Norway’s central bank is on track to decide by 2025 whether to adopt a central bank digital currency (CBDC), but officials stress there’s no urgency. Despite Norway’s cashless society, with …
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Bitcoin News
Iran Warns BRICS of ‘Big Threat’ From Western Payment Systems, Vows to End Dependence
by skolnesIran has called for BRICS nations to reduce their reliance on Western financial systems, warning of the risks posed by such dependence. Addressing the BRICS summit in Russia, Iran’s president …
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Coinbase’s layer-2 network Base is set to launch the fault-proof system, allowing users to independently confirm the validity of withdrawals. Ethereum-based network Base will integrate Optimism‘s fault-proof system — also …
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Capitalism, in its purest form, is often misunderstood, mainly due to the presence of government intervention in today’s economies. The free market, which thrives on voluntary exchanges and limited government …
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(Bloomberg) — European equities were set to emulate Asia’s lackluster session as concerns on China’s economy and a tight US presidential election dented risk sentiment. The yen halted a three-day …
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(Bloomberg) — Bitcoin’s classification as a so-called Trump trade is starting to jar with wider shifts in global markets attributed in part to the possibility of the former president’s return …
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Russia pushed for the creation of a BRICS platform to trade precious metals and diamonds at the BRICS Summit, criticizing excessive global trade regulations. President Vladimir Putin emphasized the need …
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Bitcoin’s difficulty has soared once again at block height 866,880, reaching a record-breaking 95.67 trillion. Meanwhile, the network’s computational power is keeping pace, operating at a blazing 729.13 exahash per …
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Bitcoin News
Global Finance Faces a Shift as Mbridge Digital Currency Platform Challenges US Dollar
by skolnesThe People’s Bank of China emphasized the Mbridge platform’s role in improving cross-border payments through the use of central bank digital currencies (CBDCs), aiming to reduce inefficiencies and avoid new …
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Cryptocurrency News
The stock market is flashing a signal that’s previously preceded a 10% slump, Citi says
by skolnesThe Wall Street subway stopGetty images Investors’ exposure to the S&P 500 is the highest since mid-2023, Citi strategists said. They said that level of exposure at that time was …
