Trump issued a stern warning to China over its BRICS bloc ambitions in a Truth Social post on Saturday afternoon.

This shift has spurred speculation that China may even push for a broader, gold-backed alternative to current currency systems as faith in fiat money declines. Could China Establish a “Gold Bank ...

Andrew also highlights China’s strategic gold acquisitions and the PBOC’s game-changing efforts to bolster the yuan with gold-backed reserves, while Basel III pressures heighten risks of a COMEX ...

BRICS has announced initiatives for a 40% gold asset backed settlement currency called The Unit, which has triggered an ...

Chinese banks clear barely 3% of the daily transactions, by value, of US-based clearing houses. Then came proposals for a ...

A gold-backed digital currency issued by the Texas State would be a “stepping stone” to Bitcoin for those skeptical to move into crypto, Texas State Representative Cody Harris believes.

China’s share of world trade has tripled ... further fueling speculation of a new gold-backed currency. Gold prices have ...

"The bottom line: the BRICS can create a currency backed by gold, but its purpose would be purely symbolic." In recent months, China and several other countries have stepped up efforts to reduce ...

Oct 31 (Reuters) - The Bank for International Settlements said on Thursday it would quit the cross-border payments platform Project mBridge, raising questions about how the scheme backed by China ...