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Asian Economies Could Benefit From Reduced Dollar Influence, Says Devere CEO


The CEO of asset management firm Devere Group says the world is shifting “away from a dollar-dominated financial system.” Emphasizing that a shift away from U.S. dollar influence “could have positive implications for Asian economies,” he described: “With the dollar losing its stranglehold...

Economist Expects US Rating Downgrade to Accelerate De-Dollarization Process


Economists have warned about the adverse impact of Fitch’s U.S. rating downgrade on the dollar. One expects the downgrade to “accelerate” the process of de-dollarization globally. Another stated that it may be “a part of the gradual decline of the U.S. dollar system.”...

WorldCoin to Open its ID System for Government and Private Companies: Report


Sam Altman co-founded tech firm WorldCoin is extending its reach by enabling governments and private businesses to leverage its controversial iris-scanning and identity-verification technology, Reuters reported.  WorldCoin continues to attract regulatory scrutiny for its tech that is being used...

Robert Kennedy Jr and Ron Paul Agree America Doesn’t Have a Free Market


U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) and former U.S. Representative Ron Paul agree that America does not have a free market. Referencing RFK Jr. stating that America has “a crony corporatist system,” Paul stressed: “He’s right!” RFK Jr. and Ron Paul...

Japan Blockchain Association Urges Tokyo to Overhaul Crypto Tax System


An industry organization in Japan has suggested that the government should reform taxation rules for crypto assets and transactions. Its members are convinced that the current tax regulations hinder growth of the Web3 economy in the country and discourage taxpayers from holding and using...

New Xbox Dashboard Looks Great, Still Has Too Many Ads


Microsoft’s long-awaited dashboard redesign for the Xbox Series X/S is finally rolling out for everyone starting today. It’s a welcome update that lets players highlight their favorite game art while also opening more options to get around the Xbox home menus more quickly. If only it didn’t still...

Ripple vs. SEC — Respite for a Beleaguered Industry


On July 13, 2023, the U.S. District Court for the Southern District of New York (SDNY) finally issued an order in the infamous case brought by the Securities and Exchange Commission (SEC) against the payment settlement system and currency exchange, Ripple Labs, Inc. (Ripple). District Judge Analisa...

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