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Report: Embracer's $2 Billion Deal That Blew Up Was With Saudi Arabia


Embracer Group, the Swedish holding company that’s been buying up everything from Borderlands maker Gearbox Entertainment to the rights to The Lord of the Rings, saw its stock plummet earlier this year when a mystery $2 billion deal collapsed at the last minute. Axios now reports that the partner...

BRICS Is No Joke, Bloc Could Become G7 Counterpart, Experts Say


The BRICS challenge to the world’s established economic order is not a joke, according to experts in the field of international relations. Now that the bloc, which unites leading emerging markets, accounts for over a quarter of the global gross domestic product (GDP), it could become a counterpart...

Today in Crypto: India's Central Bank Proposes AI-powered Conversational Payments System, India Wants to Utilize Crypto to Digitally Sign Documents, UK Recruiting For CBDC Academic Advisory Group


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: India's Central Bank Proposes AI-powered Conversational Payments System, India Wants to Utilize Crypto...

Bank of England Forms Digital Pound Advisory Group to Shape CBDC Design


Announced on the Bank's Website on Wednesday, the Bank of England (BoE) has established a digital pound advisory group named the CBDC Academic Advisory Group (AAG) and is actively seeking specialists to join this group as the nation enters the CBDC design phase. ... Read More: Bank of England Forms...

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...

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