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10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies

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The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of local currencies for economic and financial transactions.” The group comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippinen, Singapur,…

China Ready to Talk Asian Monetary Fund to Cut Dollar Dependence, Malaysia Says

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An idea to establish an Asian Monetary Fund has caught the attention of the Chinese leadership, the head of the Malaysian government revealed. The prime minister believes there is no reason for his country, which is hurting from a strong U.S….

India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar

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The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments…

BRICS Nations Working on Creating New Currency to Be Discussed at Next Leaders Summit: Prüfbericht

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The BRICS nations are reportedly working on developing a new form of currency, which is expected to be discussed at the next BRICS leaders’ summit, according to a top Russian official. “The transition to settlements in national currencies is the first…

Yellen Says US Could Back All Deposits at Smaller Banks if Needed to Prevent Contagion

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UNS. Treasury Secretary Janet Yellen says the federal government could guarantee all deposits of smaller banks if they “suffer deposit runs that pose the risk of contagion.” The government recently protected all deposits of Silicon Valley Bank and Signature Bank after…

Die russische Kryptoindustrie befragt die Regierung zur geplanten strafrechtlichen Verantwortlichkeit für Bergleute

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Die Organisation, die den russischen Kryptosektor vertritt, hat die Regierung in Moskau gebeten, einen Vorschlag zur Einführung einer strafrechtlichen Haftung für „graue“ Bergleute zu klären. Der Gesetzesentwurf zielt darauf ab, diejenigen zu bestrafen, die ihr Einkommen nicht dem Staat melden und teilen…

Pakistan Banks to Use Blockchain Technology for KYC

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Banks in Pakistan plan to launch an electronic platform for know-your-customer procedures that will be operating on a national level. The blockchain-based system will allow them to exchange the personal information of customers through what they describe as a decentralized and…

60 Organizations Launch Campaign Urging US Congress to Protect Privacy

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Am Mittwoch, 60 organizations involved in cryptocurrencies, open-source and free software, and human rights and privacy-preserving projects launched a new campaign calling on the 118th U.S. Congress to protect privacy. The groups, including Fight for the Future, Electric Coin Co., und…

Krypto-Verband in der Türkei verspricht, Börsen zu blockieren, die „Händlern zum Opfer fallen“

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In der Türkei wurde eine neue Organisation gegründet, deren Ziel es ist, den Kryptosektor des Landes zu überwachen und bei der Entwicklung zu helfen, Lokale Medien berichteten. Seine erste Aufgabe wird darin bestehen, die jüngsten Probleme mit einigen Kryptowährungsbörsen anzugehen und das Vertrauen in diese zu stärken…

Space Odyssey Loyalty Program by BitSpinCasino Dishes Out up to 15% Weekly Cashback & 300 Free Spins

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Get rewarded for reaching new levels in the loyalty program by playing games and earning loyalty points. Casino loyalty programs have evolved through the changing paradigm of the casino industry. Digitalization has provided the arena of chance-based gaming the mobility to…