インド

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

に

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…

Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency

に

According to Brazil’s president Luiz Inácio Lula da Silva, developing countries should abandon the U.S. dollar and strengthen their own national currencies. During a speech at the New Development Bank in Shanghai, Lula expressed his nightly pondering: “Why do all countries…

India Seeks Common Crypto Framework for All Countries to Deal With ‘Many Collapses and Shocks in Cryptocurrencies’

に

India’s finance minister, Nirmala Sitharaman, said during her official visit to the U.S. that crypto regulation is a very important part of the discussion by the G20 countries given “so many collapses and shocks in cryptocurrencies.” She stressed: “We seek to…

サウジアラビア、対話パートナーとしてSCOブロックに参加し中国との絆を強化

に

中国とサウジアラビアの関係は、同国の内閣が上海協力機構への参加に合意したことにより拡大している。 (SCO). 王国による外交的動きは9月の覚書から始まった, そして3月末に,…

Indian Government Answers Questions About Crypto Legalization, Fraud Prevention

に

The Indian government has responded to parliamentary questions about the legalization of cryptocurrency and the steps it has taken to prevent crypto-related fraud. “Crypto assets are currently unregulated in India. Frauds relating to crypto are dealt with under extant laws against…

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

に

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…

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

に

日曜日に, 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…

BRICS Nations Working on Creating New Currency to Be Discussed at Next Leaders Summit: 報告する

に

The BRICS nations are reportedly working on developing a new form of currency, which is expected to be discussed at the next BRICS leaders’ サミット, according to a top Russian official. “The transition to settlements in national currencies is the first…

Extreme Market Turbulence: Critics Call Warren’s Silvergate Take ‘Terribly Misinformed,’ SVB Collapses, Vitalik’s Token Sell-Off Moves Markets, and More — Week in Review

に

It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, 私たち. Senator Elizabeth Warren blaming the event on “crypto risk,” and individuals on social media pointing out that Warren is “terribly misinformed.” さらに, 私たち. レギュレーター…

Indian Finance Minister Pushes for International Cooperation on Crypto Regulation — Discusses Awareness Campaign

に

Indian Finance Minister Nirmala Sitharaman has stressed the importance of international cooperation in order to regulate the crypto sector. She also confirmed that Indian regulators’ crypto awareness campaign will continue to alert people about the risks of investing in crypto. インド人…