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The BRICS bloc is presently concentrated on expanding the usage of the currencies of its members, according to the representative of one of them. The establ...

Cryptocurrency may be bad for investors but it can be usable in international settlements, according to a topmost government official in Moscow. Russian aut...

HM Treasury was directed to spot challenges that may require refinement, but the fundamental principles of its approach were heartily welcomed. The deadli...

The IMF's Kristalina Georgieva told wholesale CBDCs, on the different hand, have “ fairly little space for undesirable surprises. ”  A myriad of unfo...

The chairman of the State Duma Committee on the Financial Market says that an agreement on the BRICS currency can be handed in 2023 as BRICS countries ramp ...

Uday Kotak, the CEO of Kotak Mahindra Bank, a financial institution grounded in India, newly expressed his perspective on the dominance of the U.S. dollar i...

Authorities in Iran are taking ways to make crypto payments simple for companies importing goods in the sanctioned country. A dedicated platform has been es...

Following a quarter-point rise in the federal funds rate by the Federal Reserve on Wednesday, precious metals similar to silver and gold experienced a surge...

The U.S. Federal Reserve, in conjunction with the Federal Open Market Committee (FOMC), published on Wednesday that the central bank would increase the fede...

The latest version of the legislation included limiting the Federal Reserve from utilizing the U.S. state as a potential testing ground for its own CBDC pil...