Impact of Digital Assets on Financial Stability Minimal: NY Fed Report Says - The New York Federal Reserve’s report evaluates the financial stability implicatio... - https://news.bitcoin.com/impact-of-digital-assets-on-financial-stability-minimal-ny-fed-report-says/ #digitalassets #globalfinance #finance

> The factors that support #USdollar dominance remain well-entrenched, and meaningful #dedollarization will likely take decades

https://watcher.guru/news/brics-jp-morgan-predicts-the-future-of-the-us-dollar

> #BRICSPay leverages #digitalWallet technology, QR code-based payments and interoperability frameworks that allow users to link directly with their local banks.

https://cointelegraph.com/explained/what-is-brics-pay-and-why-does-it-matter

> #Russia’s plans to construct #Bitcoin mining and #AI computing facilities in #BRICS nations could inspire other nations to tap into state-owned resources to mine Bitcoin, says an industry analyst.

https://cointelegraph.com/news/russia-brics-bitcoin-ai-play-kickstart-game-theory

> #Russia's largest data center operator #BitRiver has partnered with the #Russian Direct Investment Fund to build mining and #AI computing facilities across #BRICS nations.

https://www.forbes.com/sites/digital-assets/2024/10/23/russia-launches-brics-mining-infrastructure-project/

> The expanded #BRICS is indeed a diverse bunch. It includes a Marxist-Leninist superpower and a revanchist authoritarian state. It includes the world’s biggest democracy as well as Latin America’s largest. New members include countries under the U.S. security umbrella and countries under U.S. sanctions. Prospective members could even include NATO countries such as Turkey and global pariahs such as North Korea and Syria.

https://foreignpolicy.com/2024/10/21/brics-russia-china-kazan-summit-west-dollar/

In einer global vernetzten Welt sollten Auslandsüberweisungen doch eigentlich kein Problem sein – oder? Wir haben mit der Soziologin Alexandra Keiner darüber gesprochen, wie Geld Familien über Grenzen hinweg verbindet – und welche Hürden sie dabei oft überwinden müssen.
Zum Interview https://www.weizenbaum-institut.de/news/detail/remittances-unter-verdacht/
#GlobalFinance #Grenzenüberwinden #Remittances #research #sociology #migration

HBO Documentary Claims to Reveal the True Identity of Bitcoin’s Creator Satoshi Nakamoto - According to a Politico report, a new HBO documentary claims to have cracked the m... - https://news.bitcoin.com/hbo-documentary-claims-to-reveal-the-true-identity-of-bitcoins-creator-satoshi-nakamoto/ #pseudonymouscreator #financialmarkets #satoshinakamoto #bitcoincreator #cryptocurrency #hbodocumentary #identityreveal #globalfinance #cullenhoback #newsbytes1 #newsbytes #bitcoin

> The strategy of sidelining the #USdollar and conducting international #trade in national #currencies is going smoothly for the #BRICS block.

> The block highlighted the importance of a shift to a national currency-based trade in 2023, including a pledge to increase their use

https://news.bitcoin.com/brics-beats-dollar-dependence-national-currency-settlements-exceed-usd-payments/

Robert Kiyosaki Predicts Bitcoin Could Hit $500K by 2025, $1M by 2030 - Rich Dad Poor Dad author Robert Kiyosaki has shared his expectation that the price... - https://news.bitcoin.com/robert-kiyosaki-predicts-bitcoin-could-hit-500k-by-2025-1m-by-2030/ #marketsandprices #cryptocurrency #economiccrisis #federalreserve #richdadpoordad #robertkiyosaki #globalfinance #fiatcurrency #jimrickards #investment #inflation #moneygpt #bitcoin #crypto #silver #gold #btc #ai

> JPMorgan CEO #JamieDimon, who recently warned of a US economic crisis amid geopolitical challengers in the form of the #BRICS bloc. Specifically, Dimon recently said he would not rule out #stagflation to hit the United States. Moreover, he noted the fate to be far worse than a #recession.

https://watcher.guru/news/jpmorgan-ceo-warns-of-us-economic-crisis-as-brics-power-grows

> #Turkey has decided to officially bid to join #BRICS, a grouping of some of the world's emerging economies, originally comprised of #Brazil, #Russia, #India, #China and #SouthAfrica

https://www.dw.com/en/will-turkeys-bid-to-join-brics-speed-up-eu-accession/a-70208316

In-Depth Study Reveals Stablecoins as Pivotal Players in Global Finance - As digital economies evolve, stablecoins emerge not just as mere facilitators for ... - https://news.bitcoin.com/in-depth-study-reveals-stablecoins-as-pivotal-players-in-global-finance/ #blockchaintechnology #cross-borderpayments #regulatoryframeworks #financialinclusion #digitalcurrency #emergingmarkets #cryptocurrency #monetarypolicy #globalfinance #stablecoins #featured

Report: Central Bank Gold Demand Surges in July Amid Rising Prices - Central banks globally continued to bolster their gold reserves in July, despite a... - https://news.bitcoin.com/report-central-bank-gold-demand-surges-in-july-amid-rising-prices/ #economicuncertainty #polandgoldpurchase #reservebankofindia #goldaccumulation #worldgoldcouncil #globalfinance #centralbanks #goldreserves #golddemand #news #wgc

BRICS News: Payments in Chinese Yuan Overtake US Dollar by 2.5%, Crypto Payments Next?

https://www.crypto-news-flash.com/brics-news-payments-in-chinese-yuan-overtake-us-dollar-by-2-5-crypto-payments-next/

> #Palestine is expected to submit its application to join the #BRICS, a group of emerging #economies

> #Russian President #Vladimir #Putin promised that one session would be fully devoted to Palestine

https://www.aa.com.tr/en/middle-east/palestine-to-apply-for-brics-membership-after-upcoming-kazan-summit/3313609

> the #Chinese #yuan has outperformed the #US #dollar as the most traded #currency in #Russia.

https://watcher.guru/news/brics-payments-in-chinese-yuan-surpasses-the-us-dollar-by-2-5

> The collective now features nine nations altogether. After its 2023 Summit, #Iran, #Egypt, #Ethiopia, and the #UnitedArabEmirates (#UAE) have joined the bloc. The grouping has already proven successful in its #dedollarization thus far. Since 2002, #usa #dollar reserve have fallen 14% amid #BRICS rise.

https://watcher.guru/news/brics-makes-massive-de-dollarization-announcement

> #Trump has floated the possibility of using #bitcoin to pay off the U.S.'s $35 trillion #debt pile—which is adding $1 trillion every 100 days

https://archive.is/amOTl#selection-2225.2-2227.43

> there are already 159 countries seeking to adopt the system currently. With a potential launch coming in October, it could have massive global market ramifications.

https://watcher.guru/news/159-countries-set-to-adopt-brics-new-payment-system