XML 47 R25.htm IDEA: XBRL DOCUMENT v3.25.1

INTEREST PAYABLE

12 Months Ended

Dec. 31, 2024

Other Income and Expenses [Abstract]

INTEREST PAYABLE

15. INTEREST PAYABLE

Interest payable consist of the following:

 SCHEDULE OF INTEREST PAYABLE

		December 31,				December 31,
		2024				2023
		US$				US$
Interest payable for Convertible Promissory Note			343,151				410,548
Interest payable for Filecoin borrowed as initial pledge for Filecoin mining business			75,854				12,583
Total interest payable			419,005				423,131

MERCURITY FINTECH HOLDING INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

(In U.S. dollars, except for number of shares and per share (or ADS) data)

X

- Definition

The entire disclosure for interest and other income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Topic 610
-Publisher FASB
-URI https://asc.fasb.org/610/tableOfContent

+ Details

Name:	us-gaap_InterestAndOtherIncomeTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_OtherIncomeAndExpensesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration