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Central Bank Gold Hoarding Hits 50-Year High


While dozens of the world’s economic leaders participate in extreme monetary easing policy, central banks have also been hoarding gold. Central banks accumulated over 668 tons in gold purchases this year, which is more than 2018’s record numbers. In fact, the key drivers in gold demand...

Central Bank in Russia Started Testing Stablecoins in a Regulatory Sandbox


In a recent development, the Bank of Russia has declared that it has started testing stablecoins in the regulatory sandbox. The Head of the Central Bank, Elvira Nabiullina, remarks that the financial regulator through the Sandbox is observing how stablecoins can function, regardless the bank...

Germans Rush to Buy Gold as Draft Bill Threatens to Restrict Purchases


Reports have emerged depicting long lines in front of a physical gold sales location in Germany, in view of pending legislation which would once again lower the anonymous purchase limit, this time from €10,000 to €2,000. The last drop happened in 2017 when the limit was set...

Shenzhen Stock Exchange Launches Index of Top 50 Blockchain Public Companies


The Shenzhen Stock Exchange has launched a blockchain index comprising 50 of the largest publicly listed companies with blockchain ventures by market capitalization. Blockchain-related stocks in China have been gaining value since President Xi Jinping openly advocated for the technology. Also read:...

Bitcoin Gained 8.9 Million Percent Over the Last Decade


2020 is fast approaching and the last decade will be behind us. Throughout the last ten years, the biggest unicorn firms were born like Uber and Airbnb. However, even though Bitcoin isn’t a company, the best investment of the decade belongs to the decentralized cryptocurrency Satoshi created....

Russia’s Central Bank Ready to Test Stablecoins + More News


Elvira Nabiullina, head of the Central Bank of Russia. Source: a video screenshot, Youtube, Bank of Russia Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulations...

Nike tokenizing shoes on the blockchain


CoinMarketCap Daily Newsletter Your daily newsletter for 11 December, 2019 “The learning process continues until the day you die.” - Kirk Douglas In today's newsletter, we will be covering: World's 2nd-largest bank CCB launching blockchain refactoring Nike patenting a system for […] The post...

Chinese Central Bank: Digital Yuan Is Not for Speculation


Source: iStock/ma-no The head of the People’s Bank of China (PBoC)’s digital currency research institute Mu Changchun has confirmed that a “digital form of the yuan” is on its way – but claimed that the digitized fiat would be “different from Bitcoin or stablecoins.” The PBoC chief also stated that...

Chinese Regulators Question 8 Crypto Companies in Shenzhen


Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with...

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