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Policy
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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.…
FedNow Will Take on BRICS As Global Currency War Intensifies
BRICS nations are looking to replace the U.S. dollar with a new currency to settle trade on the…
U.S. Inflation Falls to 4.9%, Lower Than Expectations
The United States CPI (Consumer Price Index) data for the month of April is in. According to the…
Ripple Has Spent $200 Million To Defend Against SEC: CEO
According to CEO Brad Garlinghouse, Ripple has spent $200 million defending itself in the lawsuit filed by the…