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Nalezeno "Li Finance": 11658

BRICS Bank in Membership Talks With Saudi Arabia, Report Reveals


The development bank set up by the BRICS bloc is negotiating with Saudi Arabia on accepting the country as a member, according to a press report. The talks come as the bank, created as an alternative to similar institutions led by the West, seeks to expand its funding options amid sanctions on...

Trade Bloc of Former Soviet States Ditches Dollar in 90% of Settlements


Trading within a Russia-led regional organization has effectively moved away from the U.S. dollar, according to the deputy head of the Russian government. The use of national currencies in the bloc’s transactions has reached around 90%, the official pointed out. EAEU Replaces Dollar in Trade With...

JP Morgan Chase Files Trademark for Finance-Themed Chatbot in US


JP Morgan Chase has filed a trademark application with the US Patent and Trademark Office for a finance-themed AI chatbot named “IndexGPT.” According to the application filed earlier this month, the tool is intended to assist investors in selecting financial securities and financial...

Putin Believes Decentralization Will Help Global Economy Be More Resilient


Russian President Vladimir Putin has stated that the decentralization of the finance system might benefit the global economy, allowing it to be more resilient in the long run. At the second Eurasian Economic Forum, Putin explained that building this decentralized system would allow for...

Circle Expands Euro-Pegged Stablecoin to Avalanche Blockchain


On Thursday, the stablecoin issuer Circle Financial announced that the euro-pegged crypto asset EUROC is expanding natively on the Avalanche (AVAX) blockchain. According to Circle, several decentralized finance (defi) protocols and projects are supporting the new AVAX-issued EUROC asset....

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