JPMorgan recently introduced euro-denominated payments for its corporate clients with its JPM Coin blockchain payment system. The system went live with its euro transactions last week, and the first payment in euros on its platform was carried out by the German company Siemens. JPM Coin was originally launched in 2019 for dollar payments with the […]
If the International Monetary Fund (IMF) is successful in unleashing a new “global Central Bank Digital Currency (CBDC ) platform,” as managing director Kristalina Georgieva says the group is currently “working hard” on, then soon the world’s entire money supply will be controlled by a “group of unelected bureaucrats.” Right now, the various currencies of […]
French President Emmanuel Macron is asking for an invitation to BRICS's upcoming summit in South Africa, causing speculation about whether or not France wants to join the economic bloc. [.]
The members of the BRICS bloc of major emerging economies have recently met to decide on adding new members and creating a common currency to challenge the United States dollar. The five nations [.]
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