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Zimbabwe Plans to ‘Float’ Rapidly Depreciating Gold-Backed Currency

11.11.2024
Zimbabwe has said it plans to let its rapidly depreciating gold-backed currency, Zig, float freely on the foreign exchange market. A central bank official said this would help the currency achieve price discovery without administrative interference. However, the official did not give a timeline...

Putin Discusses US Dollar Dominance and BRICS Common Currency

9.11.2024
Putin dismissed claims that Russia would abandon the U.S. dollar, downplayed BRICS currency ambitions, and emphasized the dollar’s global dominance. Putin’s Take on US Dollar: Why Russia Isn’t Turning Away Yet Russian President Vladimir Putin addressed speculation regarding Russia’s...

Kremlin Warns: Global Concerns Grow Over Dollar’s Political Use

9.11.2024
Kremlin spokesman Dmitry Peskov noted that the abuse of the U.S. dollar as a political instrument has caused other nations to be concerned about potential roadblocks to using the currency in the future. Kremlin Highlights Nations’ Concerns on the U.S. Dollar Weaponization The Kremlin...

Pokémon TCG Pocket Has A Staggering 12 Different Currencies, And Counting

8.11.2024
We’ve already very carefully been over the grimly insidious nature of Pokémon TCG Pocket’s unpleasant free-to-play model, but an aspect of this peculiar and enormously successful mobile spin-off from the long-established card game is just how many in-game currencies it has you juggle. So far, there...

Pakistan Digital Currency Reforms Set Path for CBDC as Legal Tender

5.11.2024
The Pakistani government has proposed amendments to the State Bank of Pakistan (SBP) Act to recognize central bank digital currencies (CBDCs) as legal tender. These changes would authorize the central bank to issue, regulate, and manage digital currency in both digital and physical forms....

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