The BRICS alliance is the largest buyer of gold in three years and is diversifying its central bank reserves from the US dollar-denominated assets like Treasuries and bonds. Gold prices…
John Feffer, the Director of Foreign Policy in Focus at the Institute for Policy Studies, wrote in an opinion piece at Tom Dispatch that the BRICS alliance is a “multopolarism…
BRICS member India on Tuesday announced the launch of a new foreign currency settlement system. The development marks a major step in enhancing India’s standing as a global financial hub.…
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European Central Bank President Christine Lagarde
warned that the EU must close gaps in stablecoin regulation to avoid
destabilizing runs on reserves, Reuters reported. She told lawmakers that both EU and foreign
issuers…
European Central Bank (ECB) President Christine Lagarde urged European Union (EU) lawmakers to impose stringent requirements and safeguards on foreign stablecoins.Lagarde argued they should comply with the bloc’s regulatory standards…
The Commodity Futures Trading Commission — under its ongoing "crypto sprint" to open a wider path for U.S. crypto business — issued an advisory on Thursday that firms residing outside…
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The U.S. Commodities Futures Trading Commission issued new guidance on Thursday for foreign firms, saying they now have a pathway to operating legally in the U.S.The regulator said in a…
The signing of the GENIUS Act into law established the first comprehensive regulatory framework for US-issued stablecoins. Supporters argue it will enhance trust, drive mainstream adoption and bolster the dollar’s…