Search Results for: quoted

Dollar to Play Lesser Role Due to Its Weaponization, Digital Currencies, Economist Jeffrey Sachs Says

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Within the next decade, ZDA. dollar will play a much less dominant role than it is today, according to Jeffrey Sachs. The renowned economist listed a few factors for the diminishing status of the greenback such as its use as…

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

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Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. Ob istem času, the cycle with the highest hikes may soon be over, the officials indicated. End of…

Kitajska se je pripravljena pogovarjati z azijskim denarnim skladom o zmanjšanju odvisnosti od dolarja, Malezija pravi

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An idea to establish an Asian Monetary Fund has caught the attention of the Chinese leadership, the head of the Malaysian government revealed. The prime minister believes there is no reason for his country, which is hurting from a strong U.S….

BRICS Nations Working on Creating New Currency to Be Discussed at Next Leaders Summit: Poročilo

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

Putin, Xi Vow to Use Yuan as Russia and China Move to Settlements in National Currencies

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As part of the talks that Russian president Vladimir Putin and Chinese president Xi Jinping are currently conducting in Russia, Russia has vowed to move to use the Chinese yuan as a settlement currency with countries in Asia, Afrika, and Latam….

US Lawmaker Urges Government to Guarantee All Deposits to Avoid Runs on Smaller Banks

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A U.S. congressman has urged the federal government to temporarily insure every bank deposit in the country. Following the collapses of several major banks, he stressed that if the government does not do this, there will be a run on smaller…

Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners

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The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share…

Digital Assets Worth 2 Billion Rubles Issued in Russia in Less Than a Year

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Digital financial assets (DFA) for a total exceeding $26 million have been issued in Russia in the past year. This new market has been developing since it was regulated in 2021 and the country’s monetary authority started licensing issuers in the…

Poročilo: Egiptovska policija aretirala 29 Domnevni organizatorji prevare z aplikacijo za kripto rudarjenje

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Egiptovska policija naj bi nedavno aretirala 29 posamezniki, povezani s prevaro aplikacije za rudarjenje kriptovalut Hoggpool. Poleg zasega 95 mobilni telefoni in 3,367 SIM kartice, policija je povedala v domači in tuji valuti v vrednosti $194,000 je bil…

Binance Rusom prepoveduje P2P transakcije z dolarji in evri

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Cryptocurrency exchange Binance has introduced new restrictions for Russian users, in accordance with the latest European sanctions. The platform is restricting access to peer-to-peer (P2P) transactions in U.S. dollars and euros for traders based in the Russian Federation. Binance Prohibits US…