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White House Says US Policy Allows Partners to Seek BRICS Membership


The White House has affirmed that U.S. policy does not ask partners to choose between the U.S. and other countries, including the BRICS nations. “The U.S. does not want to limit countries’ partnership with other countries,” said Press Secretary Karine Jean-Pierre. More than 40 countries have...

Blockchain Australia CEO highlights repercussions to Government actions


LUNA tanked 99.7% in 2022. The entire crypto ecosystem crashed in a couple of days. The result was that users either ended up losing their money or had to incur heavy losses. This triggered regulators across the globe to start drafting stricter laws for crypto ventures. This has been taken with...

China’s Central Bank: Digital Yuan Transactions Reach $250 Billion


China’s central bank governor has revealed that transactions using the country’s central bank digital currency (CBDC) reached 1.8 trillion yuan ($250 billion) at the end of June. In addition, the People’s Bank of China (PBOC) official stated that digital yuan in circulation amounted...

Crypto-Based Bank Receives Support from Myanmar's Shadow Government


Myanmar is all set to launch its first fully crypto-based banking institution, the Spring Development Bank, on July 22.  The Spring Development Bank, named after the Spring Revolution, aims to grant the country’s shadow government National Unity Government (NUG) access to financial services...

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