The Banco Central of Brazil has opened its doors for proposals in the second phase of Drex testing. Drex, the digital version of the Brazilian real, enters a crucial stage focused on smart contracts. Companies can submit their ideas from October 14 to November 29, 2024. The central bank welcomes financial institutions capable of testing […]
Related Posts
Niger’s economy on the brink: a comprehensive guide to understanding the impact of recent sanctions
The recent coup d’état that ousted President Mohamed Bazoum has led to unprecedented financial sanctions against Niger, decided upon by the Economic Community of West Africa States (ECOWAS) leaders on July 30th. These punitive measures, including shutting down air and land borders and halting all commercial and financial transactions with Niger, promise a severe impact […]
Putin Speaks Out on Ukraine, NATO, and U.S in Rare Interview
Russian President Vladimir Putin, in a special talk with Tucker Carlson, tagged Ukraine as “not genuine” and held the West responsible for the war’s persistence. This chat, Putin’s first with a Western reporter since the Ukraine conflict began, aired Thursday night on X and Carlson’s site. Carlson, previously with Fox News and now with a […]
BRICS Bank president Rousseff slams dollar as a geopolitical weapon: calls for a diversified currency system
Dilma Rousseff, president of the BRICS Bank, criticized the United States for using the dollar as a geopolitical tool and causing the devaluation of developing countries’ currencies. Speaking at a forum in Beijing, she accused the U.S. of hindering the growth of emerging economies by pursuing containment policies, targeting Japan in the past and now […]