Russian Finance Minister Anton Siluanov believes that the policies of the US and its Western allies are affecting the role of the U.S. dollar as a reserve currency. Siluanov stated that while the U.S. dollar will remain popular, the BRICS bloc will develop a solution using digital financial assets to replace it. Russian Finance Minister […]
The blockchain-based Liberland Congress election results were announced, marking a new era for the micronation. Tron founder Justin Sun emerged as the winner and has been appointed as acting Prime Minister by Liberland President Vít Jedlička. Justin Sun Elected as Liberland Congress Speaker, Appointed Acting Prime Minister The Liberland congressional election, conducted entirely through blockchain […]
Zhu Guangyao, China’s former vice minister of Finance, has called on the country to continue researching crypto as the US changes its attitude towards the asset class. During the 2024 Tsinghua PBOC Chief Economist Forum, Guangyao stated that crypto should be studied “because it is a crucial aspect of the development of the digital economy.” […]
Russian Interior Minister Vladimir Kolokoltsev has revealed that cybercrime damage in Russia has surpassed $ 1.25 billion so far this year, with both individuals and organizations, including government bodies, as frequent targets. He highlighted that cybercrime now represents 40% of all crimes in the country, rising to 60% in serious cases. Cybercrime Costs Russia …
Bandar Alkhorayef, Saudi Minister of Industry and Mineral Resources, stated that while the petroyuan – the use of the Chinese currency to settle oil shipments – was not “substantial to the ministry,” the country was open to new ideas, trying not to mix politics and commerce. This hints at the yuan’s adoption for this purpose. […]