Brazilian President Lula to Act as BRICS Liaison to Help Argentina, Discusses Credit Line in Brazilian Reals

Brazilian President Luiz Inacio Lula da Silva stated Brazil will serve as a facilitator to try and arrange BRICS bloc assistance for Argentina. Lula stated that the New Development Bank — the BRICS bank — could modify some of its rules

Russian Foreign Minister Sergey Lavrov States De-Dollarization ‘Can No Longer Be Stopped’

Russian Foreign Minister Sergey Lavrov has spoken on the current shift to national currencies and the de-dollarization international markets are currently experiencing. In a press conference after addressing the UN Security Council on April 25, Lavrov stated this shift could not

India Seeks Common Crypto Framework for All Countries to Deal With ‘Many Collapses and Shocks in Cryptocurrencies’

India’s finance minister, Nirmala Sitharaman, said during her official visit to the U.S. that crypto regulation is a very important part of the discussion by the G20 countries givenso many collapses and shocks in cryptocurrencies.She stressed: “We seek to

Latam Insights — Alliance Against Inflation, BTG Pactual Launches Stablecoin, and Argentina Debuts New Dollar

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: Latin American nations ink an agreement to reduce inflation, Brazil-based BTG Pactual launches its own dollar-pegged

G20 Finance Chiefs Widely Recognize Crypto Poses Major Financial Stability Risks, Says Indian Central Bank Governor

The G20 finance ministers and central bank governors recognize that cryptocurrencies pose major risks to financial stability, monetary systems, and cyber security, India’s central bank governor reportedly said. Crypto regulation was among the key topics discussed during the G20 meeting over

El FMI pide "más" regulación criptográfica: dice que la prohibición debería ser una opción

Fondo Monetario Internacional (FMI) La directora general Kristalina Georgieva dice que las criptomonedas son necesarias “más regulación.” Ella añadió, “No deberíamos retirar de la mesa la prohibición de esos activos.,” si la regulación falla o su implementación es demasiado lenta. FMI’El jefe de s pide una mayor regulación de las criptomonedas…

Informe del FMI sobre la adopción de Bitcoin en El Salvador: Riesgos Evitados, pero se necesita transparencia

Según una reciente declaración de misión publicada por el Fondo Monetario Internacional (FMI), El Salvador ha adoptado bitcoin como moneda de curso legal y ha evitado riesgos hasta ahora. The IMF states that the risks have not materialized due to the limited use

While Official Figures Claim Turkey’s Inflation Rate Is 85%, Third-Party Stats Say It’s Closer to 200%

Inflation has skyrocketed in Turkey as official figures from the Turkish Statistical Institute (Tüik) show the country’s inflation rate topped 85.5% año con año. The inflation rate in Turkey has risen for 17 consecutive months and last month it reached a 24-year high….

EU Commissioner Urges US to Create New Crypto Rules — Says ‘We Need to Look at Global Regulation of Crypto’

The European Commission’s commissioner for financial services has reportedly urged U.S. lawmakers to establish new rules to regulate the crypto industry. “We do need to see other players also legislating … We need to look at global regulation of crypto,” dijo…

Russia Shuts Off EU Gas, Vitalik Discusses Bitcoin Security, and More — Bitcoin.com News Week in Review

Macro markets and geopolitics dominated the news this week, with Russia cutting off Europes gas supply, hedge funds betting against Italian debt, and the International Monetary Funds bailout for Zambia helping the kwacha overtake the ruble as the worlds best-performing currency….