BRICS nations are considering adopting the petroyuan for oil trade as part of their ongoing dedollarization efforts, according to economic expert Herbert Poenisch. He noted the BRICS group may discuss alternatives to the petrodollar at their Kazan summit. He highlighted Saudi Arabia’s potential shift towards the petroyuan and Russia’s plans to reduce dollar reliance. However, […]
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Key TakeawaysGrayscale pressed Senate leaders for a vote before the August recess.The CLARITY Act would create nationwide rules for digital...
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Key TakeawaysBessent says the CLARITY Act strengthens compliance standards for crypto intermediaries.The Treasury chief defended protections for noncustodial developers and...
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