Russia and China have nearly eliminated the U.S. dollar from their bilateral trade, conducting transactions in rubles and yuan as de-dollarization reshapes global economic power structures. Almost All Russian-Chinese Foreign Trade Operations Now in Rubles and Yuan Following a high-level meeting with Chinese President Xi Jinping on May 8 in Moscow, Russian President Vladimir Putin […]
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Singapore Plan Would Ban Interest on MAS-Regulated Stablecoins
Key TakeawaysMAS proposes prohibiting interest on its regulated stablecoins.Issuers would face stress tests and orderly wind-down planning.Selected foreign-regulated stablecoins could...













