The United States is threatening to restrict certain Chinese banks' access to the dollar, according to a report in The Wall Street Journal cited by Coin Tribune on April 24. This move could significantly impact the global financial system and benefit Bitcoin.The escalating tensions between the U.S.
In a move likely to inflame tensions between the United States and Russia, a Russian court has ruled to seize $440 million in assets from JPMorgan Chase, the largest U.S. bank. The decision, reported by Watchergru on Thursday, comes amid a tit-for-tat exchange of sanctions between the two countries
In a recent interview with TASS, Russian Foreign Minister Sergei Lavrov heralded a significant development in the economic landscape between Russia and China: the completion of de-dollarization in their bilateral economic relations. Watcher Guru, a reputable source on international affairs, reported
WASHINGTON - Bank of Korea Governor Lee Chang-yong called for establishing a common international regulatory system for tokenized assets during a Thursday speech at the Peterson Institute for International Economics.Governor Lee, currently in the United States for the International Monetary Fund (IM
Major Wall Street indexes closed with a mixed performance on Tuesday, as remarks by Federal Reserve Chair Jerome Powell regarding inflation worries dampened investor sentiment.The Dow Jones Industrial Average rose slightly by 0.17%, closing at 37,798.97. However, the broader S&P 500 index dipped 0.2
In the wake of a major missile attack by Iran, Israel's security cabinet on Sunday authorized a forceful response, aiming to deter further aggression while avoiding a broader escalation, according to Israeli media reports.Citing anonymous sources, Channel 12 reported that the cabinet decided to deli
South Korea's economic outlook is darkening as a potential full-scale war in the Middle East threatens to push up oil prices and derail central bank efforts to combat inflation.Iran's recent attack on Israel, the first of its kind, has stoked fears of a broader conflict. This raises the specter of a
In a recent development, President Joe Biden of the United States conveyed a firm stance to Israeli Prime Minister Benjamin Netanyahu regarding the ongoing tensions with Iran. Following Iran's attack on Israel, President Biden emphasized in a phone call that the U.S. would oppose any retaliatory act
Iran's potential direct attack on Israel within the next 48 hours, as reported by foreign sources, including The Wall Street Journal (WSJ), has sent shockwaves through international markets. Amid escalating tensions, the United States, United Kingdom, and Germany are marshaling their diplomatic effo
A court in Montenegro has once again approved the extradition of Kwon Do-hyung, the co-founder of Terraform Labs linked to Terra Luna's cryptocurrency crash. The decision, however, hands the final authority over Kwon's repatriation to the Montenegrin Justice Minister, Andrej Milović.This latest deve
WorldCoin, the digital identity and cryptocurrency project founded by OpenAI's Sam Altman, has rolled out new features aimed at bolstering user privacy and strengthening identity verification.These updates, announced on April 9, come as WorldCoin faces regulatory hurdles worldwide regarding data pri
El Salvador announced a plan to grant citizenship to 5,000 foreign nationals with specialized skills to bolster its economy and technological prowess. President Nayib Bukele unveiled the initiative on April 7, targeting scientists, engineers, doctors, artists, and other professionals.The citizenship
In a surprise decision, Montenegro's Supreme Court on Thursday overturned a lower court ruling that approved the extradition of Do Kwon, a central figure in the cryptocurrency collapse known as the "Terra Luna" incident, to South Korea. The high court's decision throws Kwon's fate into question and
A strengthening U.S. dollar is causing anxiety worldwide, prompting central banks and governments to scramble for countermeasures.This year, the dollar's unexpected surge, defying predictions of a decline, has put pressure on currencies from Japan to India. The Bloomberg Dollar Index has risen over
The United States and the United Kingdom are investigating a possible sanctions violation involving a $20 billion cryptocurrency transfer by Russia, according to people familiar with the matter, as reported by Bloomberg on March 28th.The investigation reportedly centers on transfers made through Mos
South Korea's hopes for inclusion in the FTSE Russell World Government Bond Index (WGBI) were dashed again on March 27th, but the government vowed to continue its efforts to meet the inclusion criteria by year's end.The WGBI, a leading global benchmark for sovereign debt, includes bonds from over 20
The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a key player in international payments, is gearing up to launch a platform facilitating transactions with central bank digital currencies (CBDCs) within the next one to two years.Nick Kerrigan, head of innovation at SWIFT, told
Kwon Do-hyung, the co-founder of Terraform Labs at the center of last year's cryptocurrency crash, is challenging the Montenegrin justice system's handling of his extradition case. Kwon's lawyer, Goran Rodic, sharply criticized the Supreme Prosecutor's Office's request for a court review, calling it
The European Union has launched its first investigations under the new Digital Markets Act (DMA), targeting tech giants Apple, Google, and Meta (formerly Facebook).The DMA, which came into effect on March 7th, 2024, aims to curb the dominance of large platform operators and promote fair competition
Kwon Do-hyung, a central figure in the cryptocurrency collapse linked to Terraform Labs, was released from Spuz Prison on the outskirts of the Montenegrin capital on March 23, local time, after serving his sentence. However, his freedom remains in question.Following his release, Kwon was questioned