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The Lebanese pound dropped to a new low on Sunday against the greenback trading in the low 1,500s range to the U.S. dollar. Lebanon’s currency has been in a downward spiral since 2019, as the pound has lost 90% of its value since then. Reports note that Lebanese citizens are facing shortfalls on basic goods … Read more
In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. Maduro has also shut down the national banking system and regional authorities banned gasoline … Read more
As the Bitcoin ATM revolution continues to change markets, industries, and the masses’ relationship with digital currency, one company has established itself as a vital component to cryptocurrency adoption; that company is Bitcoin Depot. Cash is no longer king, as crypto-ATMs are looking to convert physical fiat into decentralized cryptocurrency, money that puts the power … Read more
