A top Russian official has reportedly claimed that the BRICS alliance is working on creating its own currency. A new world order could be emerging as economic powerhouses increase their efforts to distance themselves from US dollar hegemony. According to reports, a top Russian official has claimed that the BRICS alliance is working on creating…

The move comes as Australians continue to reduce their usage of cash and bank branches, but has sparked fears that the death of cash is near. ANZ, one of Australia’s “Big Four” banks, will cease facilitating withdrawals and deposits from a number of its Australian branches as it looks to push its customers toward using…

Assets held in DAO treasuries have more than doubled since the beginning of 2023, according to DeepDAO. Decentralized autonomous organization (DAO) treasuries are rapidly growing, having just surpassed a major milestone, according to DeepDAO. According to figures from the DAO data platform, on March 31, total assets for all decentralized autonomous organizations reached a record…

The focus on crypto regulation was part of the U.K. government’s plan to fight economic crime, which also included addressing law enforcement’s ability to seize and store assets. The government of the United Kingdom has laid out plans to step up regulation of crypto assets in its efforts to respond to economic crime in the…