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Economist Jim Rickards on Trump’s Tariff Threats: ‘BRICS Already Has a Common Currency’
6.12.2024
Jim Rickards, an economist and best-selling author, has referred to the effects that the announced Trump tariff threat might have on the BRICS bloc. He explained that while the organization is not planning to issue a common currency, it already has one: gold. Jim Rickards States BRICS Doesn’t...
Bitcoin is a competitor to gold, not the US dollar, reiterates Fed’s Powell
5.12.2024
US Federal Reserve Chair Jerome Powell also dismissed the idea that people see Bitcoin as a symbol of a lack of faith in the US dollar
Crypto for Advisors: 2025 Stablecoin Outlook
5.12.2024
As representations of assets, such as a fiat currency, on the internet, stablecoins offer unmatched flexibility, speed, and availability — key factors driving their increasing adoption
Russia sentences Hydra market founder to life in prison
4.12.2024
Hydra market founder Stanislav Moiseev and 15 of his accomplices were jailed for between 8 and 23 years for their involvement in the darknet market and crypto mixer
Brazil Groups Stablecoins With Foreign Currency in New Regulatory Draft
3.12.2024
The Central Bank of Brazil has opened a public consultation on a regulatory draft that correlates the treatment of dollar-pegged stablecoins with foreign currency. The proposed rules, which will now be discussed with relevant stakeholders in the national cryptocurrency ecosystem, would require...
Brazil Pushes Back on Trump’s BRICS Tariff Threat While Championing Single Currency Vision
3.12.2024
Brazilian officials dismissed U.S. President-elect Donald Trump’s proposed 100% tariffs on BRICS countries as unlikely, characterizing them as rhetoric rather than actionable policies. The Brazilian foreign ministry referenced Trump’s prior unfulfilled tariff threats against China, Mexico...
Digital euro preparation continues as holding limit, privacy debated
2.12.2024
Preparation for the launch of the digital euro CBDC continues with an eye toward a potential October 2025 launch decision
Trump’s 100% Tariff Threat: South Africa Denies BRICS Currency Plan
2.12.2024
South Africa has denied reports that the Brazil, Russia, India, China and South Africa (BRICS) economic bloc is planning to create its own currency. Trump Demands BRICS Nations Shun Alternative Currencies Rattled by U.S. President-elect Donald Trump’s 100% tariff threat, South Africa has dismissed...
XRP Hits $2.77, Becomes Third-Largest Crypto Amid Market Frenzy
2.12.2024
Over the past day, XRP, the digital currency, has climbed more than 41% against the U.S. dollar, marking a 431% increase overall. Trading Mania: XRP’s Explosive Rally Draws Global Attention Currently riding a wave of momentum, XRP is trading at $2.77 per coin as of 11:20 a.m. ET on Dec....
US Bitcoin reserve is possible to achieve but not without downsides
2.12.2024
Government participation in crypto hasn’t always had great outcomes for the space, with the SEC under the Biden administration causing plenty of headaches for firms
Prelude to Currency War? Trump Threatens 100% Tariffs to BRICS Countries Abandoning the ‘Mighty’ Dollar
1.12.2024
President-Elect Trump has threatened countries of the BRICS bloc leaving the dollar standard with 100% tariffs, applying the same playbook implemented against China, Mexico, and Canada. Trump remarked the U.S. would not stand and watch the bloc replace the dollar. Trump to Close U.S. Markets...
Russia Approves Crypto Tax Law, Redefining Digital Currency Rules
28.11.2024
Russia’s new crypto tax law classifies digital currencies as property, exempts mining from VAT, and mandates detailed reporting, signaling a seismic shift in regulation. Russia’s New Crypto Tax Rules Signal a Major Shift in Digital Currency Regulations The Federation Council, Russia’s upper house...
Tether discontinues support for euro-pegged stablecoin EUR₮
27.11.2024
Tether has asked EUR₮ holders to redeem tokens within one year, ending on Nov. 25, 2025, as the company decided to discontinue the stablecoin
Digital money lag threatens international security
26.11.2024
Central banks face mounting pressure to innovate, or risk falling behind in the digital currency race, with implications for national security and financial stability
Texas’ gold-backed coin aims to help Bitcoin adoption, says lawmaker
22.11.2024
The Texas state-issued digital currency is projected to encourage skeptical investors to eventually try out Bitcoin one day
Shanghai judge says cryptocurrency is a commodity, legal to own
20.11.2024
Shanghai Judge Sun Jie calls virtual currency a commodity with property attributes in a commentary on a 2017 business dispute
Digital Currency Group’s Barry Silbert Bets Big on AI Blockchain Bittensor
20.11.2024
Barry Silbert will be the CEO of Yuma, a new DCG company focused on incubating and building new businesses within Bittensor’s decentralized AI ecosystem
AI Agents Can Help Crypto Become the Currency of AI
19.11.2024
But there’s a lot of work to do, says Jesus Rodriguez, CEO, IntoTheBlock
Will Trump Make Bitcoin America’s Reserve Currency? Polymarket Bettors Say Maybe
13.11.2024
Donald Trump’s potential move to establish a national bitcoin reserve sparks interest on Polymarket. Polymarket Users Place Bets on U.S. Bitcoin Reserve In an interesting turn, Polymarket, a decentralized prediction market platform, has seen some activity in a bet worth $262,098 that wagers...
Chinese microchip company says it’s now accepting Bitcoin as payment
12.11.2024
Huangzhou-based crypto mining chip maker Nano Labs saw its share price rise slightly after announcing it will start accepting Bitcoin as payment