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Iran Backs Russia on BRICS Single Currency Initiative

Iran Backs Russia on BRICS Single Currency InitiativeIran plans to support Russia’s initiatives on creating a BRICS single currency and expanding national currency payments within the bloc, according to Iran’s Ambassador to Moscow, Kazem Jalali. The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring the creation of a new currency to reduce reliance on the U.S. dollar and mitigate […]

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

Push to Use National Currencies in SCO Cannot Be Stopped, Russia’s Lavrov Says

Push to Use National Currencies in SCO Cannot Be Stopped, Russia’s Lavrov SaysEfforts to transition to trade in national currencies in the Shanghai Cooperation Organization (SCO) can no longer be stopped, according to Russian Foreign Minister Sergey Lavrov. During a meeting with his colleagues in India, Moscow’s top diplomat also discussed the similar initiative within BRICS. Sergey Lavrov Convinced SCO Countries Will Switch to National Currencies, Won’t […]

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

Venezuelan President Nicolas Maduro Signals Support for Single Currency in Latam, Calls for Crypto Inclusion

Venezuelan President Nicolas Maduro Signals Support for Single Currency in Latam, Calls for Crypto InclusionNicolas Maduro, president of Venezuela, has expressed his support for the adoption of a new common currency for Latam in the latest meeting of the Workgroup of the Sao Paolo Forum. Maduro stated that this would be an important step for the construction of a common economic space, that would also include cryptocurrency as an […]

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets