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Payments in National Currencies Surge to 92% Among SCO Members


Payments in national currencies among Shanghai Cooperation Organization (SCO) members have reportedly increased from 40% in 2022 to 92%, signaling a move away from reliance on the U.S. dollar. Similar to the BRICS economic bloc, the SCO, which includes Russia, China, India, and recently added Iran...

Indonesia and South Korea Sign New Local Currency Agreement to Boost Trade


Bank Indonesia, the Bank of Korea, and South Korea’s Ministry of Economy and Finance have introduced a local currency transaction framework to boost bilateral trade using the rupiah and won. This initiative aims to reduce exchange rate risk and improve transaction efficiency by facilitating...

Gamestarter ties up with Ava Labs and unveils GameChain


Gamestarter inks a calculated deal with Ava Labs on the Avalanche network and simultaneously delivers GameChain, an exclusive game boosted by Avalanche. GameChain is a game-oriented layer 1.  The tie-up is a step in the direction of Gamestarter’s pledge towards creating a robust ecosystem wherein...

HBAR falls 32% as BlackRock denies any business ties to Hedera


The recent debunking of the BlackRock-Hedera collaboration speculations, after the misunderstanding caused the brief rise of Hedera’s digital currency value, has fixed the latest updates to the truth.  In an official statement, BlackRock, a well-known multinational finance corporation...

Worldcoin Executives Meet Malaysian Leaders Amid Privacy Concerns


Sam Altman and Alex Blania engage with top Malaysian officials to strengthen ties following temporary bans in Europe and heightened global scrutiny regarding data privacy concerns. The post Worldcoin Executives Meet Malaysian Leaders Amid Privacy Concerns appeared first on Cryptonews

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