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‘De-Dollarization Emerging’ but Greenback Will Retain Its Dominance — JP Morgan Strategists
8.6.2023
Two JP Morgan strategists have said the U.S. dollar will retain its dominant position even as it is being challenged by alternative currencies such as the Chinese yuan. According to a report, the yuan currently accounts for just 7% of global foreign exchange trade volumes while the greenback...
Swift is scouring blockchain interoperability
7.6.2023
Swift has reached out to the global Swift community to conduct a study on how the different communities can utilize their connections to interoperate successfully on multiple blockchain networks. Presently, institutional investors are up against the issue of interoperability on multiple blockchain...
Swift and Chainlink Will Test Connecting Over a Dozen Financial Institutions to Blockchain Networks
6.6.2023
In a new set of experiments Swift will collaborate with major financial market institutions like Australia and New Zealand Banking Group Limited (ANZ), BNP Paribas, BNY Mellon, Citi, Clearstream, Euroclear and Lloyds Banking Group
Street Fighter 6 Fans Are Making Characters Based On Famous People, Like Taylor Swift
5.6.2023
Street Fighter 6’s character creator is one of the best parts of an excellent game. On top of its tools having enough precise detail that you can create near-perfect replicas of just about anyone you want, the game also recognizes character builds so it can reflect them in fights. If you make...
Změna směru a honba za výkonem. Test notebooku Acer Swift 14
2.6.2023
Nový Acer Swift 14 pokračuje ve šlépějích modelu Swift 5 a snaží se zaujmout uživatele, kteří vyžadují jak prémiový vzhled, tak vysoký výkon
EU Spokesperson: Russian Banks Will Not Be Reconnected to SWIFT Anytime Soon
23.5.2023
The European Union (EU) has no intention of allowing Russian banks to be reconnected to the Society for Worldwide Interbank Financial Telecommunications (SWIFT) banking system anytime soon. Peter Stano, spokesperson for external affairs of the EU, stated that these restrictions can only be lifted...
SWIFT Data Shows Despite De-Dollarization Push, US Dollar Is Still the King of International Settlements
22.5.2023
The share of the U.S. dollar usage for international payments has risen to 42.71% in April, despite the push of some countries towards de-dollarization. The dollar remains the most used currency in international settlements, with the euro taking second place according to data from the Society...
Russia ‘Actively’ Working on SWIFT Alternatives, Foreign Ministry Official Says
22.5.2023
The Russian Federation is collaborating with partners to link payment systems alternative to the interbank messaging system SWIFT, a representative of the country’s Ministry of Foreign Affairs announced. The work is part of the de-dollarization of the economy, the official indicated. Russia Seeking...
Taylor Swift avoids FTX embarrassment as Uniswap and BNB survive fallout, while TMS Network snags a 1700% gain
16.5.2023
The FTX debacle is over five months old, but the controversy trailing the fallout is enormous. Prosecutors are now coming after celebrities that endorsed FTX before its collapse, but Taylor Swift avoided getting dragged because she did her due diligence by asking pertinent questions. While this...
India, Russia Mull Payment System Integration in Face of US Sanctions
2.5.2023
The governments of India and Russia are considering integrating part of their payment systems, in order to counter the possible future effect of US sanctions on the capital flows of each country. The deal would include the integration of India’s Rupay card system and its Russian counterpart...
Test notebooku Acer Swift Go 14. Nové jméno, staré dobré kvality a pár promyšlených vylepšení
28.4.2023
Acer povýšil svůj Swift 3 s novou generací procesorů Intel Core a OLED panelem na označení Swift Go 14 a cílí s ním na náročnější uživatele
Chinese Yuan Overtakes US Dollar as Most Used Currency to Settle Cross-Border Payments in China
27.4.2023
The Chinese yuan is now China’s most used currency for cross-border settlements. According to official data from the State Administration of Foreign Exchange, the Chinese yuan rose to be the most-used currency in March over the U.S. dollar, in a push from the Beijing government...
Central Banks Reduce US Dollar Swap Lines to Weekly Auctions Amid Moody’s US Banking Sector Downgrade
25.4.2023
After the tumultuous downfall of three major banks, namely Silvergate Bank, Silicon Valley Bank, and Signature Bank, several central banks made a collaborative announcement of a swift, coordinated emergency response. The intervention aimed to furnish U.S. dollar liquidity, with the intention...
Bitcoin price can 'easily' hit $20K in next 4 months — Philip Swift
25.4.2023
The BTC price bottom may be in, but Bitcoin bulls are not out of the woods yet, says the Decentrader and Look Into Bitcoin founder
Latam Insights: Argentine Peso Plunges, Venezuela and Russia to Develop SWIFT Alternative, Bitcoin Mining Still Paused in Venezuela
24.4.2023
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue: the Argentine Peso plunges against the U.S. dollar, Venezuela and Russia agree to develop a joint SWIFT alternative, and Bitcoin mining is still...
What Taylor Swift Can Teach You About Investing
21.4.2023
The megastar reportedly dodged a catastrophic deal with FTX by asking one simple question
Taylor Swift Rejected Crypto Exchange FTX’s Sponsorship Offer Over Unregistered Securities Concerns
20.4.2023
Taylor Swift, a pop icon and 12-time Grammy Award winner, reportedly turned down a $100 million sponsorship offer from the now-bankrupt cryptocurrency exchange FTX due to concerns about unregistered securities. A number of FTX celebrity endorsers are currently facing a class action lawsuit...
Russian Central Bank Attributes Recent Ruble Depreciation to Lower Forex Sales by Exporters
12.4.2023
The Russian central bank has attributed the ruble’s latest plunge against the U.S. dollar to the temporary reduction “in sales of foreign currency earnings by exporters.” The central bank also revealed that the Chinese yuan accounted for 39% of the Russian forex market’s...
Putin, Xi Vow to Use Yuan as Russia and China Move to Settlements in National Currencies
22.3.2023
As part of the talks that Russian president Vladimir Putin and Chinese president Xi Jinping are currently conducting in Russia, Russia has vowed to move to use the Chinese yuan as a settlement currency with countries in Asia, Africa, and Latam. Putin expressed that using national currencies...
Blockchain to Become More Relevant in Payments This Year, Sberbank Exec Says
20.3.2023
Blockchain technology can help solve current issues with settlements, according to the deputy chief executive of Sberbank. Russia’s largest bank is working with other financial institutions to develop blockchain-based payment applications, the banker revealed. Sberbank Sees Solution to Russia’s...