This article explores the growing trend of de-dollarization and its impact on global trade settlement. As geopolitical tensions and innovative technologies reshape international finance, a shift away from […]
White House Weighs Expansion of IRS Oversight for Foreign Cryptocurrency Accounts
The U.S. government is reviewing a proposal by the Treasury Department that would significantly boost the Internal Revenue Service’s (IRS) access to information on foreign cryptocurrency accounts held […]
U.S. & Taiwan Reach Historic Currency Stability Pact
In a move signifying a new era of international financial cooperation, the US Treasury Department and the Taiwan Central Bank have forged an unprecedented agreement to prevent currency […]
Chainlink & Banco Inter Execute First-Ever Cross-Border CBDC Trade
Banco Inter, alongside Brazil’s central bank and Hong Kong’s Monetary Authority, has successfully executed the world’s first cross-border CBDC transaction using Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This groundbreaking […]
Portuguese National Arrested for $580 Million Cryptocurrency Fraud in Bangkok
A Portuguese national, Pedro M., has been arrested in Bangkok for allegedly orchestrating a €500 million cryptocurrency fraud that spanned Europe, Asia, and impacted locals across the region. […]
Stablecoins Revolutionize International Remittances: Faster, Cheaper, and More Accessible
Tired of slow, expensive international money transfers? A new era in global payments is dawning with stablecoin solutions. These digital currencies, pegged to stable assets like the US […]
SEC Launches Cross-Border Task Force to Combat International Fraud
The U.S. Securities and Exchange Commission (SEC) has established a new Cross-Border Task Force in response to rising international fraud affecting American investors. The task force aims to […]
Song Shijie Loses $27.5M in Cross-Border Asset Seizure: Implications for Global Crypto Trading
A high-profile figure in China’s offshore financial sector, Song Shijie, has been forced to relinquish a staggering $27.5 million in assets due to legal allegations of money laundering […]
Global Shift Towards National Currencies: Stablecoins Challenge US Dollar Dominance
Across the globe, nations are exploring national currency-pegged stablecoins as a potential alternative to USD-backed offerings. This trend raises questions about the future of global finance and economic […]
South Korean Arrested in Thailand for Cryptocurrency and Gold Money Laundering
A South Korean man, Han, has been arrested in Thailand for allegedly laundering $50 million through cryptocurrency and gold. The operation involved a fraudulent call center scheme promising […]
China Seeks to Counter US Dollar Control with Yuan-Backed Stablecoins
Beijing’s plans are a significant policy shift, aiming to bolster the yuan’s position in global finance. According to sources familiar with the matter, China is preparing to approve […]
SoFi Technologies Integrates Bitcoin Lightning Network and UMA for Cross-Border Payments
SoFi Technologies has made a significant move in the world of international finance by integrating the Bitcoin Lightning Network and Universal Money Addresses (UMA). This innovative integration makes […]
Ripple CEO Predicts XRP’s Rise to Dominate Global Finance
At the recent XRP APEX 2025 event in Singapore, Ripple CEO Brad Garlinghouse emphasized XRP’s potential to revolutionize international money transfers. He anticipates that within the next five […]
Shifting Sands: Asian Countries Reduce Dependence on US Dollar
Across Asia, a trend is emerging as countries steadily decrease their reliance on the U.S. dollar. This shift is driven by geopolitical uncertainties, changes in monetary policy, and […]
El Salvador and U.S. Strengthen Ties on Bitcoin Policy
President Nayib Bukele of El Salvador and Bo Hines, former Executive Director for Digital Assets under President Trump, met to discuss collaboration between the two nations regarding digital […]