international monetary fund

El Salvador’s First Official Bitcoin Commercial for Chivo Wallet Airs

The first advertisement for the bitcoin wallet of El Salvador, Chivo Wallet, has been released. The ad is effectively the first government ad of this sort.Sponsored Sponsored Released on August 31, the ad is a quick explainer of bitcoin, the Chivo wallet, and the cryptocurrency’s benefits. The wallet is set to be available from September 7. https://s32659.pcdn.co/wp-content/uploads/2021/09/Chivo.mp4Chivo Wallet ad: El Salvador President Nayib Bukele’s Twitter handle El Salvador’s President Nayib Bukele announced the wallet’s release date last week, confirming that the use of bitcoin would not be mandatory. This appeased

Fear, Greed and the Evolution of Money in the Age of the Coronavirus Pandemic

The COVID-19 pandemic is not going to end soon. Fear and anxiety have skyrocketed, and nearly half of the people in the United States feel the coronavirus has harmed their mental health. People are scared, anxious, depressed, on edge and struggling to sleep through the night.We watched as China took extreme measures to improve the coronavirus crisis there. We watched as Italy locked down the country and people scurried to other parts of Europe. We then watched as California Governor Gavin Newsom took early measures for the U.S. and locked

Celsius Lists Libra Challenger for 9.9% Potential Interest

Crypto lending platform Celsius Network has listed startup Saga’s SGA stabilized asset, unlocking the potential for token holders to earn interest.  “Saga has partnered with leading cryptocurrency interest income platform, Celsius Network,” Saga founder Ido Sadeh Man told Cointelegraph.The collaboration and listing means “users can both preserve their assets’ value with SGA’s proven stabilization mechanism (the IMF's SDR, a basket of currencies designed to offset currency fluctuations), as well as earn attractive interest through the Celsius network,” Man explained. Saga does not call itself a "stablecoin"Although Saga touts SGA as a stable