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Saudi Arabia threatens to ditch dollar oil trades to stop 'NOPEC' - sources
Saudi Arabia is threatening to sell its oil in currencies other than the dollar if Washington passes a bill exposing OPEC members to U.S. antitrust lawsuits, three sources familiar with Saudi energy policy said. They said the option had been discussed internally by senior Saudi energy officials in recent months. Two of the sources said the plan had been discussed with OPEC members and one source briefed on Saudi oil policy said Riyadh had also communicated the threat to senior U.S. energy officials. The chances of the U.S. bill known as NOPEC coming into force are slim and Saudi Arabia would be unlikely to follow ... (full story)
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atillaken
Apr 4, 2019 11:49pm
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Today, the United States administration announced its intention to impose a new 50% tariff on a significant number of Canadian goods. This is the latest in a series of unilateral U.S. trade actions that began with the U.S. imposing a series of tariffs in direct violation of the Canada-United States-Mexico Agreement (CUSMA), the free trade agreement between ...
From a16zcrypto.com | 6 min ago
Tokenized equities — or tokenized stocks, as they’re more commonly known — show the inroads crypto is making into Wall Street. These are blockchain-based tokens that represent traditional equities such as corporate shares, ETFs, and index products. Unlike traditional equities, tokenized stocks can be self-custodied in digital wallets, moved ...
From financefeeds.com | 48 min ago
Vietnam has issued Decree 284/2026, imposing administrative fines of up to 50 million Vietnamese dong ($1,900) on individuals who trade cryptocurrency through unlicensed platforms. The decree, signed on July 16 and effective September 1, marks the first time the country has attached enforcement penalties to its pilot crypto market program. The decree sets a ...
