Syria Urges BRICS to Lead in Ditching Dollar, Talks Yuan Adoption With China

BRICS nations can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria. At a meeting with China’s top diplomat for the region, the leader of the war-torn Middle Eastern country called for using

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

Russia to Increase Reliance on National Currencies in Energy Trade, Vows to Move Away From the US Dollar

Russia will increase its reliance on national currencies to settle payments for its energy resources, moving away from the US dollar, according to Russian Deputy Prime Minister Alexander Novak. Novak noted there is a great interest in acquiring Russian energy resources,…

Dollar mängib oma relvastamise tõttu väiksemat rolli, Digitaalsed valuutad, Majandusteadlane Jeffrey Sachs ütleb

Järgmise kümnendi jooksul, USA. dollar mängib palju vähem domineerivat rolli kui praegu, Jeffrey Sachsi sõnul. Tunnustatud majandusteadlane loetles mõned tegurid, mis tingisid dollari staatuse vähenemise, näiteks selle kasutamise…

USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement

The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, juures 7:20 p.m. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would

Venemaa Pank reklaamib väliskaubanduses digitaalset rubla, kuna rahandusministeerium nõuab krüptovalikut

Mõni päev pärast seda, kui kaks asutust leppisid kokku piiriüleste krüptomaksete vajaduses, Venemaa rahandusministeerium ja keskpank rõhutavad taas oma erinevaid prioriteete. Kuigi rahandusosakonna eesmärk on lähitulevikus legaliseerida krüptovaluutamaksed…

Venemaa Pank katsetab digitaalseid rublaarveldusi 2023

Venemaa’s rahaasutus kavatseb järgmisel aastal teha esimesed arveldused digitaalse rublaga, teatas selle kuberner sel nädalal. Venemaa seadusandjatega rääkimine, Ametnik rõhutas uue valuuta olulist rolli Venemaa jaoks sanktsioonide tingimustes….

Venemaa Kaubanduskoda soovitab kasutada krüptovaluutasid arveldustes Aafrikaga

Employing crypto in cross-border payments is one of the proposals put forward by the Russian Chamber Of Commerce lobbying for more cooperation with African countries. Amid unprecedented sanctions limiting Russias ability to trade internationally, the head of the board has urged

Central Banks of France, Switzerland and BIS Complete Cross-Border CBDC Trial

Bank of France, the Swiss National Bank (SNB), and the Bank for International Settlements have successfully tested the application of wholesale central bank digital currency in cross-border payments. The project used distributed ledger technology and was realized with help from private

Venemaa kaalub tulevikus dollarireservide osalist asendamist digitaalsete varadega

Kestvate sanktsioonide keskel, Venemaa valitsus on töötanud selle riigi piiramise nimel’sõltuvus USA-st. dollarit. Seda ütleb nüüd välisministeerium’s possible to partially replace the greenback in currency reserves and trade settlements with other