Will the war in Ukraine remove the US dollar from its throne in favor of the Chinese yuan?

  The Russian invasion of Ukraine exposed the imbalance in the global financial system. After the West targeted the assets of the Russian Central Bank and froze about $300 billion out of $640 billion of Russia’s gold and foreign exchange reserves, Russia was left with only some gold and Chinese renminbi assets. The US dollar … Read more

The war in Ukraine tests the neutrality of cryptocurrencies | translator

The following is an exclusive translation by Arab48 of an article by the writer in the American “Wired” magazine, Jian M. Volpicelli, Cryptocurrency and International Relations Specialist. Translation: Anas Samhan. Who are the digital currencies for? If we ask Satoshi Nakamoto, the person (or persons) responsible for creating Bitcoin in 2008, he will probably refuse … Read more