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Turkey and Argentina turn to crypto amid record-breaking inflation and crumbling currencies

Turkey and Argentina are seeking safe haven by turning to volatile cryptocurrencies amid the crashing fiat and soaring commodity prices. According to audience research company GWI, ownership of [.]

Russia to resume foreign exchange purchases to boost currency reserves

Russia is expected to resume buying foreign currency for its reserves as early as this month or later this year. The country halted foreign exchange purchases in late January 2022 and further [.]

DE-DOLLARIZATION: China now uses the yuan for cross-border transactions more than it uses the US dollar

The Chinese yuan has overtaken the United States dollar to become China's most-used currency for cross-border transactions. This is according to the latest data from the State Administration [.]

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