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Russia talks up prospects of BRICS countries developing new currency

A new world order could be emerging as economic powerhouses increase their efforts to distance themselves from US dollar hegemony.According to reports, a top Russian official has claimed that the BRICS alliance is working on creating its own currency. BRICS is an acronym for five leading emerging economies: Brazil, Russia,

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How blockchain empowers women in developing economies

Poised in the world market as a technology-first economy, Indian firms are rapidly investing in blockchain technologies to create new job opportunities. Cryptocurrency exchange WazirX on March 2, 2023, published its survey of 400 female crypto holders in India and concluded an uptrend among women entering crypto investing.  However,

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IMF Board Offers Guidance for Developing Effective Crypto Policies – Regulation Bitcoin News

The executive board of the International Monetary Fund (IMF) has provided guidance for member countries to develop effective crypto policies. The board stressed the need to develop comprehensive crypto regulations to “better mitigate the risks posed by crypto assets while also harnessing the potential benefits of the technological innovation.” IMF

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Developing Global Crypto Regulation Is a Priority for G20 Under India’s Presidency – Regulation Bitcoin News

The Reserve Bank of India (RBI) says one of the priorities for the G20 under India’s presidency is to “develop a framework for global regulation, including the possibility of prohibition, of unbacked crypto assets, stablecoins, and defi.” The Indian central bank warned that “turmoil in crypto assets market” is among

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