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Russia, China, and BRICS Nations Plan to Craft a New International Reserve Currency – Economics Bitcoin News

While inflation data in Europe and the U.S. has risen significantly higher last month, Russia and members of the BRICS countries revealed leaders in the five major emerging economies are in the midst of “creating an international reserve currency.” Analysts believe the BRICS reserve currency is meant to rival the

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Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks – Finance Bitcoin News

A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as part of Western sanctions. The developers say their system would not allow the disconnecting of countries and banks. Russian Developers Create SWIFT Substitute Using Blockchain Experts from

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Central African Republic to tokenize the nation’s natural resources

The Central African Republic (CAR) has announced plans to proceed with its ambitious Sango Project by tokenizing access to the country’s abundant natural resources. President Faustin-Archange Touadéra posted a photograph of a statement on his official Twitter account Thursday detailing the next steps in the project. The statement, signed by Minister

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Finance Leaders of G7 Nations Call for Immediate and Comprehensive Regulation of Crypto

The regulation of cryptocurrency is something that continues to be and will continue to be, a topic of contention in the financial world. The recent collapse of LUNA and the UST stablecoin has once again stirred the conversation and has inspired global financial leaders to reconsider the cryptocurrency problem. Finance

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Developing countries love the Metaverse, rich nations not keen: WEF survey

Excitement for the Metaverse and virtual or augmented reality (VR/AR) is much greater in developing countries than in high-income countries according to a survey conducted for the World Economic Forum (WEF).Market research firm Ipsos released the results of the survey on May 25 showing the concept is now widely recognized:

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El Salvador Set To Host 44 Nations To Discuss Bitcoin And Its Future Prospects

El Salvador’s president Nayib Bukele has announced that 44 nations are coming together in El Salvador to discuss Bitcoin. Apart from discussing Bitcoin, significant emphasis will be laid on topics such as financial inclusion, banking the unbanked, digital payments, and El Salvador’s bitcoin rollout and its benefits.  President of El Salvador Nayib

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Russian central bank registers nation’s first digital asset manager

The Bank of Russia has registered tokenization service Atomyze as the country’s first digital asset management company, the central bank officially announced Thursday.According to the announcement, the Bank of Russia has formally deemed the rules of the company’s information system and the platform’s technical implementation as being compliant with the

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