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,…

Alchemy Pay: Bridging the Global Economies of Fiat and Cryptocurrencies

On April 20th, The European Parliament approved the first comprehensive crypto regulation EU-wide, the Markets in Crypto-Assets (雲母). In the same day, a separate law, the Transfer of Funds regulation, was passed, requiring crypto operators to confirm the identity of their

SAI․TECH’s SAITIME 2023 Will Unveil Revolutionary Products for Mining and Computing Industry

プレスリリース. SINGAPORESAI.TECH Global Corporation, a clean-tech company specializing in Bitcoin mining, heating, and power industry, hosted its virtual corporate annual conference, SAITIME 2023 on April 20th at 08:30 は. The virtual conference was hosted by founder & 最高経営責任者(CEO)…

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

Crypto Exchange Bitrue Suffers $23 Million Hack

Singapore-based crypto exchange Bitrue has lost millions of U.S. ドル’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct additional security checks and promised to compensate the affected users. Bitrue

South African Professor Accuses US Regulators of Attempting to ‘Assassinate Crypto’

The United Statesattempts toassassinate cryptoare illegal and unlikely to succeed becausecrypto is global,” スティーブン・ボイキー・シドリー, a South African professor and author, has argued. According to Sidley, many formerly U.S.-based companies and innovators have fled the country

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

80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says

Hong Kong’s Secretary for Financial Services and Treasury has revealed that more than 80 crypto companies have expressed interest in establishing a presence in Hong Kong. They include companies across mainland China, カナダ, European Union countries, シンガポール, the U.K., and the

Google Trends Data Reveals Searches for ‘Banking Crisis,’ ‘Bank Runs,’ Skyrocket

Interest in the U.S. banking crisis has risen greatly over the past two weeks, as shown by Google Trends data. There has been a sharp increase in queries related to search terms such asbanking crisis,” “bank collapse,” と “bank failure.”…

仮想通貨取引所によりロシア人は制裁を回避できるようになる, 疑惑を報告する

大手仮想通貨取引所は、制裁対象のロシアの銀行やトレーダーの取引を阻止できなかった, ブロックチェーンフォレンジックレポートによると. 少なくとも2つの確立されたコイン取引プラットフォームでは、ロシア人がピアツーピア取引で銀行カードを使用することを引き続き許可している, the analysis