Bloomberg: Russia Begins Using Cryptocurrency for Trade with China
Russian commodity companies that have experienced difficulties in conducting financial transactions with Chinese partners have begun using cryptocurrencies for payments.
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RWA Trading Platform Tradeteq Issues Tokenized U.S. Treasury Bonds on XDC Network
29/08/2023 21:32
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Interpretation of Buffett's investment in Japanese trading companies
Buffett bought shares of Japan's five largest trading companies, namely Mitsui & Co., Mitsubishi Corporation, Sumitomo Corporation, Itochu Corporation and Marubeni Corporation. From the perspective of returns, the shares of the five major trading companies, denominated in yen, have increased by at least 2 times and at most nearly 5 times.
JinseFinanceSmall and medium-sized enterprise trade financing under the collaboration of decentralized data and artificial intelligence
The framework enables capital providers to make more informed decisions on cash flow forecasting, financing rate optimization and ecosystem risk assessment, ultimately facilitating SMEs to better obtain pre-shipment trade finance and enhancing entire supply chain operations.
JinseFinanceEgypt and India Consider Trade Shift Away from US Dollar
Egypt and India are exploring a strategic shift in trade relations by considering the abandonment of the US dollar, aligning with the broader de-dollarisation efforts within the BRICS bloc, potentially reshaping the global economic order..
JasperRussia to Trial Digital Asset Settlements in Foreign Trade
Bank of Russia plans to pilot cross-border payments using digital assets and central bank digital currencies, according to a deputy governor.
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cryptopotatoHow blockchain technology can revolutionize international trade
Blockchain technology has proven to be transparent and could make international trade transparent and even more secure.
CointelegraphZipmex resumes withdrawals for trade wallets
The crypto exchange said it had $48 million in exposure with Babel Finance and $5 million with Celsius — both firms faced liquidity and insolvency issues, respectively.
CointelegraphBinance ban off the cards, says Philippine trade and industry department
The Philippine Department of Trade and Industry waved off a Binance ban proposal, citing a lack of regulatory stance on cryptocurrencies from the central bank.
CointelegraphRussia will inevitably legalize crypto payments, says trade minister
“The question is when this will happen, how it will happen and how it will be regulated. Now both the Central Bank and the government are actively engaged in this,” said trade minister Denis Manturov.
Cointelegraph