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Reserve Bank of India expanding cross-border payments platform

[Nov 24 5:13 PM] According to the Atlantic Council, 134 countries are currently exploring CBDCs in different phases — including every G20 country.

Putin Signs Law to Advance Cryptocurrency Use in Russia’s International Trade

[Aug 11 11:30 PM] Russian President Vladimir Putin has signed a new law to establish experimental legal frameworks to advance digital technologies, particularly cryptocurrencies, in international trade. The legislation allows for the modification of laws to…

BRICS Expansion to Make West Recognize New World Order, De-Dollarization: UAE Professor

[Aug 11, 2023 5:30 PM] The accession of new members will allow BRICS to push the West to accept changes in international relations, an expert from UAE has been quoted as stating. That’s valid in particular for cross-border trade and de-dollarization, said Mohamed El…

Iran Looking to Replace Dollar With Dinar in $10 Billion Trade With Iraq

[Jul 10, 2023 4:30 AM] Iran’s government considers employing the Iraqi dinar in bilateral trade with Iraq in a bid to further curtail the dominance of the U.S. dollar. The annual turnover between the two neighboring nations exceeds $10 billion with millions of pilgrims…

China and Malaysia to Research AI for Blockchain Applications in Trade

[Jun 19, 2023 2:30 AM] Blockchain developers from Malaysia will be working with Chinese colleagues to utilize artificial intelligence (AI) in foreign trade. The collaboration, which is part of a China-led international research program, aims to speed up cross-border…

BRICS Nations to Encourage Use of Local Currencies in Trade

[Jun 2, 2023 7:30 PM] Countries in the BRICS bloc intend to encourage the use of local currencies in cross-border trade, their foreign ministers revealed. The top diplomats, who met in South Africa, also emphasized the importance of financial inclusion, welcoming new…

Russia to Increase Reliance on National Currencies in Energy Trade, Vows to Move Away From the US Dollar

[Apr 24, 2023 5:30 AM] Russia will increase its reliance on national currencies to settle payments for its energy resources, moving away from the US dollar, according to Russian Deputy Prime Minister Alexander Novak. Novak noted there is a great interest in acquiring…

Dollar Dominance Fading Amid Growing China Trade, Russia Sanctions Risks, Ray Dalio Says

[Apr 20, 2023 4:30 PM] Fewer nations are willing to hold the U.S. dollar as America’s share in the global economy becomes smaller while China’s role in international trade expands, billionaire Ray Dalio noted. The founder of the world’s largest hedge fund also said thatâ€

Brazil And Argentina Don’t Need A Common Currency, They Need Bitcoin

[Feb 22, 2023 7:00 AM] Brazil and Argentina are considering a common trading currency, but that would just perpetuate the economic problems that Bitcoin could solve.This is an opinion editorial by Jack Williams, an undergraduate business administration student and…

Deglobalization And The End Of Trust-Based Money Set The Stage For National Bitcoin Adoption

[Dec 6, 2022 7:00 AM] Breakdowns in global trade and credit call for money that doesn’t depend on trust. Bitcoin is the modern answer for international economics.This is an opinion editorial by Ansel Lindner, a bitcoin and financial markets researcher and the host of…

Bitcoin Is The Solution To The World’s Trade Problems

[Nov 10, 2022 9:50 PM] Global trade needs to be built on an incorruptible standard that has no political or nationalistic affiliation.This is an opinion editorial by Heritage Falodun, a Bitcoin analyst and computer scientist based in Nigeria. I believe humanity deserves…