David Abel

David Abel is an economist, a finance expert, a crypto enthusiast, and an experienced writer. He sees blockchain and cryptocurrency as a sector with a lot of promise.

Article by David Abel

Nigeria rolls out eNaira digital currency to cultivate economic growth
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30 October, 2021

Nigeria rolls out eNaira digital currency to cultivate economic growth

Plans for the digital currency have been ongoing in the last four years and according to CBN Governor Godwin Emefiele,...
China urges US companies to accept digital yuan
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27 October, 2021

China urges US companies to accept digital yuan

The digital yuan pilot started in Shanghai with 270 McDonald's branches accepting central bank digital currency as payment, although reports...
Russia’s Putin insists ‘too early’ to use digital currency for oil trading
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24 October, 2021

Russia’s Putin insists ‘too early’ to use digital currency for oil trading

The Russian government hasn't placed a total ban on digital currency in the country, but they have yet to accept...
South Korea’s digital currency tax battle may reach presidential election
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24 October, 2021

South Korea’s digital currency tax battle may reach presidential election

There have been some oppositions surrounding the new income tax law, with investors accusing the government of insufficient protective measures...
Zimbabwe finance minister sees potential for lower ‘diaspora remittances’ via blockchain
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17 October, 2021

Zimbabwe finance minister sees potential for lower ‘diaspora remittances’ via blockchain

In his recent tweet about the DMCC Crypto Centre in Dubai, Zimbabwe Finance Minister Mthuli Ncube commended the potential of...
Russia: Digital currency payments still banned, but trading allowed
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16 October, 2021

Russia: Digital currency payments still banned, but trading allowed

According to Russia's deputy finance minister, citizens can still buy and trade BTC, unlike in China, but the ban on...