Search Results for: global reserve currency

Perspectivas de América Latina: Bolivia vende oro por dólares, Argentina prohíbe las criptomonedas fintech, Fitch mejora calificación crediticia de El Salvador

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Bienvenido a Latam Insights, un compendio de las noticias criptográficas y de desarrollo económico más relevantes de América Latina durante la última semana. En este asunto, Bolivia aprueba una ley para vender oro a dólares, the Central Bank of Argentina bans fintech…

Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet

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Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dólar. Srinivasan paid a total of $1.5 millón, more than the initially…

Satoshi’s Last Emails: ‘Make It About the Open-Source Project,’ Economist Predicts ‘Catastrophic’ Fall in US Living Standard, FRC Shares Plummet, y más: resumen de la semana

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Another week has passed in the world of crypto and finance, with the anniversary of Bitcoin creator Satoshi Nakamoto’s last known emails, predictions of massive declines in Americans’ standard of living, and important developments at the struggling First Republic Bank. All…

BRICS Currency Will Erode US Dollar’s Dominance, Former White House Economist Warns

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Former White House economist Joseph Sullivan has warned that a BRICS currency would erode the U.S. dollar’s dominance. If member nations use only a common BRICS currency for international trade, “they would remove an impediment that now thwarts their efforts to…

Jeffrey Tucker Says Dollar Will Be Dethroned, Russian Official Speaks on De-Dollarization, and a Look at Historic Fractional Reserve Banking in Italy — Week in Review

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Bitcoin proponents eyeing fiat failures are in no shortage of news on the topic as of late, as multiple officials, economists, authors, and analysts from around the world have been weighing in on “desdolarización” in a prolific fashion. Author and libertarian…

Lagarde, presidenta del BCE, advierte sobre un “gran desastre” si Estados Unidos incumple sus obligaciones de deuda

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Últimamente se habla mucho sobre Estados Unidos.. El techo de deuda del gobierno y si el Congreso actuará antes de incumplir el default.. En una entrevista reciente, Cristina Lagarde, el presidente del banco central europeo (BCE), dijo que confía en que EE.UU.. poder…

Economista y politólogo refutan las afirmaciones sobre la desaparición del dólar estadounidense a pesar de la tendencia a la desdolarización

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Este año, Ha habido una avalancha de noticias y editoriales de opinión que discuten una supuesta tendencia a la desdolarización en medio de una ola de revelaciones asociadas con el bloque BRICS.. En un artículo reciente, el politólogo y autor estadounidense Ian Bremmer insistió…

With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021

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Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 mil millones, marking the lowest number of BUSD in circulation since April 2021. Es más, data indicates…

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 (CBDC). “As a priority of this year, the G7 will consider how best to help developing countries introduce CBDC consistent with appropriate…