Brazil Ditches BRICS Currency Plan, Favors Trade in National Currencies

Brazil has reportedly decided against pursuing a common currency for the BRICS nations during its presidency this year. Instead, the focus will be on facilitating trade in local currencies, a move that’s been met with warnings from U.S. President Donald Trump about challenging the U.S. dollar’s dominance. The BRICS bloc has been exploring alternatives to … Read more

US Drops Charges Against BTC-e Operator Alexander Vinnik

Alexander Vinnik, the former operator of the cryptocurrency exchange BTC-e, has been freed of all charges in the United States. US Clears Alexander Vinnik’s Laundering Charges The news was confirmed by Vinnik’s lawyer Arkady Bukh after Vinnik’s release last week, following a court decision in the Northern District of California to drop all charges against … Read more

Japan Tertiary Industry Index (MoM) registered at 0.1%, below expectations (0.2%) in December

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Korea’s Crypto Leap: FSC to Permit Institutional Investors to Open Virtual Asset Trading Accounts in H2

Starting in the second half of the year, South Korea will allow certain institutional investors, including listed companies, to open virtual asset trading accounts. Risks of Institutional Participation South Korea will allow certain institutional investors to open virtual asset trading accounts starting in the second half of the year, the country’s Financial Services Commission (FSC) … Read more