Currency
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Markets
Russia talks up prospects of BRICS countries developing new currency
A new world order could be emerging as economic powerhouses increase their efforts to distance themselves from US dollar hegemony.…
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Markets
Report: UAE Central Bank Implements Digital Currency Strategy – Emerging Markets Bitcoin News
The central bank in the United Arab Emirates said it has started implementing its digital currency strategy with partners G42…
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Markets
Former Treasury Official Warns of Complete Economic Implosion if US Dollar Loses Global Reserve Currency Status – Economics Bitcoin News
Former Assistant Secretary for Public Affairs for the U.S. Department of the Treasury Monica Crowley has warned of “catastrophic” consequences…
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Markets
Steve Hanke Blasts Bitcoin: It Is ‘Not a Currency’ and Has a ‘Fundamental Value of Zero’ – Bitcoin News
Steve Hanke, professor of applied economics at Johns Hopkins University, has criticized bitcoin, stating it is not a currency. The…
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Markets
Analyst Predicts Gold Prices Might Exceed $8,000 in the Next Decade as Central Banks Lose Confidence in Foreign Currency – Economics Bitcoin News
Jan Nieuwenhuijs, a gold market analyst, has predicted that gold might exceed prices of $8,000 during the next decade, as…
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Markets
US Senator Introduces Bill to Ban Direct-to-Consumer Central Bank Digital Currency – Regulation Bitcoin News
U.S. Senator Ted Cruz has introduced “legislation to prohibit the Federal Reserve from developing a direct-to-consumer” central bank digital currency…
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Markets
Nigeria CBDC adoption spikes as fiat currency shortage grip the nation
Nearly 18 months after launching its in-house central bank digital currency (CBDC), eNaira, Nigeria witnessed its massive adoption as national…
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Markets
FL Gov. DeSantis Proposes Ban on Central Bank Digital Currency Use as Money – Bitcoin News
Governor Ron DeSantis of the U.S. state of Florida has proposed legislation to prohibit the use of central bank digital…
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Markets
India, UAE Collaborate to Boost Cross-Border Central Bank Digital Currency Transactions – Regulation Bitcoin News
India’s central bank, the Reserve Bank of India (RBI), and the Central Bank of the United Arab Emirates (UAE) have…
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Markets
Central Bank Digital Currency Transactions to Reach $213 Billion Annually by 2030, Research Shows – Featured Bitcoin News
A new study shows that payments via central bank digital currencies (CBDCs) are expected to reach $213 billion annually by…
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