BRICS Beats Dollar Dependence: National Currency Settlements Exceed USD Payments
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The BRICS bloc might have already overcome its dollar-dependence problem, as the volume of settlements in the national currencies of its member…
FATF Urges India to Strengthen Virtual Asset Regulation
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India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and…
BRICS Gains Global Appeal as 34 Countries Show Interest, Putin Reveals
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Russian President Vladimir Putin revealed that 34 countries have shown interest in joining BRICS activities, highlighting the global appeal of the group….
India, Nigeria, Indonesia Lead Chainalysis 2024 Crypto Adoption Index
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India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage, adjusted for…
Turkey Seeks to Join BRICS to Strengthen Global Influence
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Turkey has reportedly formally requested to join the BRICS economic bloc to expand its global influence and establish new alliances beyond its…
Legal Advisers Doubt Full Crypto Recovery For Customers
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Este artículo también está disponible en español. The legal team for WazirX said today that the exchange’s customers doubt whether the exchange…
India’s HDFC Bank Launches New UPI and CBDC Features
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HDFC Bank, a leading private sector bank in India, has introduced new features for Unified Payments Interface (UPI) and central bank digital…
Payments in National Currencies Surge to 92% Among SCO Members
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Payments in national currencies among Shanghai Cooperation Organization (SCO) members have reportedly increased from 40% in 2022 to 92%, signaling a move…
RBI Governor Warns Against Rapid CBDC Launch, Advocates Gradual Approach
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The governor of India’s central bank, the Reserve Bank of India (RBI), Shaktikanta Das, has highlighted the challenges of implementing cross-border digital…
Wazirx Begins INR Withdrawal Phase 1: Users Can Withdraw Up to 33%
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Indian crypto exchange Wazirx has initiated the first phase of INR withdrawals, permitting eligible users to withdraw up to 33% of their…