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Iraq Ready To Join BRICS After Banning Cash Withdrawals in US Dollar
Iraq’s Prime Minister Mohammed Shia Al Sudani has informally expressed his interest in joining the BRICS alliance. The…
Mastercard Completes Trial Wrapping CBDCs on Different Blockchains
Payments giant Mastercard recently concluded a trial demonstrating the viability of wrapping central bank digital currencies (CBDCs) on…
US Inflation Remains at 3.7%
The Bureau of Labor Statistics (BLS) Consumer Price Index (CPI) data has shown that US inflation has kept…
Bankman-Fried: Alameda Research Borrowed $13B From FTX
Amid the ongoing trial of Sam Bankman-Fried, testimony from Caroline Ellison uncovered that Alameda Research had borrowed more…
Circle Partners With Philippines Exchange to Boost USDC Remittances
Global stablecoin firm Circle announced a new partnership with leading Philippine crypto platform Coins.ph to drive the adoption…
BRICS: US Dollar Outperforms 20 Currencies in a Month
The US dollar is on a winning streak as it dethroned nearly 20 leading global currencies this month.…
US Economy: Americans Saved Up An Extra $1.3 Trillion
The latest revised Bureau of Economic Analysis data calculated that the average American household excess savings is higher…
JPMorgan Debuts Blockchain Settlement For BlackRock-Barclays
JPMorgan Chase & Co. has debuted its first blockchain collateral settlement system. JPMorgan’s Tokenized Collateral Network (TCN) was…
IMF Predicts the Future of the U.S. Economy
The U.S. economy is on a gloomy spot as inflation is yet to be brought under 2% and…
BRICS: Malaysia Announces To Eliminate the US Dollar For Global Trade
Malaysia is following in the footsteps of BRICS in a mission to uproot the hegemony of the US…