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China and Nigeria

Trump’s Dedollarization Warning Stumbles as China and Nigeria Renew $2 Billion Currency Swap

China and Nigeria renew their $2 billion currency swap for three years amid Trump’s dedollarization warnings. Learn what this means for trade and currency stability. China and Nigeria Renew $2 Billion Currency Swap Deal China and Nigeria have renewed their $2 billion currency swap arrangement for another three years, aiming to strengthen financial ties and…

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Person holding the Nigerian flag with text overlay: "IMF Backs Nigeria's Crypto Adoption Amid SEC Crackdown"

IMF Backs Nigeria’s Crypto Adoption Amid SEC Crackdown

The International Monetary Fund (IMF) has thrown its weight behind Nigeria’s adoption of cryptocurrencies, recommending the licensing of global cryptocurrency exchanges. This move aims to address Nigeria's macroeconomic challenges, including currency instability and inflation, while bolstering its position in Africa's burgeoning crypto market​. Nigeria has faced significant economic hurdles, with a notable issue being the discrepancies…

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List of States Developing National Cryptos Continues to Grow

This year continues to see revolutionary changes to the global financial landscape, as cryptocurrency adoption and value skyrockets. There are now an estimated six million active crypto wallets, and many thousands of businesses, large and small, are embracing digital assets. Across the globe government leaders, and central banks, are coming to the realization that cryptocurrency…

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