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Are we entering a post-dollar world?

Are we entering a post-dollar world?

The U.S. dollar reigns supreme among all currencies in global trade and finance.

What does this mean? Only that the dollar is the currency of choice for most economic activities conducted around the world, including those by and between non-U.S. entities. For instance:

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Russian flag displayed on a laptop screen and Guy Fawkes mask.

Jakub Porzycki via Reuters Connect

Hard Numbers: Anti-Russia hacktivism, Taliban schoolgirls, Polish diplomatic evictions, Egyptian currency drop

2,500: Hackers affiliated with Anonymous claim to have infiltrated 2,500 Russian and Belarusian sites, including government and media services. Trouble is, Putin likely views these hacktivists as agents of the West and critics warn that IT hits on critical infrastructure could, in turn, lead to Russian escalation.

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Crypto fans ignore its ups and downs
Much Ado About Crypto | GZERO World

Crypto fans ignore its ups and downs

In the past few weeks, the value of cryptocurrencies has been slashed by half over fear, uncertainty, and doubt (aka FUD) of US interest rate hikes and new regulation.

That means NYC Mayor Eric Adams, NFL quarterback Aaron Rodgers and basketball star Klay Thompson all face pay cuts because they get their salaries in crypto.

Yet, the crypto bros out there have not lost faith.

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India plans to introduce law to ban cryptocurrency trading

September 15, 2020 8:36 PM

NEW DELHI (BLOOMBERG) - India plans to introduce a new law banning trade in cryptocurrencies, placing it out of step with other Asian economies which have chosen to regulate the fledgling market.

Shoplots housing cryptocurrency operations in Johor raided for stealing electricity

September 01, 2020 7:07 PM

ISKANDAR PUTERI (THE STAR/ASIA NEWS NETWORK) - Two cryptocurrency mining premises in Johor have been raided for electricity theft totalling an estimated RM2.5 million (S$820,000).

For China's yuan, the path toward 7 per dollar is now wide open

June 11, 2019 10:01 AM

HONG KONG (BLOOMBERG) - China's yuan may be entering the final leg of its journey toward 7 per dollar.

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