Russia Actively Shifting to Settlements in National Currencies, US Dollar Share Declining, Says Foreign Minister
Russia is actively shifting to settlements in nationwide currencies with its companions, Foreign Minister Sergey Lavrov has affirmed. He expects the transition away from the...
Putin Rejects Russian Economic Collapse Predictions — Highlights Active BRICS, SCO Cooperation
Russian President Vladimir Putin says Russia is actively cooperating with main worldwide organizations, together with the BRICS group, the Shanghai Cooperation Organization (SCO), the Association...
Rand Plunges After US Weapons Accusations Against South Africa, Schiff Criticizes Misleading Inflation Numbers, and More — Bitcoin.com News Week in Review
Another thrilling week in crypto and finance has come and gone, with information of U.S. authorities accusations in opposition to South Africa, relating to the...
Chinese Autonomous Region of Guanxi to Adopt Digital Yuan in Push for ASEAN Trade Integration
The Chinese autonomous area of Guanxi, situated within the south of China, will implement a large adoption plan for the digital yuan, that features a...
10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies
The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of local currencies...
ASEAN Countries Take Steps to Reduce Reliance on US Dollar for Trade Settlements
The finance ministers and central financial institution governors of the Association of Southeast Asian Nations (ASEAN) are exploring methods to lower their nations’ dependence on...
India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar
The authorities of India has introduced that it’s going to facilitate the settlement of worldwide transactions utilizing its nationwide forex, the rupee. As a part...
Chinese Researchers Propose Asian Digital Currency to Reduce Reliance on US Dollar
Experts from an financial institute in China have circulated the thought of making a blockchain-powered digital foreign money that might decrease Asia’s reliance on the...
Singapore to Impose Restrictions on Russian Financial and Crypto Transactions
In a uncommon transfer, Singapore goes to introduce restrictions on sure Russian monetary transactions and crypto operations geared toward evading sanctions. The resolution comes amid...