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Policy
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Ahead of Joining BRICS, Iraq Issues Ban on U.S. Dollar Transactions
The Interior Ministry of Iraq issued a ban on U.S. dollar transactions across the country. Iraq is one…
Crypto Trading Should Be Regulated Like Gambling: UK Lawmakers
In a recently published report, the Treasury Select Committee “strongly recommended” retail crypto trading to be treated akin…
European Union Passes Law Requiring Identification for All Crypto Transactions
The European Union’s Markets in Crypto Assets (MiCA) regulation has received final approval from the council. The landmark…
China’s Yuan Sees Record Use in Global Central Banks Swap Lines
A record amount of China’s Yuan was drawn from foreign exchange swap lines by central banks worldwide in…
Can U.S. Government Freeze Bank Accounts Through FedNow? Feds Respond
The Federal Reserve is set to launch the payment service ‘FedNow’ in July ushering in a new era…
G7 Nations to Follow Crypto, CBDC Norms Set by FSB & IMF
The G7 nations have signaled that they will follow the norms set by Financial Stability Board (FSB) and…
BRICS: India & Bangladesh Ditch U.S. Dollar, Trade in Native Currencies
India reached out to several countries in the East that face a U.S. dollar shortfall to trade with…
Texas Introduces Bill to Ban Central Bank Digital Currency (CDBC)
Texas is introducing a bill to ban a central bank digital currency (CBDC) in the state. The bill…
Texas Lawmakers Propose to Include Crypto in Bill of Rights
On May 11, a majority of Texas Lawmakers voted in favor of including people’s right to own, hold…
Europe Agrees On Stricter AI Rules for ChatGPT
The implementation of new laws governing ChatGPT and other AI tools in Europe has moved one step closer.…