Economist Lord Jim O’Neill Calls BRICS Currency Idea ‘Ridiculous’ — Says China and India Never Agree on Anything

Lord Jim O’Neill, the British economist credited with coining the acronym BRIC, calls the creation of a common BRICS currency “ridiculous,” emphasizing that the BRICS nations have “never achieved anything…

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As Financial Surveillance Intensified In 2022, Bitcoin Is Needed By Individuals And Nations Alike

A rise in financial censorship this year, perpetrated by citizens’ own governments and adversarial nations alike, calls for Bitcoin. This is an opinion editorial by Kudzai Kutukwa, a financial inclusion…

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Is Bitcoin Private Enough To Maintain Our Financial Freedom?

Traits inherent to Bitcoin create financial transparency — but with proper usage, Bitcoin users can retain the necessary privacy to preserve freedom. This is an opinion editorial by Kudzai Kutukwa,…

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EU Regulator Warns About Crypto — Questions Whether Many Will Survive

European Securities and Markets Authority (ESMA) Chair Verena Ross says that the crypto market crash should be a “cautionary lesson” for investors. She noted that there is a “real question”…

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Governments Need to Stop Dismissing Crypto as Illicit Payments and Reckless Speculation, Says El-Erian

Mohamed El-Erian, an adviser to Allianz and Gramercy Funds Management, says that “The time has come for more western governments to stop dismissing the crypto revolution as some mix of…

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Biggest Layoffs in US Banking History: Analyst Predicts Banks to Cut 200,000 Jobs

A Wells Fargo analyst has predicted the largest “reduction in U.S. bank headcount in history.” Banks are expected to cut 200,000 jobs as they strive to improve productivity and efficiency…

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Demand for Crypto Soars: Bitcoin Funds Break Records, Goldman Sachs Wants In

Investors are increasingly seeking exposure to bitcoin following the recent months-long price rally. Bitcoin exchange-traded products are seeing record trading volumes. Meanwhile, more big banks are reportedly trying to get…

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