Gold Hits 2-Month High Above $4,400 as China Keeps Hoarding
Gold muscled back above $4,400 an ounce this week, hitting its highest level in roughly two months as a brutal U.S. jobs print, relentless Chinese central bank buying, and suddenly…
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Gold muscled back above $4,400 an ounce this week, hitting its highest level in roughly two months as a brutal U.S. jobs print, relentless Chinese central bank buying, and suddenly…
Prediction markets and interest rate futures now point to a growing likelihood that the Federal Reserve will raise rates in September, reversing expectations from just weeks ago after officials struck…
Federal funds futures traders are pricing a majority chance that the U.S. Federal Reserve holds rates steady this week, but trading activity beneath the headline tells a more nuanced story.…
The Bank for International Settlements (BIS) says U.S. dollar-pegged stablecoins are repeating a pattern central banks have watched for decades, and the regulatory tools that used to work no longer…
The Bank of Tanzania is reportedly finalizing a new regulatory framework to oversee cryptocurrencies and stablecoins. Protecting Young Investors Tanzania’s central bank is preparing a new regulatory framework for digital…
The Central Bank of the UAE has granted a no-objection certificate to the dirham-backed stablecoin DDSC, allowing it to list on regulated exchange platforms. Federal Oversight and the Retail Transition…
Central banks added a net 41 tonnes of gold to official reserves in May, World Gold Council data published July 2 shows, extending a buying wave that has averaged 1,000…
The U.S. money supply climbed to $23.05 trillion in May, the first time the Federal Reserve’s M2 gauge has ever crossed the $23 trillion mark. The record lands as critics…
Leading central banks, financial institutions, and blockchain firms contributed to the Global Layer One (GL1) white paper on programmable compliance, which outlines a compliance architecture for tokenized financial assets and…
The Bank of England published draft rules for systemic stablecoins, easing reserve requirements and replacing holding limits with a temporary 40-billion British pound issuance cap.