Search Results for: efforts

BRICS De-Dollarisierungsschub, China, und Krypto bedrohen die Dominanz des US-Dollars: Analytiker

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Fitch Solutions’ global head of country risk has named the rising adoption of cryptocurrencies, the de-dollarization efforts by the BRICS countries, and China’s rising “economic might” as key factors that erode the U.S. dollar’s dominance over time. He cautioned that China…

Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency

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According to Brazil’s president Luiz Inácio Lula da Silva, developing countries should abandon the U.S. dollar and strengthen their own national currencies. During a speech at the New Development Bank in Shanghai, Lula expressed his nightly pondering: “Why do all countries…

G7 to Discuss More Crypto Regulation and How to Help Developing Nations Introduce Central Bank Digital Currencies

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The G7 countries are discussing more crypto regulation and ways to help developing nations introduce central bank digital currencies (CBDCs). “As a priority of this year, the G7 will consider how best to help developing countries introduce CBDC consistent with appropriate…

CATO Institute: CBDC the ‘Single Largest Assault to Financial Privacy Since Creation of Bank Secrecy Act’

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A central bank digital currency (CBDC) may turn out to be the “single largest assault to financial privacy since the creation of the Bank Secrecy Act,” a policy analysis document released by CATO Institute has said. To stop the U.S. Federal…

Bericht des US-Finanzministeriums warnt vor der Bedrohung der nationalen Sicherheit durch Defi, Die Autoren kommen zu dem Schluss, dass Fiat-Währungen in der illegalen Finanzierung häufiger eingesetzt werden als Kryptowährungen

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Die USA. Das Finanzministerium hat einen 42-seitigen Bericht veröffentlicht, in dem die Risiken der dezentralen Finanzierung bewertet werden (ein Gesetzesvorschlag, der darauf abzielt, die Generierung und Handhabung von Daten durch die Akteure, die sie nutzen, zu regeln). In dem Bericht heißt es, dass es sich dabei um konkrete nationalstaatliche Gegner handelt, Cyberkriminelle, Ransomware-Angreifer, Diebe, und Betrüger nutzen Defi dazu “ihre illegalen Erlöse transferieren und waschen.” Der Bericht des Finanzministeriums…

South African Professor Accuses US Regulators of Attempting to ‘Assassinate Crypto’

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The United States’ attempts to “assassinate crypto” are illegal and unlikely to succeed because “crypto is global,” Steven Boykey Sidley, a South African professor and author, has argued. According to Sidley, many formerly U.S.-based companies and innovators have fled the country…

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…

SEC Takes Action Against Crypto Trading Platform Beaxy and Its Executives

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Die USA. Wertpapier- und Börsenkommission (SEK) has filed charges against crypto trading platform Beaxy and its executives. zusätzlich, the regulator alleged that the cryptocurrency exchange’s founder raised $8 million in an unregistered crypto token offering and “misappropriated at least $900,000…

Coinbase Tries AI Assistant Chatgpt for Pre-Listing Risk Assessment of Tokens

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Crypto exchange Coinbase has tested Openai’s Chatgpt as a token verification tool comparing it with its standard security procedure. In over half of the cases, the AI platform produced the same results as the manual review, but it also failed to…