative, developed in collaboration with Japan, offers citizens a…

Crypto ready for next phase of adoption: Winning over financial advisers

[Aug 1 1:00 PM] Crypto struggles to reach beyond its base. With ETFs now live, financial advisers are key to wider adoption.

Crypto adoption in Argentina soars amid 276% inflation spike

[Jul 9 6:28 AM] Argentina has emerged as the top market by numbers of visitors on Binance, one of the world’s largest crypto exchanges.

Coinbase States Americans Could Have Saved at Least $74 Billion Using Crypto

[Feb 9 9:00 PM] Coinbase, a leading U.S. cryptocurrency exchange, claims that Americans could have saved at least $74 million in 2022 by leveraging crypto tech instead of using credit cards as payment options. In its latest State of Crypto report, Coinbase reveals…

Only 2 % of Russians Ready to Keep All Their Savings in Digital Ruble: Poll

[Aug 27, 2023 3:30 AM] While over half of Russians are willing to put some money into their nation’s digital ruble, only 2% say they would keep all their savings in it. Insufficient information and fear of system failures are among the biggest factors turning people away…

Study Shows Bank of England’s Rising Interest Rates Threaten 1.2 Million UK Households With Insolvency

[Jun 25, 2023 5:30 AM] The Bank of England made an impactful move last Thursday, June 22, 2023, as it raised the benchmark bank rate to 5%, marking a significant 0.5 percentage point increase. This decision catapults the central bank’s rate to its highest level…

Russians Warned Against Saving in Crypto Amid Declining Savings in Foreign Fiat

[Jun 1, 2023 5:30 AM] A government official in Moscow has advised Russians to avoid cryptocurrencies now when interest in foreign fiat currencies is declining in the country. The high-risk assets are not suitable for the savings of most people and make sense only for…

Inflation and Anguish: Outraged Lebanese Depositors Continue to Riot Against Financial Institutions

[May 15, 2023 12:30 PM] Amid Lebanon’s financial crisis, significant demonstrations have erupted in Beirut targeting financial institutions. Outraged Lebanese depositors, witnessing their savings vanish, have resorted to smashing bank windows, setting fires, and…

How to build an emergency fund using budgeting apps

[May 13, 2023 5:07 AM] Track your expenses and savings goals using budgeting apps to build your emergency fund.

Almost 50 Russian Banks Accept Yuan Deposits Amid Low Demand for Dollar Accounts

[Apr 29, 2023 2:00 AM] A growing number of banking institutions in Russia are offering customers the option to save in Chinese yuan. The trend coincides with declining demand for U.S. dollar and euro deposits amid currency restrictions that triggered a flight of funds to…

How to set and achieve your financial goals

[Mar 2, 2023 8:07 AM] Set achievable financial objectives and use effective strategies to track progress and achieve success.

Analyst Warns of Banks’ Authority to Confiscate Funds, Decline of US Dollar Purchasing Power

[Feb 9, 2023 2:30 PM] According to Lynette Zang, chief market analyst at ITM Trading, U.S. banks have the legal authority to confiscate people’s funds due to legislation passed by Congress. In a recent interview, Zang discussed how the purchasing power of the U.S…

Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve’s Efforts to Bring it Down

[Jan 23, 2023 11:00 AM] As investors examine the next move of the Federal Reserve, analysts, economists and market participants are also closely monitoring inflation levels. In Dec. 2022, the annual inflation rate dropped to 6.5%, and many experts predict it will decrease…

Renault Launches Its Industrial Metaverse, Aims to Save $330 Million by 2025

[Nov 15, 2022 6:30 AM] Renault, one of the biggest automakers in the world, has announced it has built the first industrial metaverse, with all its production lines supplying data to this world. According to the company, this digital twin replica will allow it to save…