An Insightful Analysis of the Real Use of the US Dollar in Sanctioned Economies I want to discuss topics often overlooked, focusing on countries under heavy sanctions, such as Venezuela, North Korea, Iran, Syria, Lebanon, and Afghanistan, among others, including…
Unveiling the Impact of Currency Exchange Discrepancies Emerging economies often grapple with the challenges of currency exchange, especially in nations that impose restrictions on capital outflows and predominantly experience net inflows due to a current account deficit. This phenomenon is…
Navigating the Waters of Offshore Online Gaming: A Global Overview The landscape of online gaming and sports betting is as vast and varied as the internet itself, encompassing a world of entertainment, risk, and regulation. At the heart of this…
I’ve spent over a decade and a half navigating the ebbs and flows of cross-border payments, witnessing firsthand the evolution from traditional banking to the digital currency revolution. Recently, there’s been an undeniable shift towards stablecoins, and I’m here to…
In the realm of financial literacy and FinTech innovations, it’s not uncommon to stumble upon content that ranges from the mundane to the truly insightful. Amidst my recent deep dive into the world of financial blogs—spanning financial institutions, FinTech startups,…
Unveiling the Top Ten Obstacles in Embracing Cryptocurrency for Global Remittances In the evolving landscape of global finance, money transfer operators (MTOs) are increasingly looking towards cryptocurrencies, especially stablecoins, as a means to revolutionize their services. However, the adoption of…
A Candid Take on Mercury Debit Card’s Country Restrictions On February 9th, I landed in my inbox an update from Mercury that basically said, “Hey, your Mercury debit card comes with a ‘no-go’ list for certain countries.” This isn’t new;…
A Strategic Shift to Boost Nigeria’s Economy In a significant push to stabilize the Nigerian economy and secure its financial future, the Central Bank of Nigeria (CBN) has embarked on a comprehensive overhaul of the country’s foreign exchange policies. This…
A New Approach to Niche Expertise In the realm of social media, the term “influencer” has become synonymous with fame, fortune, and the pursuit of mass appeal. However, there’s a growing trend among professionals and content creators to shift away…
Why Credit Cards Command Higher Rates Than Debit Cards and the Strategic Choices for Fintech Companies Interchange fees are fees paid between banks for the acceptance of card-based transactions. Typically, interchange fees earned from credit cards are higher than those…