The Russian Finance Ministry revealed that it is not currently planning to include cryptocurrencies in the strategic reserve due to volatility concerns.
However, Deputy Finance Minister Vladimir Kolychev suggested that this stance could…
US President Donald Trump has signed an executive order to create a strategic Bitcoin reserve, which would be initially funded with assets seized by the government, says the White House AI and crypto czar David Sacks.“Just a few minutes…
Kenya’s National Fire Brigades Association (KENFIBA) has become the first labor union in the country to adopt Bitcoin as part of its financial reserves.
The initiative was announced on ‘X’ during the Africa Bitcoin Conference in Nairobi on…
The Federal Reserve Board’s annual stress test results reveal that large banks are expected to face nearly $685 billion in projected losses during a severe recession scenario. These losses are significantly higher than last year due to…
Bitcoin proponents eyeing fiat failures are in no shortage of news on the topic as of late, as multiple officials, economists, authors, and analysts from around the world have been weighing in on “de-dollarization” in a prolific…
The United States dollar has been a hot topic in recent weeks, with multiple reported developments occurring globally which could signal significant moves toward de-dollarization in large economies. Former U.S. congressman Ron Paul…
Circle is one of the largest issuers of stablecoins, with USDC being the second-largest stablecoin in circulation. As of January 31, 2022, the circulating supply of USDC was $42 billion. Stablecoins are digital currencies that are pegged…
Co-Founder and CEO of Circle, Jeremy Allaire has announced the release of the company’s first monthly USDC reserve report for the month of June.
Highlighting on Twitter, he affirmed the move as part of the stablecoin issuer's strategy of…