Money Training Club

Mexico’s central bank (Banco de México) announced it “will have a digital currency of its own in circulation” by 2024. Thus, the Latin American country put its name next to other nations such as China and Indonesia, which also unveiled plans to launch their CDBCs soon. Digital Peso by 2024 In a recent tweet, the government of Mexico revealed that Banco de México (the Central Bank of Mexico) will implement a CBDC in the country’s financial system by 2024. The authorities outlined the importance of such a move, saying it could be of “great value to advance financial inclusion” in the nation. During an interview for a convention hosted by S&P Dow Jones Indices, Jonathan Heath – Deputy Governor of Banco de México – confirmed the news, stating: “We are working on a project, ...

Bitcoin is a technology that changed the lives of elderly people in El Salvador, a poor country in Latin America that had its life changed in 2021. In recent months, one of the main events that marked the Bitcoin community was the adoption of the currency by El Salvador, which turned legal tender into an unimaginable movement. After a bill was introduced by President Nayib Bukele, rushed through Congress, on September 7, Bitcoin became a currency in the eyes of a state for the first time in its history, about to turn 13 years old. Before that, of course, a movement on El Zonte beach called Bitcoin Beach already recognized this currency as a common means of payment, whether for goods or services. El Salvador's Adoption of Bitcoin Gives Seniors Reason to Smile A world without many perspec...

The Securities and Exchange Commission has hired Corey Frayer to advise Chairman Gary Gensler on regulations of cryptocurrencies. Frayer’s previous experience includes operating as a professional staff member of the Senate Banking Committee and policy adviser for the House Financial Services Committee. The US watchdog has a complicated history with the cryptocurrency space. The appointment of Gary Gensler as Chairman earlier this year was considered by many as a positive step for the industry since he was “intrigued” by crypto and taught blockchain classes at MIT. Under his command, the Commission finally greenlighted two Bitcoin ETFs earlier this year, even though they are backed by futures contracts, not spot BTC. Gensler believes futures-backed Bitcoin ETFs could pro...

At the end of last week, suddenly a new organization quickly became popular with the crypto community: OpenDAO. And the reason lies in the airdrop of a token called SOS. But what happened? And why is it a topic that everyone talks about? We tell you! SOS, a surprise Airdrop On Christmas Eve, what, at the time, some might consider as magic happened, because, before that day, the crypto community had no idea that something like this would happen. And is that anyone who had spent money on OpenSea had the right to claim a token for free called SOS. A fundamental aspect is that the amount of SOS that a person could claim would be directly related to the amount of money that they had spent before December 23 on OpenSea. To claim the token, people only h...

DeFi Kingdoms is not just a cryptogame, but also a DEX, a liquid pool it is a rare NFTs market. The game, which is free, is expanding the definition of NFTs, offering its version of tokens, called Heroes. In contrast to the classic “Static NFT”, game heroes gain experience through these adventures and can be equipped with gear to increase their effectiveness. In addition, it brought the blockchain da Harmony (ONE) for the world of cryptogames, a sector until then very associated with the network of Ethereum and Binance Smart Chain (BSC). OverviewWhat is it? DeFi Kingdoms it's a game play-to-earn or Play to Win which is expanding GameFi gameplay concepts, integrating decentralized finance (DeFi) resources into the game environment and using NFTs in a dynamic way, still uncommon among blo...

The Lagos State Government has directed all public and private primary and secondary schools in the state to resume for the second term in the 2021/2022 academic session on Tuesday, January 4, 2022. It, however, stated that all boarding students across the state are expected to resume on Monday, January 3, 2022, in preparation for the academic activities. This disclosure is contained in a statement issued by the Director-General of the Office of Education Quality Assurance, Mrs Abiola Seriki-Ayeni, on Friday, December 31, 2021, where she said that all learners are expected back in school as academic activities will start same day. What the Director-General, Office of Education Quality Assurance is saying Seriki-Ayeni wished the students and teachers a happy resumption and appe...