“The seeds of a currency war are already being sown,” an expert has warned, as Trump’s policies risk inflaming devaluations, dollar volatility, and global economic instability. Currency Wars Loom as Trump’s Policies Threaten Global Market Stability Nigel Green, CEO of the wealth management advisory firm Devere Group, has raised concerns about the growing likelihood of […]
Tax Reduction, Currency Competition, and Nuclear Energy: Milei Defines Second Year Roadmap
Argentine President Javier Milei delivered a speech detailing his administration’s plans for its second year in office. The leader stated that he would slash 90% of national taxes, implement a currency competition scheme, and even introduce nuclear energy to the country. Milei Year Two: Nuclear Energy, Tax Reduction, and Free Currency Circulation Argentine President Javier […]
Dedollarization Is Not Our Objective: India Clarifies Currency Goals
ndia rejects de-dollarization narratives, with the Reserve Bank of India (RBI) prioritizing local currency trade agreements to shield its economy from dollar volatility and global uncertainties. RBI Denies Dedollarization Goals, Focuses on Securing Indian Trade Reserve Bank of India (RBI) Governor Shaktikanta Das clarified India’s stance on global currency discussions during a post-monetary policy press […]
Former Federal Reserve President Says ‘Nothing Good’ Comes From Making BTC a Reserve Currency
A former New York Federal Reserve governor said there are no advantages to making bitcoin (BTC) a government reserve currency. No Exit Strategy Bill Dudley, the former president of the Federal Reserve Bank of New York, argues that there are no advantages to making bitcoin (BTC) a government reserve currency. Dudley, who currently chairs the […]
Brazil Groups Stablecoins With Foreign Currency in New Regulatory Draft
The Central Bank of Brazil has opened a public consultation on a regulatory draft that correlates the treatment of dollar-pegged stablecoins with foreign currency. The proposed rules, which will now be discussed with relevant stakeholders in the national cryptocurrency ecosystem, would require exchanges dealing in stablecoins to obtain two different operating licenses: one as a […]