BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report
The five-nation BRICS group comprising Brazil, Russia, India, China and South Africa will work on creating a payment…
Browsing Tag
dollarization
21 posts
Argentine President Javier Milei Rules out Dollarization Process in 2024
Javier Milei, the libertarian president of Argentina, has ruled out the possibility of applying his dollarization plan during…
Latam Insights: Argentina’s Milei States Dollarization Is Close, Bitfarms Expands In Paraguay
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last…
Report: Turkey Exits From Foreign Exchange Protected Deposit Program
On Jan. 1 Turkey ended its two-year-old foreign exchange (FX)—protected deposit program in what is seen as another…
India’s De-Dollarization Push Flounders as Oil Suppliers Cite Rupee Repatriation Concerns
The Indian Oil Ministry recently acknowledged that the country’s push to pay for oil with rupees has failed…
Argentine Foreign Minister: Financial Contracts Can Now Be Denominated in BTC
According to Argentina’s Foreign Minister, financial contracts can now be denominated in bitcoin or any other medium of…
Argentina’s President Javier Milei Axes Ministries; ‘There Is No Money’
Javier Milei, the president of Argentina, fulfilled his promise of reducing the number of ministries of the country…
Latam Insights: Milei Wins Runoff Election, Vows to Eliminate Central Bank in Argentina; Drex to Encourage Tokenization
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last…
Argentina’s President-Elect Javier Milei ‘No Anarcho-Capitalist’ Says Former Greek Finance Minister
According to Greece’s former finance minister, Yanis Varoufakis, Argentina’s president-elect Javier Milei is “no anarcho-capitalist.” The former finance…
Why Congress Will Be the Dollar’s Downfall
Congressional inaction is likely to cause de-dollarization as the country’s foes — and friends — move even faster…