Payments in national currencies among Shanghai Cooperation Organization (SCO) members have reportedly increased from 40% in 2022 to 92%, signaling ...

China Brics Russia Investments

Sep, 01, 2024

by Bitcoin News

BRICS Meeting Highlights Shift to Local Currencies

BRICS Ministers of Foreign Affairs have emphasized using local currencies in trade, reaffirming economic resilience and financial sovereignty. At t...

Brics Economics Trade Local Currencies

Jun, 11, 2024

by Bitcoin News

Former President Donald Trump’s Advisers Explore Penalties for Nations Ditching US Dollar

Former U.S. President Donald Trump’s economic advisers are reportedly devising strategies to deter nations from reducing their reliance on the U.S....

USD Donald Trump US Dollar Brics

Apr, 28, 2024

by Bitcoin News

Dollar Share in Reserves Drops Below 60%, Yuan Rises, Russian Diplomat Says

The share of currencies other than the U.S. dollar and the euro in international reserves is on the rise, according to a Russian representative. Th...

Finance De-dollarization Brics Russia

Sep, 02, 2023

2 min read

by Bitcoin News

Vietnam, the Philippines, and Brunei to Join ASEAN QR Payment System to Reduce Dependence on US Dollar

Vietnam, the Philippines, and Brunei will join a QR payment system to settle cross-border payments using local currencies within the Association of...

Economics Thailand Asean Singapore

Aug, 29, 2023

2 min read

by Bitcoin News