Russia cautions that using frozen Russian assets could trigger profound shocks to global markets, spurring developing nations to bypass the U.S. dollar. Russia’s Asset Countermoves: Potential Global Financial System Impacts Russia’s Finance Ministry warns that leveraging Russian financial assets could have significant systemic effects on the global financial and monetary system. Deputy Finance Minister Ivan […]
Source link
Related Posts
Robinhood, Kraken, Paxos launch Global Dollar stablecoin network
A swathe of major firms from traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant…
Gemini crypto exchange receives preliminary approval in Singapore
Gemini has received in-principle approval for a Major Payment Institution license in Singapore. Source link
The ‘Purge’ — Vitalik’s plan to reduce Ethereum’s bloat
Vitalik Buterin’s “The Purge” aims to streamline Ethereum by reducing data bloat, simplifying the protocol and addressing technical…
Shift4 leverages The Giving Block for global payment service rollout
Payment processor Shift4 bought the crypto service for philanthropies in 2022 and applied its knowledge to other sectors. …