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BRICS Considers Iran’s Proposal to Link Payment Systems of All Member Countries, Says Russian Official
27.7.2024
The BRICS economic bloc is considering Iran’s proposal to link all member nations’ payment systems, according to Russian Deputy Foreign Minister Andrey Rudenko. The proposal aims to enhance BRICS countries’ financial sovereignty by establishing a resilient and sanctions-resistant...
Russian Senate Leader Predicts Use of CBDCs in BRICS Payment System
14.7.2024
Valentina Matvienko, Chairman of the Russian Federation Council, talked about the role of national digital currencies, also known as CBDCs, in increasing the use of national currencies in BRICS trade. Matvienko stated that a hypothetical BRICS bridge, a joint payment system, would leverage...
German Government Now Holds Less Than 10K BTC, Iran Proposes to Link All BRICS Payment Systems, and More — Week in Review
14.7.2024
Iran’s Foreign Affairs Ministry has proposed linking BRICS countries’ payment systems for seamless national currency transactions. Meanwhile, Germany’s government reduced its Bitcoin holdings by over 3,000 BTC, now holding under 10,000. AI chatbots predict Bitcoin’s...
Iran Proposes to Link All BRICS Payment Systems
9.7.2024
The spokesperson for the Ministry of Foreign Affairs of the Islamic Republic of Iran Nasser Kanani has proposed to link the payment systems of all the countries of the BRICS bloc, allowing for seamless settlements between these. Kanani stated that the conditions have been created for this...
Iran and Russia Sign Academic Cooperation Agreement to Dedollarize Economies
8.7.2024
Iran and Russia have taken a significant step towards economic cooperation by involving their academic institutions in efforts to dedollarize their economies. The presidents of Iran’s Imam Hossein University and Russia’s Plekhanov University of Economics signed a memorandum...
Iran Officially Unveils Central Bank Digital Currency Project
25.6.2024
Iran officially unveiled its central bank digital currency (CBDC) on Sunday during a ceremony attended by Central Bank of Iran (CBI) Governor Mohammad Reza Farzin and chief executives of several major banks. This digital currency, issued electronically by the central bank, aims to streamline...
SEC drops investigation into Ethereum: Law Decoded
24.6.2024
A letter from Consensys states that the SEC’s approval of spot Ether exchange-traded funds indicated that it had “updated its position to classify ETH as a commodity and not a security,” but not everyone agrees
Iran Launches Digital Rial Pilot on Kish Island
21.6.2024
The Central Bank of Iran (CBI) has announced the initiation of a pilot scheme to introduce the country’s central bank digital currency (CBDC) on the southern island of Kish. The CBI stated on Tuesday that the digital rial will be available to banking customers and tourists in Kish starting...
Iran to launch public CBDC pilot in June
19.6.2024
Unlike other types of electronic money in Iran, the digital rial doesn’t require interbank settlement to transfer funds between the buyer and the seller
Russia and Iran Collaborating on Single BRICS Currency, Iranian Ambassador Says
19.5.2024
Russia and Iran are collaborating on creating a single BRICS currency, the Iranian ambassador to Russia has claimed. He noted that over 60% of the two nations’ bilateral trade is conducted in Russian rubles and rials, reflecting a shift away from the U.S. dollar. Russia-Iran Trade Flourishes...
Sen. Warren Warns US Military Officials, Claims Iranian Crypto Mining Supports Terrorism
3.5.2024
Two US Senators have together warned that this “ongoing activity by the Iranian government threatens our national security.”
The post Sen. Warren Warns US Military Officials, Claims Iranian Crypto Mining Supports Terrorism appeared first on Cryptonews
Iran and Russia Working on Bilateral CBDC-powered Trade Solutions
3.5.2024
Iran and Russia are working on CBDC and “digital financial asset” (DFA)-powered trade solutions, an Iranian official has confirmed.
The post Iran and Russia Working on Bilateral CBDC-powered Trade Solutions appeared first on Cryptonews
US lawmakers warn of Iranian crypto miners threatening national security
2.5.2024
According to Senators Elizabeth Warren and Angus King, the Iranian government has used funds from crypto mining to fund terrorist organizations
U.S. Senate's Warren Warns National Security Chiefs About Iranian Crypto Mining
2.5.2024
U.S. Sen. Elizabeth Warren (D-Mass.), one of the most prominent critics of cryptocurrency hazards, warned the top military and financial officials that Iran relies on digital assets mining as a source of revenue that can lessen the pressure from U.S. sanctions
Economist Peter Schiff Declares ‘Bitcoin Fad is Over’ as Gold Prices Soar
19.4.2024
After the overnight Israeli retaliatory strikes against Iran, gold prices have settled around $2,388 per ounce, having briefly touched the $2,400 mark right after the events. Over the last five days, gold has increased by 1.85%, while bitcoin has declined by 8% since the onset of the conflict last...
Bitcoin Price Prediction as Crypto Market Recovers Following Israeli Retaliation Against Iran – Is the Worst Over?
19.4.2024
Amid heightened global tensions, Bitcoin's price navigates at $64,520, reflecting a 1.65% drop as investors eye the transformative potential of the upcoming halving.
The post Bitcoin Price Prediction as Crypto Market Recovers Following Israeli Retaliation Against Iran – Is the Worst Over? appeared...
Bitcoin Dips Below $60K as Israel Launches Strike on Iran
19.4.2024
Iran's first strike on Israel pushed down crypto and risk assets, while leading to a spike in gold
Top Crypto Gainers Today on DEXScreener – SHIELD, INNO, DAMM
15.4.2024
With the bears back in control of the broader crypto market on Monday amid a continuation of concerns about the tense Iran/Israel situation, as well as regarding the latest strong US economic data which will likely on serve to further deter the Fed from cutting interest rates, crypto traders...
PAXG Reaches All-Time High Amid Middle East Unrest, Prompting Bitcoin Hedge Discussion
15.4.2024
PAXG Reaches All-Time High over the weekend due to the rising tension in the Middle East, leading to questions about Bitcoin’s value as a geopolitical hedge.
The post PAXG Reaches All-Time High Amid Middle East Unrest, Prompting Bitcoin Hedge Discussion appeared first on Cryptonews
Bitcoin Price Prediction: BTC Nears $66,000 Pivot as Iran-Israel Tensions Escalate
15.4.2024
As fears escalate between Iran and Israel, Bitcoin's price prediction hovers near the pivotal $66,000 mark, underscoring heightened market uncertainty.
The post Bitcoin Price Prediction: BTC Nears $66,000 Pivot as Iran-Israel Tensions Escalate appeared first on Cryptonews