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Europe Pushes for Payment Sovereignty to Counter Potential US Intervention


Private banking groups are warning about the growing EU dependence on foreign payment companies. Martina Weimert, chief executive of the European Payments Initiative (EPI), called for urgent action on this issue, stating that independence in the payments field was “crucial.” European Banking Group...

Why Stablecoins Fail: Lessons From the Past


Stablecoins, the cryptocurrencies pegged to fiat currencies like the U.S. dollar to keep their value steady, can still face failures. Several well-known examples demonstrate that maintaining stability is more challenging than it appears. So, how does something designed to be ‘stable’...

Cryptocurrency Rights Bill Lands in Indiana


Indiana is adding its name to the list of states that intend to guarantee the cryptocurrency rights of its citizens. A cryptocurrency bill that guarantees the non-intervention of the state government of Indiana in cryptocurrency self-custody, mining, validation, and other issues was recently...

RBI and IMF Exchange words on forex intervention


India’s inflation is below 6%. Despite a global slump, the country continues to grow swiftly. Some of it can be attributed to India’s firm position on purchasing subsidized Russian fuel during the Russia-Ukraine war. However, one issue that has caught the IMF’s attention is...

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