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Russian Lawmaker Proposes Creating Strategic Bitcoin Reserve: Report
10.12.2024
Anton Tkachev proposed "assessing the feasibility of creating a strategic BTC reserve in Russia by analogy with state reserve in traditional currencies."
Putin Profiles Digital Currencies as Possible Settlement Rails for a BRICS Investment Platform
5.12.2024
Russian President Vladimir Putin has referred to digital currencies as part of the settlement instruments for the planned BRICS investment platform. Putin stated that work on this platform had already begun, and that these digital assets might have a place in this institution. Putin Talks Digital...
Dollar’s Role Shrinks as 80% of Russian Export Revenues Shift to Non-Toxic Currencies
30.11.2024
Russia’s central bank, the Bank of Russia, has revealed that over 80% of major Russian exporters’ revenues are now denominated in rubles and “friendly” currencies, marking a significant shift from Western currencies. Deputy Governor Philipp Gabuniya highlighted this...
Morocco Drafts Regulations for Crypto, Central Bank Governor Says
26.11.2024
Morocco has drafted regulations for the crypto sector, its central bank's head said.The country will also continue to explore whether or not central bank digital currencies can contribute to the country's policy objectives
Pokémon TCG Pocket Has A Staggering 12 Different Currencies, And Counting
8.11.2024
We’ve already very carefully been over the grimly insidious nature of Pokémon TCG Pocket’s unpleasant free-to-play model, but an aspect of this peculiar and enormously successful mobile spin-off from the long-established card game is just how many in-game currencies it has you juggle. So far, there...
2,430% Surge: Why Central Bank Digital Currencies Are Set to Explode
29.10.2024
The explosive growth of central bank digital currencies, expected to surge 2,430% by 2031, could revolutionize global payments, slashing cross-border transaction costs by billions. The Global Payment Shake-Up: CBDCs Poised to Transform Transactions Juniper Research, a market research and consulting...
BRICS, SCO Align on Unified Payment System to Reduce Dollar Reliance
29.10.2024
The Shanghai Cooperation Organization (SCO) is advancing talks on a unified payment system to increase national currency use, aligning with BRICS efforts to counter Western economic dominance. A New Era? SCO’s Talks on Unified Payment System Revealed Shanghai Cooperation Organization (SCO)...
Binance Connect Relaunches, Powering Fiat Currencies and 300 Crypto Options
26.10.2024
Binance relaunches Binance Connect as a fiat-to-crypto gateway, streamlining Web3 transactions and driving global digital asset adoption. Binance Connect Relaunches as a Fiat-Crypto Gateway for Web3 Adoption Crypto exchange Binance announced the relaunch of Binance Connect on Friday, unveiling...
Peter Schiff Predicts ‘Mother of All Gold Bull Markets’ — Early Signs of Massive Gold Surge
20.10.2024
Economist and gold advocate Peter Schiff predicts the “mother of all gold bull markets” as gold prices surge to a record $2,720 per ounce. He attributes the rally to inflation fueled by central banks, warning that fiat currencies are losing value. Schiff suggests this is only the start...
Before Bitcoin: 4 Early Digital Currencies and Why They Collapsed
18.10.2024
Before bitcoin took the spotlight, several digital currencies aimed to change the way we exchange value, but none could withstand the test of time. Ecash, E-gold, Liberty Reserve, and Q coins each had their moment, only to fall short in the end. This piece dives into their stories and uncovers...
BRICS Alliance Embraces Cryptocurrencies for Investment
18.10.2024
In a significant announcement, Russian President Vladimir Putin revealed that the BRICS alliance, comprising of Brazil, Russia, India,…
Russia’s Digital Currency Measures Fail to Satisfy FATF, Blacklist Possible
17.10.2024
Russia’s financial regulator maintains that its anti-money laundering system, including strengthened virtual currency regulations, remains effective even if the country faces potential blacklisting by the Financial Action Task Force (FATF). The agency highlighted new federal laws addressing...
Brazil Pushes BRICS to Shift From US Dollar, Advocating National Currencies in Global Trade
17.10.2024
Brazil pushes for a shift away from the U.S. dollar within the BRICS alliance, advocating for more use of national currencies in trade among member countries. As the group expands, discussions on alternative payment platforms are gaining momentum ahead of the BRICS summit in Kazan. Brazil aims...
Ornate Coins Are One Of Throne And Liberty's Rarest Currencies
16.10.2024
If you’ve been spending time in Throne and Liberty, Amazon’s newest venture into the rediscovered land of MMOs, you’ve probably noticed an abundance of different currencies and item types to collect if you want to purchase or upgrade items. Perhaps you’ve realized that gathering them all can be...
BRICS Slashes US Dollar and Euro Transactions to Below 30%
12.10.2024
BRICS nations are increasingly using national currencies, with 65% of transactions now conducted in local currencies, according to a Russian finance official. The U.S. dollar and euro account for less than 30% of payments among member states, signaling a strategic shift to reduce dependency...
BRICS Nations to Expand Use of National Currencies Through New Financial Platform
11.10.2024
Russian presidential aide Yury Ushakov announced new BRICS initiatives to increase the use of national currencies in trade, backed by financial infrastructure developments like a BRICS-wide platform and special clearing systems. This move aims to simplify transactions between member nations...
Putin Reveals Over 85% of CIS Trade Now in National Currencies
9.10.2024
Russian President Vladimir Putin announced that more than 85% of trade within the Commonwealth of Independent States (CIS) is now conducted in national currencies, highlighting a move toward greater financial independence. This development is part of broader efforts by CIS countries to reduce...
India Denies Targeting US Dollar as Dedollarization Reshapes Global Trade
8.10.2024
India’s External Affairs Minister S. Jaishankar clarified that the country is not targeting the U.S. dollar in its economic policy, despite shifts in global trade and currency usage. Speaking in Washington, he emphasized that India’s trade adjustments are driven by practical concerns...
BRICS Unified Currency Deemed Premature by Russian Official
8.10.2024
Russia’s Deputy Foreign Minister has stated that discussions on a single currency for the BRICS economic bloc are premature due to differences in financial regulation among member nations. Instead, the focus remains on enhancing financial sovereignty and exploring national currencies...
DOJ Charges 21-Year-Old in $37M Cyber Intrusion and Crypto Heist
4.10.2024
A 21-year-old from Indiana has pleaded guilty to cyber intrusion and cryptocurrency theft in a massive scheme targeting hundreds of victims. His actions involved stealing personal data and cryptocurrency worth over $37 million, with law enforcement crediting significant investigative efforts...