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South African Regulator Grants 248 Crypto Licenses, Rejects 9 Applications

South African Regulator Grants 248 Crypto Licenses, Rejects 9 ApplicationsThe South African financial regulator has issued 248 of the crypto asset service provider licenses it has received to date. 9 Applications Rejected The South African financial regulator, the Financial Sector Conduct Authority (FSCA), has issued a total of 248 crypto asset service provider (CASP) licenses from the 420 applications it received. According to a […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

South Africa Says BRICS Has No Plans To Create New Currency After Trump Issues Warning Against Dedollarization: Report

South Africa Says BRICS Has No Plans To Create New Currency After Trump Issues Warning Against Dedollarization: Report

Reports on a new BRICS currency designed to compete against the US dollar are fundamentally false, according to leaders in South Africa. In a statement, South Africa’s Department of International Relations and Cooperation (DIRCO) says BRICS is not working on a currency that could be used as an alternative to USD, reports Bloomberg. According to […]

The post South Africa Says BRICS Has No Plans To Create New Currency After Trump Issues Warning Against Dedollarization: Report appeared first on The Daily Hodl.

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

South Africa Seeks Input on National AI Policy Framework

South Africa Seeks Input on National AI Policy FrameworkThe South African government has published a National Artificial Intelligence (AI) Policy Framework, which aims to guide the development and adoption of AI in the country. The framework outlines strategic pillars, including talent development, digital infrastructure, research, and innovation, as well as ethical considerations, such as transparency, accountability, and fairness. The policy framework is open […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Brazil Pushes BRICS to Shift From US Dollar, Advocating National Currencies in Global Trade

Brazil Pushes BRICS to Shift From US Dollar, Advocating National Currencies in Global TradeBrazil pushes for a shift away from the U.S. dollar within the BRICS alliance, advocating for more use of national currencies in trade among member countries. As the group expands, discussions on alternative payment platforms are gaining momentum ahead of the BRICS summit in Kazan. Brazil aims to advance this initiative during its 2025 chairmanship, […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

North Korea Signals Closer BRICS Relations Amid Growing Russia Ties

North Korea Signals Closer BRICS Relations Amid Growing Russia TiesNorth Korea may be ramping up efforts to align itself with the BRICS economic bloc, as its top diplomat skipped the United Nations General Assembly in favor of a BRICS-related event. Analysts suggest that while Kim Jong-un seeks to break diplomatic isolation through such alliances, North Korea’s sanctions and economic constraints make membership unlikely. Recent […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

BRICS Beats Dollar Dependence: National Currency Settlements Exceed USD Payments

BRICS Beats Dollar Dependence: National Currency Settlements Exceed USD PaymentsThe BRICS bloc might have already overcome its dollar-dependence problem, as the volume of settlements in the national currencies of its member nations has already surpassed the USD-based exchanges. Using the U.S. dollar can lead to expenses that can be avoided when paying with other currencies, BRICS Deputy Chairman of the Chamber of Commerce and […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

BRICS Gains Global Appeal as 34 Countries Show Interest, Putin Reveals

BRICS Gains Global Appeal as 34 Countries Show Interest, Putin RevealsRussian President Vladimir Putin revealed that 34 countries have shown interest in joining BRICS activities, highlighting the global appeal of the group. He detailed Russia’s role in facilitating the integration of new members, sharing updates on BRICS activities under Russia’s chairmanship. 34 Countries Show Interest in BRICS, Putin Says Russian President Vladimir Putin said on […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

China and South Africa Boost BRICS Ties: Key Outcomes from Xi’s Meeting With Ramaphosa

China and South Africa Boost BRICS Ties: Key Outcomes from Xi’s Meeting With RamaphosaChina and South Africa committed to deepening cooperation within the BRICS framework during South African President Cyril Ramaphosa’s second state visit to China, where he met with Chinese President Xi Jinping. The leaders emphasized the importance of expanding BRICS and enhancing economic coordination to support sustainable development. China and South Africa Reaffirm Commitment to Strengthening […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Turkey Seeks to Join BRICS to Strengthen Global Influence

Turkey Seeks to Join BRICS to Strengthen Global InfluenceTurkey has reportedly formally requested to join the BRICS economic bloc to expand its global influence and establish new alliances beyond its traditional Western partners. Turkish President Recep Tayyip Erdogan’s administration views the shifting geopolitical landscape as an opportunity to strengthen ties with both Eastern and Western nations while remaining committed to NATO. Erdogan emphasized […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

BRICS Countries Deem US Dollar Less Important in Global Trade, Says Indian Expert

BRICS Countries Deem US Dollar Less Important in Global Trade, Says Indian ExpertThe vice chairman of the BRICS Chamber of Commerce and Industry, Sameep Shastri, has highlighted the economic bloc’s shift away from reliance on the U.S. dollar, opting instead to trade using their national currencies like the Russian ruble, Indian rupee, and Chinese yuan. He underscored the importance of economic self-reliance and the challenge to Western […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy