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Push to Use National Currencies in SCO Cannot Be Stopped, Russia’s Lavrov Says

6.5.2023
Efforts to transition to trade in national currencies in the Shanghai Cooperation Organization (SCO) can no longer be stopped, according to Russian Foreign Minister Sergey Lavrov. During a meeting with his colleagues in India, Moscow’s top diplomat also discussed the similar initiative within...

Prosecutor says Do Kwon's extradition to South Korea would best serve Terraform Labs' victims: Report

5.5.2023
The former Terraform Labs CEO could face 40 years in jail in South Korea, the country where he committed most of his crimes, according to local authorities

Craig Wright Shows ‘Prima Facie Evidence’ of Contemptuous Conduct, U.S. Judge Says

5.5.2023
The computer scientist who claims to be Satoshi Nakamoto is still engaged in a $143 million dispute over bitcoin ownership

White House to build international standards for DLT

5.5.2023
The White House national strategy listed eight emerging technologies with a focus on building international standards and finding use cases in the economic sector

Iran Seeks BRICS Membership to Counter Western Hegemony, Promote Multipolar World, Says President Raisi

5.5.2023
Iranian President Ebrahim Raisi has condemned the current unipolar world order, emphasizing that Iran plans to join the BRICS group to help create a multipolar world. “Iran wants to have constructive relations with all states on the basis of common interests,” he stressed. Iran Condemns Unipolar...

Biden Aides Explore Minting $1 Trillion Platinum Coin as Solution to Impending Debt Default

4.5.2023
As the United States stares down the barrel of a potential debt default come June, a curious and intriguing solution has emerged: crafting a single $1 trillion platinum coin. This unusual tactic exploits a legal loophole that allows the Treasury Department to mint platinum coins of any value....

Florida Takes a Stand Against CBDCs: Anti-CBDC Bill Receives Overwhelming Support in House and Senate

4.5.2023
In the wake of Florida Governor Ron DeSantis’ remarks in Jacksonville on Tuesday, both the Florida House of Representatives and Senate have approved the state’s anti-central bank digital currency (CBDC) legislation, dubbed SB 7054. The bill explicitly states that should the U.S. central...

Central Bank Digital Currencies Are Unexpectedly Becoming a Presidential Election Issue

4.5.2023
The U.S. has no plans to issue a digital dollar. So why are so many politicians coming out against the idea?

Consensus 2023: Businesses show interest in Web3, despite US regulatory challenges

4.5.2023
Despite negative sentiment toward crypto adoption in the United States, Consensus 2023 attracted thousands of attendees to discuss the potential of blockchain technology and cryptocurrency

Robinhood returns to court to defend position in case brought by US state regulator

3.5.2023
The Massachusetts Securities Division filed a complaint against Robinhood in December 2020 alleging the platform was in violation of the state’s fiduciary duty standards

US lawmakers introduce bipartisan bill proposing ban on members investing in 'financial instruments'

3.5.2023
Representatives Alexandria Ocasio-Cortez and Matt Gaetz — lawmakers diametrically opposed on a variety of issues — joined forces to stop congressional members from trading stocks

Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound on Wednesday, as Fed Meeting Looms

3.5.2023
Bitcoin rebounded from Tuesday’s losses, as all focus in the market turned to today’s United States Federal Reserve rate decision. It is widely expected that the Fed will hike rates by 25 basis points in May’s meeting. Ethereum also moved higher, nearing $1,900 in the process....

Breaking the Barriers of Traditional Banking With Digital Assets

3.5.2023
Another one bites the dust! The banking industry in the United States is in trouble, and regional banks are feeling the squeeze. A number of banks have failed recently due to mismanagement, poor risk management, and other factors which are leading to bailouts and buyouts from large players....

Standard Chartered Analyst: BTC to Surge by $20,000 if the US Defaults on Debt Obligations

3.5.2023
Geoff Kendrick, the head of forex research at the banking institution Standard Chartered, recently said that the price of bitcoin is likely to jump by $20,000 in the event of the United States defaulting on its obligations. According to Kendrick, while bitcoin is likely to surge when the U.S....

Crypto influencer named in FTX lawsuit served via tweet

3.5.2023
A law firm backing an FTX investor suit tagged a crypto influencer in a tweet to serve its lawsuit

Analysts Warn of More Bank Failures, Possible Recession and Global Repercussions Caused by First Republic Bank Collapse

3.5.2023
The recent takeover of First Republic Bank, the fourth U.S. bank to fail this year, has awakened concerns about the possible repercussions this new failure might have on U.S. and international economies. While United States President Joe Biden has assured the public that the banking system remains...

Coinbase Launches International Exchange for Bitcoin and Ether Perpetual Futures

2.5.2023
Coinbase, the San Francisco-based cryptocurrency exchange, recently announced the launch of a new service called Coinbase International Exchange. The new platform will enable institutional users outside of the United States to trade bitcoin and ethereum perpetual futures. The company stated in...