Tag: finance

Russia Explores Stablecoins for Settlements With Friendly Nations – Finance Bitcoin News

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Russia is cooperating with friendly countries on the potential employment of stablecoins in international payments, a top government official unveiled. The news comes after key institutions in Moscow agreed that the Russian Federation needs to legalize cross-border crypto payments in the face of sanctions. Russia Looking to Build Stablecoin Platforms to Facilitate Trade With Partners The Russian government is now working with several “friendly countries” on the establishment of clearing platforms for international settlements in stablecoins, Deputy Finance Minister Alexey Moiseev revealed, quoted by the Tass news agency. “We are…

Russia Can’t Do Without Cross-Border Crypto Payments, Consensus Reached – Finance Bitcoin News

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Key government institutions have agreed that Russia needs to legalize crypto payments for international settlements. The proposal has been gaining support in the past few months since Moscow’s decision to invade Ukraine was met with wave after wave of Western sanctions. Financial Authorities in Russia Consider Legalizing International Cryptocurrency Payments In the current conditions, “it is impossible to do without cross-border settlements in cryptocurrency,” Russia’s finance ministry and central bank have concluded after reconsidering their positions on the matter, Russian media reported. The institutions are obviously referring to the restrictions…

New finance minister Kwasi Kwarteng leaves crypto policy in the UK unclear

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Recently elected Conservative Party leader and prime minister of the United Kingdom Liz Truss has appointed Kwasi Kwarteng as the country’s newest chancellor of the exchequer, or chief financial minister. In a Tuesday announcement, Truss’ office named Kwarteng as the next U.K. finance minister, replacing Nadhim Zahawi, who served as chancellor of the exchequer for three months following Rishi Sunak’s resignation in July. Kwarteng was most recently the U.K. government’s secretary of state for business, energy and industrial strategy in addition to being a Member of Parliament since 2010. The…

UK’s New PM Truss Picks Kwasi Kwarteng to Be Finance Minister

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ethereum va connaitre une des plus importantes mise à jour de la crypto monnaie et de son histoire le 15 septembre ! Grosse hausse ou grosse correction ? On débrief ! 🔔 Abonne Toi : 🚀Inscris toi à la newsletter GRATUITE : ✅🚀 acheter de l’ETHEREUM sur Bybit: / 3500 $ Bonus 0:30 Recap ethereum 1:22 Qu’es-qu’un hardfork 3:00 Pourquoi THE MERGE ? 5:43 the merge c’est quoi ? 8:06 le sharding 9:13 Recap the merge 9:56 the surge 10:17 the verge…

Fed has chosen the greater of two evils; $12k Bitcoin, 'collateral damage' are next – Peccatiello

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io A recession is almost a near certainty now, according to Alfonso Peccatiello, author of The Macro Compass. People are just not prepared for what’s coming next, Peccatiello told David Lin, Anchor for Kitco News. Follow David Lin on Twitter: @davidlin_TV ( Follow Kitco News on Twitter: @KitcoNewsNOW ( Follow Alfonso Peccatiello: @MacroAlf ( Visit The Macro Compass Newsletter: 0:00 – Recession concerns 5:25 – Recession indicators 9:00 – Labor market 14:30 – How severe is the next recession? 17:20 – This recession…

'Everything bubble' will burst, gold to $900, Bitcoin to $3k before hitting $500k – Harry Dent

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Harry Dent, founder of HS Dent, discusses his market outlook for gold, Bitcoin, and the equity markets with Michelle Makori, Editor-in-Chief of Kitco News, at the Vancouver Resource Investment Conference. Follow Michelle Makori on Twitter: @MichelleMakori ( Follow Kitco News on Twitter: @KitcoNewsNOW ( Follow Harry Dent on Twitter: @HarryDentjr ( __________________________________________________________________ Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people…

Sanctioned Russian Bank Tests In-app Operations With Digital Rubles – Finance Bitcoin News

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A Russian bank, one of the country’s largest by assets, has conducted a successful trial with digital ruble transactions processed through its mobile app. The state-owned Promsvyazbank was one the institutions placed under Western sanctions earlier this year in connection with Moscow’s actions in Ukraine. Russian Bank Experiments With Digital Ruble Transfers via Mobile Application Promsvyazbank (PSB) is one of the first Russian lenders to join the trials of the central bank digital currency (CBDC) issued by the Bank of Russia. According to a report by the business news outlet…

Bitcoin has never done this before; Alex Mashinsky gives price outlook, talks Terra collapse

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Alex Mashinsky, CEO of the Celsius Network, said that crypto markets will recover, and even inflation is not a long-term concern. Mashinsky spoke with David Lin, Anchor and Producer at Kitco News about the recent crypto crash, LUNA/UST, stable coins, and inflation. 0:00 – The crypto sell-off 6:13 – Inflation and crypto 15:48 – LUNA and UST collapse 19:51 – Gold vs. cash vs. Bitcoin 22:12 – Where to deploy cash? 23:01 – Other stablecoins 25:05 – Future predictions Follow David Lin…