Digital Assets for 1 Billion Rubles Issued in Russia in a Month

Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments amid limited access to traditional

Recent Poll Shows Citizens of El Salvador Still Not Sold on Bitcoin

A recent poll completed by the Public Opinion University Institute, part of the Simeon Canas Centroamerican University, has found that El Salvador is still not attracted by the idea of bitcoin as legal tender. The poll results indicate that almost two-thirds

Yuan Taps New Low Versus US Dollar as Investors React to Endorsement of Chinese President’s Third-Term Bid

The Chinese yuan’s offshore exchange rate against the U.S. dollar fell to a new all-time low of 7.33:1 just over a day after the conclusion of the Chinese Communist Party’s congress which gave President Xi Jinping the mandate to lead the

Biden Administration Accused of Propaganda and ‘Redefining’ a Recession’s Technical Definition

After people have accused bureaucrats and government agencies of changing definitions during the last few years, Joe Biden’s administration now claims that a second consecutive quarter of negative gross domestic product (BDP) does not indicate the U.S. is in a recession….

McKinsey: The Metaverse Could Generate $5 Trillion by 2030 — ‘Simply Too Big to Be Ignored’

Global consulting firm McKinsey & Company has forecasted that the metaverse may generate up to $5 trillion by 2030. Poleg tega, more than 80% of commerce could be impacted by activities in the metaverse. Metaverse Could Generate $5 Trillion by 2030

Poročilo: Državam BRICS je bilo naročeno, naj razmislijo o boju proti globalni hegemoniji dolarja

Kitajski strokovnjaki so pozvali voditelje BRICS (Brazilija, Rusija, Indija, Kitajska in Južna Afrika) države razmisliti o boju proti dolarju, katerih globalna hegemonija naj bi bila zloraba. Še vedno, the experts concede that any attempt to diminish the dollars dominance

Ruski bankirji predlagajo kriminalizacijo shranjevanja kripto v neskrbniških denarnicah

Keeping cryptocurrencies in non-custodial wallets may be criminalized in Russia, if authorities accept a proposal from the trade association representing Russian banks. While financial regulators think the idea deserves attention, lawmakers and experts doubt its possible to implement such a measure….

Ustanovitelj Matrixporta Jihan Wu verjame, da se bo kripto prostor povečal na "desetine trilijonov dolarjev"

Seven months ago, during the first week of May, the digital currency entrepreneur Jihan Wu said at a conference that he expects the crypto industry to surpass the internet and the following August, Wus firm Matrixport raised $100 million and joined

Nigerian Experts: CBDC Still Unattractive to Users Despite Claim of ‘Excellent’ Adoption Rate

Nigerian blockchain and cryptocurrency experts have suggested that many prospective users will only consider adopting the e-naira once the central bank has done enough to make the CBDC (digitalna valuta centralne banke) an attractive option to use. E-Naira Still Unattractive to