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Policy
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BRICS: Brazil President Lula Suggests a Trading Currency Other Than US Dollar
The prominence of the US dollar seems to be going downhill as BRICS nations steer away from dollar…
House Republicans Agree To Tentative Debt Ceiling Deal
House Republicans have reached an agreement in principle with the White House on raising the debt ceiling. House…
Crypto: Dubai’s Financial Regulator Urges Global Watchdogs to ‘Step Up’ Talks
Several countries across the world have been working on crypto related regulations. Recently, it was affirmed that Hong…
Crypto Market to be ‘Much Bigger’ in the Future: Blockchain.com CEO
The crypto market has been consolidating for more than a fortnight now. Bitcoin has been rangebound between $26k-$27.5k.…
Crypto: EU Watchdogs ‘Advised’ To Curb Leveraged Trading
On Thursday, May 25, the European Systemic Risk Board recommended EU authorities curb leveraged bets on crypto asset…
Norway: Central Bank Urges Authorities to ‘Move Faster’ on Crypto Rules
Several countries from around the world have started establishing regulatory frameworks for crypto assets. A few regions have…
Germany Officially Enters Into a Recession: Report
Germany officially entered a recession in the first quarter of 2023. According to the German statistics office on…
9 Asian Countries Discuss ‘De-dollarization’ in Iran
Members of the Asian Clearing Union (ACU) met in Tehran, Iran for their 51st annual meeting. Members include…
BRICS: Russia & China Speed Up Payment Infrastructure for Currency Settlements
China and Russia are speeding up their “cutting-edge” payment infrastructure technology to settle international trade with the new…
EU Banks May Benefit from Enhanced Access to Stablecoins, Leaked Plans Indicate
The European Commission (EU) aims to simplify the process for commercial banks to hold stablecoins and tokenized assets.…