Articles for tag: Anton Tkachev, Bitcoin reserve, Cryptocurrencies, Financial Stability, International Trade, Russia, Sanctions

December 10, 2024

Russian Lawmaker Proposes Establishing a National Bitcoin Reserve to Strengthen Cryptocurrency Regulation and Economic Stability

A Russian lawmaker, Anton Tkachev, has proposed the establishment of a national Bitcoin reserve aimed at protecting the country against sanctions and geopolitical challenges. According to Tkachev, cryptocurrencies, particularly Bitcoin, can serve as essential tools for international trade, especially for countries facing similar sanctions. He highlighted the vulnerabilities of traditional foreign exchange reserves to economic ...

December 3, 2024

Market News

Crypto

Analyzing the Justification Behind Trump’s Tariff Threats: Economic Impact and Implications for Trade Relations in 2024

BRICS, a group of fast-growing economies including Brazil, Russia, India, China, and South Africa, seeks to challenge the dominance of the US dollar in global trade. They are motivated by a desire to reduce reliance on a currency that grants the United States significant economic and geopolitical power, including the ability to impose sanctions. The ...

December 3, 2024

Market News

Crypto

Analyzing the Justification Behind Trump’s Tariff Threats: Economic Impact and Implications for Trade Relations in 2024

BRICS, a group of rapidly growing economies including Brazil, Russia, India, China, and South Africa, aims to challenge the dominance of the US dollar, which currently controls about 80% of global trade. The leaders of these nations want to reduce their reliance on the dollar, as it gives the US significant economic and geopolitical advantages, ...

November 29, 2024

Market News

Crypto

BiyaPay: Revolutionizing Cryptocurrency Cross-Border Payments for Seamless Global Transactions

BiyaPay, a leading FinTech platform based in Hong Kong, has announced a reduction in cross-border payment fees, benefiting international users. This move highlights its commitment to making global payments more cost-effective and efficient. As the financial landscape evolves, BiyaPay is at the forefront of transforming cross-border payments using innovative technologies, particularly in cryptocurrencies. With a ...