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Showing posts from January, 2022
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  READ ALSO: CBN to introduce digital currency before year-end According to Margarites, “We are not just about forex trade. Besides other financial instruments, we are concerned about the partners’ welfare, traders’ knowledge and job creation. “This is why our interaction today is also about training, education and empowerment.” On his part, Adetayo Kennedy, Marketing Manager, Sub-Sahara Africa, said Exness saw a gap and stepped in to fill it. His words: “Since our partners are closer to the people, we are concerned about them and go the extra mile for them because the market is an interesting, but fragile, place. “Again, besides being liquidity provider and a broker, we do currency pairs, metals, cryptocurrencies, energies, indices, and stocks. “Above all, we do all these with the highest level of transparency. This sets us apart from others in the sector.” Meanwhile, the partners that won at the event were John Greatman Noah, Great McAnthony and Henry Peter...

El Salvador explores low-interest loans backed by Bitcoin

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  El Salvador explores low-interest loans backed by Bitcoin The Salvadoran government is looking to create a Bitcoin-backed loan product for micro and small businesses across the country. 1000 Total views 16 Total shares Listen to article 2:32 News It’s full steam ahead for El Salvador’s Bitcoinization. The next point on the orange agenda is in providing low-interest loans backed by Bitcoin ( BTC ) to small and micro-businesses. While the details of the BTC loans are currently not disclosed, Mónica Taher, an advisor for the government of El Salvador, was straight-talking in a Facebook Live Audio held yesterday. The discussion was called “Bitcoin loans with lower interest rates.” Paul Steiner the President of CONAMYPE (the national institute for small and micro-businesses) shared that the implementation of loans would work with the government-created El Chivo wallet. El Salvador's business landscape is dominated by small and micro-businesses and Bitcoin-backe...

Google Pay hires PayPal exec to head up crypto payments push

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   Google Pay hires PayPal exec to head up crypto payments push The tech giant has hired a PayPal veteran to help with the expansion of Google Pay as it sets its sights on the future, including plans to explore crypto. 3930 Total views 118 Total shares Listen to article 2:43 News Google has hired a former PayPal executive to help bolster Google Pay, with plans to expand into the crypto space. Arnold Goldberg has been given the task of running Google’s payments division as part of a company-wide push into financial services, including crypto. Google’s president of commerce Bill Ready told Bloomberg that: “Crypto is something we pay a lot of attention to [...] As user demand and merchant demand evolves, we’ll evolve with it.” Google Pay is an online payment system developed by Google to allow in-app, online and contactless purchases on mobile devices including Android phones, tablets and watches. As part of the overhaul, Google will focus more on being a “comp...