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BRICS: What Happens if Saudi Arabia Ditches US Dollar for Oil?
Saudi Arabia’s induction into the BRICS alliance threatens the US dollar’s prospects as the de-facto currency for oil…
BRICS: African Countries to Ditch U.S. Dollar & Embrace New Currency?
BRICS is inspiring several developing countries in Africa to ditch the U.S. dollar and trade in their respective…
BRICS: Argentina Ditches US Dollar For IMF Payment, Pays Chinese Yuan
The new BRICS member Argentina paid the Chinese Yuan to settle an IMF payment and not the US…
BRICS Global Trade Rises 56%, Reach $422 Billion
Trade between the five BRICS countries surged 56% in the last five years totaling approximately $422 billion, data…
Dubai Incorporates XRP Into Special Economic Zone
The Dubai International Financial Centre (DIFC) has approved two crypto assets, XRP and Toncoi (TON), to be incorporated…
FTX: Where Will SBF Serve Prison Time?
Sam Bankman-Fried, the co-founder and former CEO of FTX, finds himself in a distressing situation. Following a legal…
ProShares Launches First Short Ether ETF Amid Crypto Volatility
ProShares, a major issuer of exchange-traded funds (ETFs), has introduced the first ETF designed to short ether as…
BRICS: India Can’t Dump US Dollars Anymore To Keep Rupee From Crashing
BRICS member India was accused of market intervention to keep the Rupee from ending at a low against…
BRICS Advancing To Create Non-US Dollar Oil Trade
The BRICS expansion is historic as the alliance inducted six new countries in August during the 15th summit…
PayPal: SEC Issues Subpoena Over Stablecoin
PayPal Holdings, a prominent player in the payment industry, has once again found itself under the regulatory spotlight.…