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BRICS Slashes US Dollar and Euro Transactions to Below 30%

BRICS nations are increasingly using national currencies, with 65% of transactions now conducted in local currencies, according to a Russian finance official. The U.S. dollar and euro account for less…

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Billions in Settlements Disrupted, Blockchain Gaming Boom, and More — Week in Review

Recent Western sanctions have disrupted over $55 billion in trade settlements between Russia and Turkey. Cameron Thacker of Mythical Games believes the current blockchain gaming surge is more stable, as…

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Putin Threatens to Let Europe ‘Freeze’ — Russian President Warns ‘We Will Not Supply Gas, Oil, Coal, Heating Oil’

Following the discussions concerning the inter-governmental political forum Group of Seven (G7) pledging to impose price caps on crude oil and the European Commission talking about fixing electricity prices, Russian…

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US Senators Introduce Crypto Sanctions Bill — Expert Says It’s Overbroad, Unconstitutional

U.S. Senator Elizabeth Warren and 10 other lawmakers have introduced the “Digital Asset Sanctions Compliance Enhancement Act of 2022.” The bill “would place sweeping restrictions on persons who build, operate,…

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