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Zimbabwe Halts Mobile Transactions as Hyperinflation Spurs Currency Flight

Zimbabwe's central bank, seeking to block attempts to avoid the country’s hyperinflation, halted all transactions conducted by "mobile money agents" this week......»»

Category: forexSource: coindeskJun 30th, 2020

Zimbabwe Shutters Stock Exchange, Blocks All Mobile Money Payments As Currency Collapses (Again)

Zimbabwe Shutters Stock Exchange, Blocks All Mobile Money Payments As Currency Collapses (Again).....»»

Category: blogSource: zerohedgeJun 29th, 2020

Fish for flour? Barter is Venezuela"s new currency

In the face of hyperinflation and a dearth of cash, Venezuelans are increasingly turning to bartering for basic transactions. As Ivor Bennett reports, barter clubs are also springing up in Argentina as a shrinking economy takes hold......»»

Category: videoSource: reutersJul 4th, 2018

Why Zimbabwe Is Fed Up With Using the U.S. Dollar: QuickTake

A decade after Zimbabwe scrapped its own currency to end hyperinflation and began using mainly the U.S. dollar, the economy is back in free fall. Fuel, medicines and other basics are hard to come by and less than 10 percent of the workforce is .....»»

Category: topSource: washpostFeb 19th, 2019

Why Zimbabwe Is Fed Up With Using the U.S. Dollar

A decade after Zimbabwe scrapped its own currency to tackle hyperinflation and began using instead mainly the U.S. dollar, the economy is back in free fall. Fuel and banknotes are hard to come by, less than 10 percent of the workforce is formally.....»»

Category: topSource: washpostFeb 22nd, 2019

Bitcoin News Roundup for June 30, 2020

As Zimbabwe embarks on its fifth bout of hyperinflation in modern history, CoinDesk's Markets Daily is back with another bitcoin news roundup......»»

Category: forexSource: coindeskJun 30th, 2020

T-Mobile commences stock transactions in connection with SoftBank monetization

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 22nd, 2020

SoftBank eyes transactions with T-Mobile shares, Bloomberg reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 15th, 2020

Bootstrapping Mobile Mesh Networks With Bitcoin Lightning

Richard Myers says the future of ad-hoc mesh networks for SMS messages and bitcoin transactions on your smartphone is here, but it needs the Lightning Network to succeed......»»

Category: forexSource: coindeskJun 14th, 2020

Bootstrapping Mobile Mesh Networks with Bitcoin Lightning

Richard Myers says the future of ad-hoc mesh networks for SMS messages and Bitcoin transactions on your smart phone is here, but it needs the Lightning network to succeed......»»

Category: forexSource: coindeskJun 14th, 2020

IRS Solicits Contractors to Help Examine Crypto Traders’ Tax Returns

The IRS is emailing crypto startups with an offer to "assist our Revenue Agents in calculating taxpayers' gains or losses as a result of their transactions involving virtual currency.".....»»

Category: forexSource: coindeskMay 13th, 2020

Hyperinflation and Zimbabwe’s Multi-Currency Reality: Bitcoin in Africa Podcast, Part 2

After three weeks of listening, recording and talking bitcoin (BTC) in Africa, podcaster Anita Posch is back in part 2 of her six-part documentary podcast series. Presented in audio and full written transcript formats......»»

Category: forexSource: coindeskMar 26th, 2020

Down 26%: Bitcoin Sees Worst Sell-Off in 7 Years as Coronavirus Spurs Flight to Safety

Bitcoin suffered its biggest drop in seven years, as fears over the spreading coronavirus triggered a new wave of selling in everything from stocks and junk bonds to cryptocurrencies......»»

Category: forexSource: coindeskMar 12th, 2020

Regulated Fintech Firm Monerium to Issue E-Money on Algorand Blockchain

Monerium, which has a European Economic Area e-money license, will bring fiat currency transactions onto Algorand's protocol......»»

Category: forexSource: coindeskJan 21st, 2020

Ransomware outage hits foreign currency transactions at banks

The New Year’s Eve ransomware attack on foreign-currency exchange company Travelex has disrupted cash deliveries from its global network of vaults to major international banks......»»

Category: topSource: moneycentralJan 9th, 2020

Taiwan sets high goal for mobile payment

The Taiwan government has been promoting mobile payment since early 2018, aiming to have it penetrate 90% of all retail transactions in 2025, according to Ministry of Economic Affairs (MOEA)......»»

Category: topSource: digitimesDec 3rd, 2019

Vodafone extends tech partnership with Ryanair

Vodafone has secured a seven-year technology partnership with Ryanair to handle services including online booking, passenger boarding and in-flight transactions for the Irish airline in Europe......»»

Category: topSource: reutersNov 19th, 2019

PIA app allows travelers to book flights using mobile devices

Pakistan International Airlines (PIA) offers an app that will allow travelers to book a flight and confirm seats using their mobile devices. The PIA app... The post PIA app allows travelers to book flights using mobile devices appeared first on ValueWalk......»»

Category: blogSource: valuewalkNov 6th, 2019

Rosneft switches contracts to euros from dollars due to U.S. sanctions

Russia's largest oil company Rosneft has fully switched the currency of its contracts to euros from U.S. dollars in a move to shield its transactions from U.S. sanctions, its Chief Executive Igor Sechin said on Thursday......»»

Category: topSource: reutersOct 24th, 2019

Rosneft says switched contracts to euros from dollars amid U.S. sanctions

Russia's largest oil company Rosneft has fully switched the currency of its contracts to euros from U.S. dollars in a move to shield its transactions from U.S. sanctions, its chief executive Igor Sechin said on Thursday......»»

Category: topSource: reutersOct 24th, 2019

Can mobile gaming subscriptions break the freemium stranglehold?

Free-to-play games that monetize through advertising or in-game transactions dominate the market and have been extremely lucrative to game publishers......»»

Category: topSource: washpostOct 24th, 2019