10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies

The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed toencourage the use of local currencies for economic and financial transactions.The group comprises Brunei, Cambodia, Indonesia, Laos, マレーシア, Myanmar, フィリピン, シンガポール,…

BRICS De-Dollarization Push, 中国, 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

India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar

The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments

フィリピン当局、「仮想通貨密売組織」の被害者とされる人々を救出

Philippine authorities say that they have rescued alleged victims of acrypto trafficking ringwho were recruited to work in a call center in Cambodia and scam people out of their cryptocurrencies. The authorities are also investigating government employees who may