Tag: common currency
Navigating APAC’s Financial Transformation for Customer and Competitive Gains – Fintech Singapore
In a region experiencing rapid digitalisation, Asia-Pacific is projected to lead global cashless transaction growth and surpass 50% of the world’s volumes, according to...
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China Declares Support for Massive BRICS Expansion As Countries Push to Challenge US Dollar – The Daily Hodl
China says it’s fully backing a major expansion of the global economic alliance known as BRICS.
The country is ready to “bring more like-minded partners”...
7 Presidential Candidates Have Dropped Clues About Their Crypto Stance – BitcoinWorld
The upcoming 2024 presidential election in the United States is set to have a significant impact on the cryptocurrency market. As...
Brazil’s New President Says BRICS Should Launch Global Currency, Highlights Plan to Boost Business With China – The Daily Hodl
Brazilian President Luiz Inácio Lula da Silva says he believes a group of five nations collectively known as BRICS should create its own common...
Regulation Key To Solutions Crypto Could Offer To The De-dollarization Debate
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During the 42nd Association of Southeast Asian Nations (ASEAN) summit in Labuan Bajo, Indonesia, from 10-11 May 2023, the ASEAN leaders...
10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies – Economics Bitcoin News
The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of...
South African Minister Tells BRICS Nations Not to Rush Decision on Common Currency
The South African minister of international relations, Naledi Pandor, has urged Brazil, Russia, India, China and South Africa (BRICS) countries to be wary of...
BRICS Leader Says Talks on New Global Currency Incoming As Countries Question US Dollar Reliance: Report
South Africa’s foreign minister says a group of economically-aligned nations known as BRICS will examine whether a new global currency would effectively allow them...
Dave Ramsey Dismisses De-Dollarization Concerns — Says BRICS Currency, Chinese Yuan Can’t Take Down US Dollar
Personal finance expert and best-selling author Dave Ramsey has dismissed de-dollarization concerns and the prospects of a BRICS currency, the Chinese yuan, or...
Argentine Foreign Minister Says a Latin American Common Currency Would Relieve Argentina’s Stress on the Dollar Issue
Argentine Foreign Minister Santiago Cafiero referred to the advantages the issuance of a Latin American common currency would give Argentina. Cafiero stated that...
BRICS to Promote National Currencies Before Issuing Common One
The BRICS bloc is now focused on expanding the use of the currencies of its members, according to the representative of one of...
Putin: US Policies Will Backfire, Russia to Expand Relations With Countries in Eurasia, Africa, Latin America
Russia’s president, Vladimir Putin, has slammed the actions of the elites in the U.S. and Europe, stating that they do not always act...
Indonesia Is Following BRICS De-Dollarization Lead, Says Central Bank Governor
Indonesia is following the BRICS’ lead in de-dollarization and shifting away from the U.S. dollar in trade settlements and financial transactions, according to...
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