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Nalezeno "National": 2008

China Wants the Digital Yuan to Be Ubiquitous in Retail Payments Arena

6.9.2023
China is pushing for universal national adoption of the digital yuan, with People’s Bank of China’s (PBOC) officials stating the currency should be available for all retail payment scenarios. The recent introduction of a standard for QR-based payment codes is part of this move, which...

France’s Data Watchdog Conducts Checks at Worldcoin Office in Paris

3.9.2023
The French body overseeing the protection of personal data has carried out “checks” at the Paris office of Worldcoin. The news of the French inspections comes amid heightened regulatory pressure on the cryptocurrency project co-founded by the current chief executive of Chatgpt developer Openai....

Dollar Share in Reserves Drops Below 60%, Yuan Rises, Russian Diplomat Says

2.9.2023
The share of currencies other than the U.S. dollar and the euro in international reserves is on the rise, according to a Russian representative. The trend is being observed as a growing number of countries try to use their national currencies in foreign trade settlements, the official noted. Russia...

S&P Downgrades 5 Regional US Banks Amid Challenging Banking Environment 

24.8.2023
On Monday, S&P Global Ratings slashed ratings for five U.S. regional banks, pointing to the strenuous operating atmosphere plaguing the sector since the year’s outset. The impacted banks include Associated Banc Corp., Comerica Inc., KeyCorp, UMB Financial Corp., and Valley National...

Fort Solis: The Kotaku Review

23.8.2023
Fort Solis feels like running into a barely-remembered ex at the grocery store—nice to look at and unbearably boring. Through its sprightly voice actors’ sheer will, the third-person adventure game sometimes succeeds in its aim to shock you, to do Mars à la Denis Villeneuve, but its story...

Is inclusion of Blockchain technology in national economies on horizon?

23.8.2023
Blockchain technology is a platitude that has no real meaning that a layman can easily comprehend and use. People are consistently hearing terms like blockchain technology, cryptocurrencies, and smart contracts and are using them synonymously without getting a hold of the real meaning. However...

BRICS Not Focusing on Creating Common Currency, Indian Official Says

22.8.2023
A top Indian official has downplayed the creation of a shared BRICS currency. Emphasizing that “common currency discussions have several prerequisites before you can even talk about a common currency framework,” the official stressed that the BRICS nations have focused on boosting settlements...

BRICS Expansion Will Speed Up De-Dollarization, Chinese Expert Says

20.8.2023
As more countries join the BRICS economic bloc, there will be a significant increase in settlements using national currencies, leading to an acceleration in the de-dollarization process, a Chinese expert says. “For most developing countries, development is a top priority. That is why the BRICS...

BRICS Bank Issues First ZAR Bonds as It Looks to Use Local Currencies

18.8.2023
The New Development Bank (NDB), established by the BRICS bloc of emerging economies, has issued its first bonds denominated in South African rand (ZAR). The auction, which was closed on Tuesday, is part of the bank’s efforts to increase both fundraising and lending in local currencies. Development...

US Dollar to Remain Major Global Currency, South Africa’s BRICS Sherpa Says

17.8.2023
BRICS plans to discuss trade in national currencies at its summit but de-dollarization is not on the agenda, South Africa’s BRICS Sherpa stated. The talks in Johannesburg next week will also focus on the expansion of the bloc of emerging economies and the diplomat doesn’t see this as a challenge...

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