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BRICS: Iran Ditches U.S. Dollar for $10 Billion Trade With Iraq
The government of Iran is considering ditching the U.S. dollar for a $10 billion bilateral trade with Iraq.…
Bank of America Ordered to Pay $250 Million for Illegal Fees and Accounts
Bank of America has officially been ordered to pay $250 million for charging illegal fees to its users…
Microsoft Wins US Court Approval to Acquire Activision Blizzard
Following Federal Trade Commission (FTC) action to halt the acquisition, Microsoft has won US court approval to acquire…
BRICS Returns to the Gold Standard, Puts U.S. Dollar in Danger
The gold standard as reserves was the de facto international monetary system from the 1870s to the early…
Coinbase’s Retail Trade Volume Has Dropped 65% In 3 Years
The cryptocurrency landscape has witnessed numerous changes in recent years, with both positive and negative implications. One such…
China Must Consider ‘Yuan Backed Stablecoins’ Over CBDCs
China has been experimenting with CBDCs for quite some time now. As of the beginning of the year,…
Dubai: VARA Suspends Crypto Exchange BitOasis’ License
Crypto exchange BitOasis was the first exchange to get an operational license in Dubai. However, the Virtual Assets…
Meta’s Threads to Add $8 Billion in Annual Revenue by 2025
The newly announced Twitter alternative, Meta’s Threads is reportedly set to add $8 billion in annual revenue to…
BRICS: America’s Whirlpool Looks To Pay in Chinese Yuan, Not US Dollar
America’s leading home appliance firm Whirlpool is considering settling cross-border transactions in its factory in Argentina using the…
7 Countries Most Likely To Join BRICS Alliance at August Summit
The BRICS alliance is advancing in its motive to challenge the U.S. dollar’s status as the global reserve…