Analysts Weigh In on BRICS Currency as Tool to Face US Dollar-Based Sanctions

Analysts have begun considering using a future BRICS currency to sidestep U.S. sanctions and the dollar’s influence in international markets. While the rise of the U.S. dollar was significant to spur an era of economic growth after World War II, the…

French President Emmanuel Macron States Europe Must Reduce Its Dependence on the US Dollar to Avoid Becoming ‘Vassals’

Emmanuel Macron, president of France, clarified his position on the future of Europe and its relations with China and the U.S. in the short term. Returning from his visit to Beijing, Macron believes that Europe should avoid getting caught up in

Ron Paul on the Fall of the US Dollar as Reserve Currency: ‘It’s Always Longer Than Some Predictions’

Ron Paul, a former U.S. representative and member of the Libertarian Party, has addressed recent events directed to undermine the influence of the U.S. dollar as a reserve currency in international markets. Paul believes that even if this does happen, to…

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

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

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….

Vladimir Putin Says Russia Wrote Off African Countries’ Debts Totaling Over $20 Billion in 2022

African countriesdebts totaling more than $20 billion were written off in the past year, Russian President Vladimir Putin said on March 20. Putin also revealed that trade between Russia and Africa had nearly reached $18 billion by the end of

Extreme Market Turbulence: Critics Call Warren’s Silvergate Take ‘Terribly Misinformed,’ SVB Collapses, Vitalik’s Token Sell-Off Moves Markets, in več — pregled tedna

It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, ZDA. Senator Elizabeth Warren blaming the event oncrypto risk,” and individuals on social media pointing out that Warren isterribly misinformed.” Dodatno, ZDA. Regulators

Binance Rusom prepoveduje P2P transakcije z dolarji in evri

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

V Rusiji bo ustanovljen investicijski sklad, osredotočen na kripto rudarjenje

The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition of coin minting equipment. Russian

Crypto Neobank Wallbit zaradi sankcij zapušča Venezuelo

Wallbit, neobank, ki podpira kripto, napovedala, da bo prenehala služiti uporabnikom v Venezueli, potem ko je njen bančni partner v ZDA. pozval, naj to stori. Platforma je objavila, da je ta poteza neposredna posledica gospodarskih sankcij, ki jih je država uvedla…