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World Gold Council Exec Believes Blockchain Technology Will Bolster Trust in the Gold Industry

The World Gold Council’s (WGC) head of global sales and regional CEO, Joe Cavatoni, explained on Friday that he believes the gold industry will integrate with blockchain technology in order…

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Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries

On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,” following the aftermath of Terra’s stablecoin implosion. Circle’s CFO explained that since…

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ECB Favors Transparency Over Privacy in Digital Euro Design, Presentation Reveals

The European Central Bank (ECB) leans toward a “transparent” digital euro over one that ensures a higher level of privacy for its users, a presentation devoted to the project has…

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BNDES Director Offers New Insights on Development of Brazilian Blockchain Network

Gladstone Arantes, a director of the Brazilian Development Bank (BNDES), gave new details about the progress of the Brazilian Blockchain Network, a project that has been in development since 2018.…

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Bank of Spain Criticizes El Salvador’s Foray Into Bitcoin

The Bank of Spain, the central bank of the country, criticized the adoption process El Salvador chose when declaring Bitcoin legal tender last month. In a report titled “The role…

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