Cryptocurrency Market

  • Market Cap: $1,701,659,680,776.58
  • 24h Vol: $44,684,671,636.10
  • BTC Dominance: 48.54%

India

top-indian-banker-says-us-dollar-has-‘disproportionate-power’-as-reserve-currency;-retracts-‘biggest-financial-terrorist’-remark

Top Indian Banker Says US Dollar Has ‘Disproportionate Power’ as Reserve Currency; Retracts ‘Biggest Financial Terrorist’ Remark

Uday Kotak, the CEO of Kotak Mahindra Bank, a financial institution based in India, recently expressed his view on the dominance of the U.S. dollar in global financial markets. Kotak stated that the U.S. dollar has “disproportionate power” as a reserve currency, retracting his previous statement in which he referred to the currency as the […]

Top Indian Banker Says US Dollar Has ‘Disproportionate Power’ as Reserve Currency; Retracts ‘Biggest Financial Terrorist’ Remark Read More »

brics-to-promote-national-currencies-before-issuing-common-one

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 them. The establishment of a single currency for the group is not an immediate task at this point in time, the diplomat indicated in an interview. Wider Use of National Fiats of

BRICS to Promote National Currencies Before Issuing Common One Read More »

brics-currencies-to-have-no-alternative,-former-russian-president-medvedev-says

BRICS Currencies to Have No Alternative, Former Russian President Medvedev Says

Fiat currencies of BRICS member states will have no alternative in the future, according to former President of Russia Dmitry Medvedev. Nations in the bloc need to think about their digital forms and a digital currency issued by the group as a whole, the Russian politician said. Ruble, Yuan, Other BRICS Currencies to Take Over

BRICS Currencies to Have No Alternative, Former Russian President Medvedev Says Read More »

brics-‘getting-applications-to-join-every-day,’-attracts-19-requests-before-summit

BRICS ‘Getting Applications to Join Every Day,’ Attracts 19 Requests Before Summit

Over two dozen nations have applied for BRICS membership ahead of its upcoming annual summit, the representative of the hosting nation revealed in an interview. The organization which unites leading emerging economies will discuss its enlargement in early June. BRICS to Talk Expansion as Number of Candidates Continues to Grow The BRICS group of nations

BRICS ‘Getting Applications to Join Every Day,’ Attracts 19 Requests Before Summit Read More »

bank-of-russia-has-stockpiled-reserve-comprised-of-non-us-sanctioned-assets,-governor-states

Bank of Russia Has Stockpiled Reserve Comprised of Non-US Sanctioned Assets, Governor States

Elvira Nabiullina, governor of the Bank of Russia, has affirmed the bank has stockpiled reserves in assets that are not susceptible to being affected by U.S. sanctions. The official clarified that Russia has built a “safety cushion” in these assets while it continues working on creating new reserves in non-U.S. sanctioned assets. Russia Built Bank

Bank of Russia Has Stockpiled Reserve Comprised of Non-US Sanctioned Assets, Governor States Read More »

russia-negotiating-free-trade-deal-with-india-to-facilitate-imports-in-the-face-of-sanctions

Russia Negotiating Free Trade Deal With India to Facilitate Imports in the Face of Sanctions

Russia is in the process of negotiating a free trade deal with India in order to substitute part of the products and investments that were banned by sanctions enacted after the Ukrainian conflict erupted. Russia is now the largest oil supplier of India, with the country taking advantage of the discounted Russian crude. Russia and

Russia Negotiating Free Trade Deal With India to Facilitate Imports in the Face of Sanctions Read More »

iran-top-security-official-believes-recent-de-dollarization-efforts-will-doom-‘illegal-western-sanctions’-to-failure

Iran Top Security Official Believes Recent De-Dollarization Efforts Will Doom ‘Illegal Western Sanctions’ to Failure

Ali Shamkhani, secretary of the National Security Council of Iran, has stated that the recent bilateral cooperation efforts between his country and Russia are contributing to rendering U.S.-established sanctions useless at a global level. The official noted that many other countries are also in this course of action — abandoning the hegemony of the U.S.

Iran Top Security Official Believes Recent De-Dollarization Efforts Will Doom ‘Illegal Western Sanctions’ to Failure Read More »

india-seeks-common-crypto-framework-for-all-countries-to-deal-with-‘many-collapses-and-shocks-in-cryptocurrencies’

India Seeks Common Crypto Framework for All Countries to Deal With ‘Many Collapses and Shocks in Cryptocurrencies’

India’s finance minister, Nirmala Sitharaman, said during her official visit to the U.S. that crypto regulation is a very important part of the discussion by the G20 countries given “so many collapses and shocks in cryptocurrencies.” She stressed: “We seek to develop a common framework for all countries to deal with this matter.” India Seeks

India Seeks Common Crypto Framework for All Countries to Deal With ‘Many Collapses and Shocks in Cryptocurrencies’ Read More »

us-president-joe-biden-extends-sanctions-against-russia,-has-argued-alternatives-would-involve-waging-third-world-war

US President Joe Biden Extends Sanctions Against Russia, Has Argued Alternatives Would Involve Waging Third World War

U.S. President Joe Biden decided to extend the sanctions that the U.S. government enacted against Russia for one more year, arguing that the country continues to pose a threat to the security of the nation. Biden had talked about these sanctions before, explaining that the only option besides enacting them would involve a direct international

US President Joe Biden Extends Sanctions Against Russia, Has Argued Alternatives Would Involve Waging Third World War Read More »

saudi-arabia-strengthens-bond-with-china-by-joining-sco-bloc-as-dialogue-partner

Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner

China’s relationship with Saudi Arabia is growing as the country’s Cabinet has agreed to join the Shanghai Cooperation Organization (SCO). The diplomatic move made by the kingdom began with a memorandum of understanding in September, and at the end of March, Saudi Arabia’s Cabinet approved the decision to become a dialogue partner. The Cabinet’s decision

Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner Read More »