Ethereum News Daily TheBitTimes.com

Russian President Vladimir Putin is advancing to uproot the US dollar and G7 nations’ dominance in the global financial system. Putin, a member of the BRICS group said that the alliance is growing financially stronger than that of the G7 bloc. The ratio of BRICS and G7’s GDP is narrowing down every year giving the 11-member group an upper hand. BRICS surpassed the G7 bloc in terms of global GDP in purchasing power parity (PPP) early this year. Also Read: BRICS: China Sells the Most U.S. Assets Its Ever Sold in 4 Years The development indicates that BRICS is not far behind from the G7 countries and could race ahead in the coming years. The alliance is deking its cards at the moment and finding new ways to end reliance on the US dollar. Read here to know how many sectors in the US will be impacted if BRICS completely stops using the dollar. BRICS Is Now More Richer Than G7 Countries, Says Putin Source: newscast-pratyaksha.com Putin said in an interview early this m...

On Sep. 28, Binance CEO Changpeng Zhao said some former Binance Russia employees and the Commonwealth of Independent States might be integrated into the CommEx team. Zhao mentioned that this move aims to make the transition of Binance users to CommEx as smooth as possible in the region. CommEX’s platform, APIs, and Features are designed to closely resemble Binance to ensure a familiar experience for users. Some answers about Binance/CommEx. There will be crypto transfers between Binance & CommEx as users migrate with their funds. There are also older transactions during the testing phase of the integrations. This is expected. A few ex-Binance CIS team members may join their team,… — CZ Binance (@cz_binance) September 28, 2023 As part of the acquisition agreement, CommEX has committed to implementing blocks based on IP addresses and customer verification to avoid serving users in the U.S. and EU. Zhao also clarified that he doesn’t have any ownership stake...