Banco de España deputy governor Margarita Delgado voiced concern about financial stability issues but painted a rosy picture for nonbank financial services providers.
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Ministry of Economic Development of Russia Pessimistic About Quickly Advancing BRICS Common Currency Proposal
The Ministry of Economic Development of Russia does not expect the rapid development of a common currency for the BRICS bloc. Deputy Economic Development Minister
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BRICS Discussing Single Unit of Account, Alternative to Dollar, Russian Finance Minister Says
The BRICS members are mulling over the possible launch of a common unit of account, Russia’s Minister of Finance Anton Siluanov unveiled. This would be
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Binance limits withdrawals in Europe, cites payment processor issues
In a since-deleted customer service message, Binance said that the failed withdrawals were caused by temporarily suspended euro transactions through SEPA.
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Nobel Laureate Paul Krugman States Argentina Should Adopt the Euro Instead of the US Dollar
Economics Nobel laureate Paul Krugman recently stated that Argentina might be better off adopting the euro instead of the U.S. dollar amidst the devaluation of
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Crypto asset investment in Latvia declines by 50% over past year, per central bank
According to Latvijas Banka, 4% of the population bought crypto assets in February, down from 8% in 2022, while payments “continue to prevail.”
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