An independent payment system has been endorsed for BRICS, potentially moving away from the US dollar. Speculation arises whether the system will utilize cryptocurrencies like Bitcoin or Ripple’s XRP for…
Browsing: Dollar
The United States Congressional Budget Office has warned of growing national debt. Bitcoin’s use as a hedge against the Dollar’s decline remains hot in industry expert’s discussions. The US government…
Lacalle warns that US debt accumulation and fiscal policies pose a greater threat to the dollar than cryptocurrencies. Legislative debates on CBDCs highlight privacy concerns and the need for Congressional…
Joe Biden’s CBDC plans could be derailed following the US Fed’s warning and new opposition from at least five US senators who describe it as “government-controlled programmable money.” The US…
BRICS takes a similar stance as the ASEAN bloc by ditching the US Dollar while they consider a common currency for international trade. Bitcoin is rumored to be under consideration…
India and the UAE complete a first-time crude oil transaction using their local currencies, bypassing the US dollar. This trade shift is part of a larger strategy developed in July,…
JP Morgan, a leading bank, has joined forces with six prominent banks in India. This cutting-edge technology enabled by real-time blockchain will be available round-the-clock. In a bold move towards…
While currencies are struggling to rub shoulders with the US Dollar, Bitcoin has remained calm and is staging mini rallies. Sven Henrich, the founder of NorthmanTrader, a markets research firm…