What is BRICS Pay and why does it matter?
BRICS Pay seeks to lessen reliance on the US dollar, reducing sanctions risks and fostering a sovereign financial system for transactions.
Related Posts
Bitcoin dormant for 5 years or more awakens in new ‘distribution’
Bitcoin long-term holder “inactivity” is being slowly challenged as BTC emerges from hibernation, in some cases lasting over a decade.
PayPal to offer crypto payments starting in 2021
The rumors are now fully confirmed. 4681 Total views 145 Total shares PayPal announced on Wednesday its entry into the cryptocurrency market, according to multiple reports.PayPal customers will be able to use cryptocurrencies to shop at any merchant in its large network starting from early 2021, the company said.The payments will be settled through fiat…
Bitcoin network turns 13, celebrates with new hash rate all-time high
The Bitcoin network underwent a six-month-long rally to attain a new all-time high hash rate of 207.53 million tera hashes per second (TH/s) on Saturday. 1083 Total views 7 Total shares Today marks the 13th year since Bitcoin (BTC) creator Satoshi Nakamoto mined the genesis block or block 0 of the Bitcoin network, and for…
Bitcoin chart signals possible 'extremely' quick move to $68K —Traders
Bitcoin traders are eyeing $68,000 if it can stay above $64,000, a level it has struggled to hold above after 20 days below.
20% of Binance’s new hires this year will be in compliance, says CEO
The company aims to increase its compliance workforce by 200 this year, along with another 800 staff in other departments.
Tim Draper sings a Bitcoin song dedicated to SVB and world governments: PBW 2023
The American venture capital investor Tim Draper took the stage at Paris Blockchain Week 2023 to talk about the decentralization of the future of money. 595 Total views 4 Total shares Own this piece of history Collect this article as an NFTAmerican venture capital investor and entrepreneur Tim Draper took the master stage at Paris…
US bank bloodbath: Bitcoin hits $23.7K as BTC price analyst call SVB dip ‘bear trap’
Bitcoin (BTC) hit its highest since the start of the month on March 13 as U.S. bank stocks saw the largest mass halt in history.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewBTC price sees “phenomenal” reboundData from Cointelegraph Markets Pro and TradingView tracked a thoroughly bullish hourly candle for BTC/USD, which reached $23,725 on Bitstamp.The move was…
Japanese Taxation Committee Seeks to Simplify Cryptocurrency Tax Reporting
A Japanese taxation policy committee held a debate with the aim of simplifying cryptocurrency tax Wednesday, Oct. 17, Japanese daily news outlet Sankei News reports.Highlighting the complex tax filing regime currently in place for Japanese citizens, officials from the committee — which advises the government on policy — said there was a need to adjust…