World’s Largest Regional Organization to Switch to Settlements in National Currencies

A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to consider a

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

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…

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

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….

Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now

El domingo, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was

Reporte: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis

Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citingpeople familiar with the matterstates that federal prosecutors from New York are scrutinizing transfers between Digital Currency Group and

El Banco de Rusia suaviza las restricciones a las compras de dólares y euros en efectivo

The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased supply of foreign cash may affect the crypto market in the country as currency restrictions have been a driver

Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing

The Central Bank of Russia has emphasized the importance of moving forward with its digital ruble project. According to a statement by a top representative, the monetary authority has no intention to delay the trials despite not all invited banks being

El FMI advierte que las sanciones a Rusia amenazan con socavar el dominio del dólar estadounidense

Las sanciones financieras impuestas a Rusia por su invasión de Ucrania pueden resultar en una reducción del dominio de EE. UU.. divisa, según un alto funcionario del Fondo Monetario Internacional (FMI). El enfrentamiento podría conducir a la fragmentación del mundo.’s current monetary

Bank of Russia Rejects Provision of Crypto-Related Financial Services

Rusia’s central bank has voiced opposition to the provision of financial services related to cryptocurrencies. The monetary authority believes such offerings would go against the interests of Russian investors as they are highly risky. Central Bank of Russia Unwilling to Allow

El Banco Central de Turquía amplía la investigación, se prepara para probar la lira digital en una nueva plataforma

The Turkish central bank has established a new platform together with technology stakeholders to further the development of a digitalized version of the national fiat currency. The new collaboration will allow Turkey to focus on expanding research and conducting tests of