Iran’s government considers employing the Iraqi dinar in bilateral trade with Iraq in a bid to further curtail the dominance of the U.S. dollar. The annual turnover between the two neighboring nations exceeds $10 billion with millions of pilgrims and health tourists crossing the border each year. Iran and Iraq Can Reduce Dollar Dominance by…
Read more
The largest business organization in the world has thrown its weight behind Coinbase in its fight against the SEC. The United States Chamber of Commerce has blasted the Securities and Exchange Commission for its “haphazard, enforcement-based approach” to regulating the cryptocurrency industry on American soil. In an amicus brief filed to the U.S. Court of Appeals…
Read more
The US Chamber of Commerce backed Coinbase’s request for the US Securities and Exchange Commission to write rules for cryptocurrency in a recent court filing. The Chamber, which is the world’s largest business organization, said no one knows for certain which digital assets are securities under federal law…. Read More: US Chamber of Commerce Backs…
Read more
Employing crypto in cross-border payments is one of the proposals put forward by the Russian Chamber Of Commerce lobbying for more cooperation with African countries. Amid unprecedented sanctions limiting Russia’s ability to trade internationally, the head of the board has urged the government to work out an alternative system for settlements with Moscow’s partners. Chamber…
Read more
