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

FTX Boss Ryan Salame’s Maryland Home Searched by FBI in Unexplained Raid

According to unnamed sources, the home of Ryan Salame, the former co-chief executive of FTX Digital Markets, was searched by the U.S. Federal Bureau of Investigation (FBI) neljapäeval. The grounds for the raid remain unknown, and neither Salame nor his

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

Ethereum Price to Peak at $2,758 Sellel aastal, Then Fall to $2,342 by 2023’s End, Finder Experts Say

A recent survey made public by the online comparison platform Finder.com has revealed the predictions of 32 professionals in the fields of fintech and cryptocurrency. The specialists have expressed their conviction that ethereum, the second largest digital asset by market capitalization,…

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

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

Tabamatu Satoshi Nakamoto: Viimased meilid paljastavad Bitcoini looja mõtteid enne üle kümne aasta tagust kadumist

Kaksteist aastat tagasi, just sellel aprillikuu päeval 23, 2011, salapärane isik, tuntud ainult kui Satoshi Nakamoto, kirjutas ühe viimase kirjavahetuse tarkvaraarendaja Mike Hearnile. Bitcoini taga olev tabamatu peamõistja edastas sõnumis, et ta,…

China Warns of Global Financial Instability From US Economic Policies

China has urged the U.S. and other developed nations to assess the spillover effects of their economic and financial policies. “The economic and financial policies of the U.S. pose the biggest challenge to global financial stability,” according to the Chinese Ministry

Aruanne: Korean Central Bank to Gain Right to Probe Virtual Asset Entities After Financial Regulator Drops Opposition

The South Korean central bank is set to be granted the right to investigate virtual assets after the Financial Services Commission (FSC) dropped its opposition to the move. Vastavalt aruandele, the FSC dropped its opposition to the central bank’s

BRICS De-Dollarization Push, Hiina, and Crypto Threaten US Dollar’s Dominance: Analyst

Fitch Solutionsglobal head of country risk has named the rising adoption of cryptocurrencies, the de-dollarization efforts by the BRICS countries, and China’s risingeconomic mightas key factors that erode the U.S. dollar’s dominance over time. He cautioned that China

Economist and Political Scientist Refute Claims of US Dollar’s Demise Despite Trend of De-Dollarization News

Sellel aastal, there has been a flurry of news reports and opinion editorials discussing an alleged de-dollarization trend amid a wave of disclosures associated with the BRICS bloc. In a recent article, the American political scientist and author Ian Bremmer insisted