China is seizing an opportunity to challenge American dominance in global finance and exert greater international influence at the expense of the all-powerful US dollar.

Financial markets just sent a wakeup call to the U.S. Eleven nations in the Commonwealth of Independent States (CIS), including Ukraine, eliminated the dollar as a reserve currency. This is the most ...

Pennies are worth more dead than alive. That’s been true for a long time. Constant inflation, even at the low levels of the pre-Biden era, steadily ate away at the value of the venerable 1-cent coin.

Xi Jinping has called for the renminbi to become a global reserve currency, in some of his clearest comments on his ambitions ...

At a G8 world currency meeting in 2009, Russian President Dmitriy Medvedev presented a gold coin and called it a "new world currency." This would be similar to the Bretton Woods meeting in 1944, where ...

With the first-ever White House crypto summit taking place later this week, investors are watching for any direction on what a cryptocurrency reserve entails. The chairman, CEO and co-founder of ...