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Trump Threatens Countries Leaving the U.S. Dollar With 100% Tariffs
9.9.2024
Former President and Republican candidate Donald Trump announced future sanctions for countries supporting de-dollarization. At a rally held in Wisconsin, Trump declared: “You leave the dollar, and you’re not doing business with the United States because we are going to impose a 100% tariff...
BRICS Countries Deem US Dollar Less Important in Global Trade, Says Indian Expert
14.8.2024
The vice chairman of the BRICS Chamber of Commerce and Industry, Sameep Shastri, has highlighted the economic bloc’s shift away from reliance on the U.S. dollar, opting instead to trade using their national currencies like the Russian ruble, Indian rupee, and Chinese yuan. He underscored...
BRICS Considers Iran’s Proposal to Link Payment Systems of All Member Countries, Says Russian Official
27.7.2024
The BRICS economic bloc is considering Iran’s proposal to link all member nations’ payment systems, according to Russian Deputy Foreign Minister Andrey Rudenko. The proposal aims to enhance BRICS countries’ financial sovereignty by establishing a resilient and sanctions-resistant...
Mercury Bank Blocks Fintech Founders From Nigeria, Ukraine, and a Dozen More Countries
24.7.2024
The U.S.-based fintech company, Mercury, will offboard startups whose founders reside in or whose businesses are headquartered in 14 African countries and six non-African states. Mercury CEO Immad Akhund stated that this decision impacts customers whose deposits constitute less than 1% of Mercury’s...
Triple-A: Argentina and Brazil in the Top Ten Of Countries With Most Cryptocurrency Ownership
18.7.2024
Argentina and Brazil are part of the top ten countries with the most crypto ownership, according to a recent report issued by Triple-A, a provider of digital currency white-label payment solutions. Argentina took the fourth place in the list, with 18.9% of its population holding cryptocurrency...
China’s Economic Influence Noted by Majority in 35 Countries, Pew Survey Shows
16.7.2024
A Pew Research Center survey of 35 countries, published last week, highlights China’s significant economic influence, with perceptions varying by income level. The survey covers Argentina, Australia, Bangladesh, Belgium, Brazil, Canada, Czech Republic, Egypt, France, Germany, Ghana, Greece...
Global Bond Market Alarm: 26 Countries Now Facing Inverted Yield Curves
13.7.2024
While the U.S. recently marked the longest period of inverted bond yields in history, surpassing two years, data indicates that a total of 26 countries now have an inverted yield curve. Investors and economists closely monitor yield curve inversions, as they have historically signaled an increased...
30 Countries Seek to Join BRICS, Russian Ambassador to China Says
10.6.2024
Russian Ambassador to China Igor Morgulov disclosed that approximately 30 countries are interested in joining the BRICS economic bloc in an opinion piece published by the South China Morning Post last week. BRICS welcomed five new members in January: Egypt, Iran, the United Arab Emirates (UAE)...
VC Billionaire Chamath Palihapitiya Explains the $500,000 Bitcoin Case: Countries Will Become Dual Currency
4.6.2024
Chamath Palihapitiya, the founder and CEO of Social Capital, a venture capital firm, has explained how bitcoin could reach $500,000 or even higher price levels in the coming months. During a podcast, Chamath clarified that considering the price performance in the previous halving cycles, bitcoin...
P2P Bitcoin Exchange Hodl Hodl Suspends Lending Services for US and UN Embargoed Countries’ Residents
25.5.2024
Hodl Hodl, a non-custodial Bitcoin exchange, has announced changes to its “Terms of Service” agreement affecting the availability of its lending services. The platform is now excluding residents of the U.S. as well as U.N. embargoed countries from its lending platform, citing...
Minimizing Crypto Taxes: Top Countries With Lowest Tax Rates in 2024
22.5.2024
The landscape of crypto taxes is varied and dynamic, with some nations emerging as particularly friendly to crypto investors and traders.
The post Minimizing Crypto Taxes: Top Countries With Lowest Tax Rates in 2024 appeared first on Cryptonews
Where the Whales Are – Top 5 Countries for Crypto Investors
21.5.2024
As the popularity of cryptocurrencies continues to grow, investors are on the lookout for the most accommodating environments to maximize their returns.
The post Where the Whales Are – Top 5 Countries for Crypto Investors appeared first on Cryptonews
Bitcoin Hits Record Highs Against Local Currencies in Asia and South America with 7% Daily Surge
21.5.2024
Bitcoin has achieved all-time highs against local currencies in several countries across Asia and South America, following a significant 7% surge in its price.
The post Bitcoin Hits Record Highs Against Local Currencies in Asia and South America with 7% Daily Surge appeared first on Cryptonews
IMF Official: Countries Are Reevaluating Their Reliance on the US Dollar
11.5.2024
First Deputy Managing Director of the International Monetary Fund (IMF) Gita Gopinath recently revealed that some nations are reconsidering their reliance on the U.S. dollar. Gopinath explained that this originated in the recent shocks from the coronavirus pandemic, the geopolitical situation with...
Jack Dorsey’s Block’s Crypto Unit Under Investigation Over Compliance Practices: Report
2.5.2024
The allegations against Block include inadequate customer information collection, processing transactions involving countries under U.S. sanctions, and facilitating cryptocurrency transactions for terrorist groups.
The post Jack Dorsey’s Block’s Crypto Unit Under Investigation Over...
Which countries dominate Steam bandwidth usage in 2024?
29.4.2024
We have the data, direct from Valve. Also: Xbox analysis and lots of news
Australia Now Has Over 1,000 Bitcoin ATMs: Report
24.4.2024
Based on information released on April 24, 2024 by Coin ATM Radar, Australia joined the US and Canada as countries with more than 1,000 operational crypto-fiat ATMs, marking an important achievement as the third-largest host of Bitcoin ATMs.
The post Australia Now Has Over 1,000 Bitcoin ATMs:...
Noones CEO Ray Youssef Blasts Bitcoin Fees: ‘We Have Failed the Global South’
24.4.2024
Ray Youssef, the former Paxful CEO, has commented on the negative impact of high transaction fees on bitcoin adoption in emerging markets. Youssef stated on social media that the recent developments in the bitcoin fee market have pushed users to alternatives such as USDT on the Tron blockchain over...
Developing Countries Need Decentralized Physical Infrastructure Networks – Karam Lakshman
23.4.2024
Karam Lakshman, CEO of Wifi Dabba, asserts that a country like India, which is the world’s fifth-largest economy, needs enhanced connectivity and innovation. He suggests that Decentralized Physical Infrastructure Networks could be the solution for the country, which currently trails other...
US, UK, Germany Among Countries With Largest Government Crypto Holdings, Arkham’s Data Shows
14.4.2024
The United States, United Kingdom, and Germany rank among the top countries holding cryptocurrencies at the government level, according to data from Arkham Intelligence. The crypto analytic firm’s onchain analysis shows that the U.S. government holds 212,847 bitcoins while El Salvador...