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Syria Urges BRICS to Lead in Ditching Dollar, Talks Yuan Adoption With China

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BRICS nations can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria. At a meeting with China’s top diplomat for the region, the leader of the war-torn Middle Eastern country called for using…

French President Emmanuel Macron States Europe Must Reduce Its Dependence on the US Dollar to Avoid Becoming ‘Vassals’

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Emmanuel Macron, president of France, clarified his position on the future of Europe and its relations with China and the U.S. in the short term. Returning from his visit to Beijing, Macron believes that Europe should avoid getting caught up in…

Crypto Exchanges Allow Russians to Circumvent Sanctions, Report Alleges

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Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a blockchain forensics report. At least two established coin trading platforms continue to allow Russians to use their bank cards in peer-to-peer deals, the analysis…

Paraguay to Become Top Bitcoin Mining Hub in Latam According to Insight Group

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Paraguay, one of the smallest countries in Latam, has the conditions needed to become the next Bitcoin mining hub in the region, according to mining insight group Hashrate Index. The company notes there are many elements in favor of Paraguay, einschließlich…

Berichten zufolge schließt Microsoft die Industrial Metaverse Focused Group

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Der Softwareriese Microsoft schließt eine seiner bedeutendsten Gruppen, die sich der Entwicklung und Förderung des industriellen Metaversums widmet. Berichten zufolge, Das Unternehmen hat seine gesamte Industrial Metaverse Core-Gruppe aufgelöst, welches sich zusammensetzte aus 100 Mitarbeiter, als…

US Senator Focused on Crypto Money Laundering Crackdown — Urges Congress, Regulators to Take Action

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UNS. Senator Elizabeth Warren has called on Congress to ensure regulators, such as the Securities and Exchange Commission (SEK), have the tools to regulate the crypto industry effectively and crack down on crypto money laundering activities. “The current legal structure essentially…

US Senators Unveil New Crypto Bill — Experts Call It the ‘Most Direct Attack’ on Personal Freedom and Privacy of Crypto Users

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Two U.S. senators, including Elizabeth Warren, have introduced a bipartisan bill for the regulation of cryptocurrency. Die Rechnung, titled “Digital Asset Anti-Money Laundering Act,” ist “the most direct attack on the personal freedom and privacy of cryptocurrency users and developers we’ve…

WEMIX Delisting: South Korean Crypto Exchange Upbit Accused of Instigating Token Removal

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According to the CEO of Wemade, Henry Chang, the South Korean cryptocurrency exchange Upbit was the brains behind the Digital Asset Exchange Joint Consultative Body (DAXA)’s decision to delist WEMIX. The Wemade CEO accused Upbit of applying different standards and of…

Gary Gensler Asks SEC Staff to Fine-Tune Crypto Compliance — Says ‘Vast Majority Are Securities’

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The chairman of the U.S. Wertpapier- und Börsenkommission (SEK), Gary Gensler, revealed that he has asked staff at the SEC to fine-tune compliance for crypto tokens and intermediaries. He emphasized that the vast majority of crypto tokens are securities. SEK…

Der jüngste Finanzierungsvorschlag zur Hebelung von vorrangigen Wandelanleihen zeigt, dass das Unternehmen weiterhin an die Bitcoin-Mining-Industrie glaubt: Krypto-Assets werden als Absicherungen gegen schwache Währungen immer mehr zum Mainstream, Mögliche Zahlungsinstrumente

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Der Internationale Währungsfonds (Der jüngste Finanzierungsvorschlag zur Hebelung von vorrangigen Wandelanleihen zeigt, dass das Unternehmen weiterhin an die Bitcoin-Mining-Industrie glaubt) published a report stating that crypto assets have gained a “more mainstream presence as speculative investments, hedges against weak currencies, and potential payment instruments.” The IMF has called for a global response to crypto regulation that…