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CATEGORY: international trade


Feb 22, 2023 06:15

Brazil And Argentina Don’t Need A Common Currency, They Need Bitcoin

Brazil and Argentina are considering a common trading currency, but that would just perpetuate the economic problems that Bitcoin could solve.

Blockchain-based supply chain platform canned by IBM and Maersk

Author: Cointelegraph By Brayden Lindrea
United States
Nov 30, 2022 08:20

Blockchain-based supply chain platform canned by IBM and Maersk

Although the TradeLens platform will officially go offline in Q1 2023, Maersk said it's not given up its effort to digitize the supply chain industry.

Oct 04, 2022 06:05

Russia To Allow International Trade In Bitcoin, Crypto For Any Industry: Report

A director for Russia’s Ministry of Finance stated the country is seeking a non-restrictive policy for using bitcoin and crypto in international trade.

Sep 22, 2022 06:10

Russia One Step Closer To Using Bitcoin, Crypto In International Trade as Central Bank, Finance Ministry Agree On Draft Bill

The two regulators have agreed on a draft bill saying that using bitcoin and cryptocurrencies is necessary for international trade amid the current climate.

Apr 21, 2023 05:50

Dollar Dominance Fading Amid Growing China Trade, Russia Sanctions Risks, Ray Dalio Says

Fewer nations are willing to hold the U.S. dollar as America’s share in the global economy becomes smaller while China’s role in international trade expands, billionaire Ray Dalio noted. The founder of the world’s largest hedge fund also said that Western sanctions on Russia have highlighted new risks of keeping dollar assets. ‘Dollar Is Debt,’ [...]

The post Dollar Dominance Fading Amid Growing China Trade, Russia Sanctions Risks, Ray Dalio Says appeared first on Crypto Breaking News.

Jun 19, 2023 01:20

China and Malaysia to Research AI for Blockchain Applications in Trade

Blockchain developers from Malaysia will be working with Chinese colleagues to utilize artificial intelligence (AI) in foreign trade. The collaboration, which is part of a China-led international research program, aims to speed up cross-border transactions. Malaysia and China to Conduct AI Research for Trade Applications of Blockchain Technology Zetrix, Malaysia’s public blockchain platform developer, and

The post China and Malaysia to Research AI for Blockchain Applications in Trade appeared first on BTC Ethereum Crypto Currency Blog.

 Reserve Bank of India expanding cross-border payments platform

Author: Cointelegraph by Vince Quill
United States
Nov 25, 2024 12:00

Reserve Bank of India expanding cross-border payments platform

According to the Atlantic Council, 134 countries are currently exploring CBDCs in different phases including every G20 country.

Aug 12, 2023 05:50

BRICS Expansion to Make West Recognize New World Order, De-Dollarization: UAE Professor

The accession of new members will allow BRICS to push the West to accept changes in international relations, an expert from UAE has been quoted as stating. That’s valid in particular for cross-border trade and de-dollarization, said Mohamed El Yattioui, professor at the American University in the Emirates. BRICS Bloc to Benefit From Inducting New [...]

The post BRICS Expansion to Make West Recognize New World Order, De-Dollarization: UAE Professor appeared first on Crypto Breaking News.

Jul 10, 2023 02:10

Iran Looking to Replace Dollar With Dinar in $10 Billion Trade With Iraq

Iran’s government considers employing the Iraqi dinar in bilateral trade with Iraq in a bid to further curtail the dominance of the U.S. dollar. The annual turnover between the two neighboring nations exceeds $10 billion with millions of pilgrims and health tourists crossing the border each year. Iran and Iraq Can Reduce Dollar Dominance by [...]

The post Iran Looking to Replace Dollar With Dinar in $10 Billion Trade With Iraq appeared first on Crypto Breaking News.

Jun 03, 2023 05:50

BRICS Nations to Encourage Use of Local Currencies in Trade

Countries in the BRICS bloc intend to encourage the use of local currencies in cross-border trade, their foreign ministers revealed. The top diplomats, who met in South Africa, also emphasized the importance of financial inclusion, welcoming new technologies that support it. BRICS to Stimulate Trade Transactions in Local Currencies The BRICS group of the largest [...]

The post BRICS Nations to Encourage Use of Local Currencies in Trade appeared first on Crypto Breaking News.

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