Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine how the Central Bank of…
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Prominent cryptocurrency-focused firms like Kraken, Galaxy Digital, and Robinhood have joined forces to back the Global Dollar, a regulated yield-bearing stablecoin developed by stablecoin issuer Paxos. According to a Nov.…
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(Bloomberg) — Saudi Arabia’s oil giant Aramco kept up its $31 billion dividend to help feed state coffers, despite rising debt. Most Read from Bloomberg The company, majority owned by…
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The Pakistani government has proposed amendments to the State Bank of Pakistan (SBP) Act to recognize central bank digital currencies (CBDCs) as legal tender. These changes would authorize the central…
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Cryptocurrency News
After SpaceX’s requests, Taiwanese suppliers move manufacturing abroad, sources say
by skolnesBy Francesco Guarascio, Khanh Vu and Ben Blanchard HANOI/TAIPEI (Reuters) – Elon Musk’s SpaceX asked Taiwanese suppliers to transfer manufacturing off the island, leading to some relocating portions of their…
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A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term growth amid economic challenges. Rethinking Retirement: Bitcoin’s Intriguing…
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Vice President Kamala HarrisMegan Varner/Getty Images US stocks fell as investors braced for the US presidential election on Tuesday. Kamala Harris has gained momentum recently, hitting popular Trump trades in…
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The U.S. dollar has been wielded as a “weapon of oppression,” a Russian official argues, accelerating its decline as the world’s reserve currency as BRICS nations pursue currency alternatives. The…
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(Bloomberg) — Asian stocks advanced following a slew of positive headlines from China that supported sentiment. The dollar was steady as the clock ticks down to a tight US election.…
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Bitcoin News
Dangerous Explosion Looms: Medvedev Warns of US Dollar’s Inevitable Collapse
by skolnesA U.S. dollar collapse would trigger catastrophic global upheaval, warns Dmitry Medvedev, describing a looming “explosion” with grave consequences for the entire world economy. Medvedev Warns of Grave Global Havoc…