Valentina Matvienko, Chairman of the Russian Federation Council, talked about the role of national digital currencies, also known as CBDCs, in increasing the use of national currencies in BRICS trade. Matvienko stated that a hypothetical BRICS bridge, a joint payment system, would leverage the digital currencies of all the bloc states. Russian Senate Chairman Profiles […]
German Government Now Holds Less Than 10K BTC, Iran Proposes to Link All BRICS Payment Systems, and More — Week in Review
Iran’s Foreign Affairs Ministry has proposed linking BRICS countries’ payment systems for seamless national currency transactions. Meanwhile, Germany’s government reduced its Bitcoin holdings by over 3,000 BTC, now holding under 10,000. AI chatbots predict Bitcoin’s year-end price could reach between $ 50,000 and $ 100,000. In Zambia, new guidelines may outlaw foreign currency …
Iran Proposes to Link All BRICS Payment Systems
The spokesperson for the Ministry of Foreign Affairs of the Islamic Republic of Iran Nasser Kanani has proposed to link the payment systems of all the countries of the BRICS bloc, allowing for seamless settlements between these. Kanani stated that the conditions have been created for this to happen, as payments between these countries are […]
Tangem Partners With Visa to Launch Self-Custodial Crypto Payment Card
Hardware wallet firm Tangem AG is collaborating with Visa to launch a self-custodial payment solution. This collaboration introduces a Visa payment card integrated with a hardware wallet, allowing Tangem users to make payments using their crypto or stablecoin balances at any Visa-accepting merchant across Europe. Unlike traditional custodial solutions, Tangem’s card embeds a private key […]
Bitcoin Technical Analysis: Mt Gox Payment News Rattles Markets
Bitcoin’s price action on June 24, 2024, indicates a clear bearish trend. Hovering around $ 61,171, bitcoin has fluctuated between $ 60,580 and $ 64,384 in the past 24 hours. BTC’s market cap is $ 1.21 trillion, with a trading volume of $ 19.12 billion, reflecting significant market activity despite …