A new report from the Bank for International Settlements (BIS) challenged the notion that stablecoins can serve as money in a modern financial system.According to the BIS Annual Economic Report…
The number of nations supporting de-dollarization has grown significantly over the past 10 years. Several countries are tired of the US dollar’s role as the main global currency. An increasing…
The chief executive of financial services titan JPMorgan Chase is issuing a warning about the US dollar, saying that it may fail as a reserve currency under certain conditions.
In a…
The US pressed sanctions on Russia in February 2022 after they invaded and waged war on their neighboring country Ukraine. The sanctions were aimed at stalling Russia’s growth and bringing…