Aruanne: UK Gold Dealer Sold Out of Bullion After Pound’s Record Fall Causes Demand to Skyrocket

The United Kingdom-based gold dealer, Ash Kundra, has claimed that he recently ran out of gold coins and bars after the demand for the precious metal skyrocketed. The pounds plunge to a record low versus the dollar, as well as the......

A Recent SEC Filing Shows the World’s Largest Asset Manager Blackrock Plans to Launch a Metaverse ETF

According to a recent filing, Blackrock, the multi-national investment company based in New York City and the worlds largest asset manager, has plans to create a new exchange-traded fund (ETF) based on metaverse companies. The funddubbed the Ishares Future......

Chinese Central Bank Says It Will Prioritize Stabilizing Currency After Yuan Plunges to 14-Year Low Versus USD

Moments after the Chinese yuans onshore exchange rate versus the U.S. dollar slumped to 7.2458 per dollar, the Peoples Bank of China responded by stating that it will prioritize stabilizing the currency. Similar to other currencies that have been depreciating against......

Binance Seeks License to Reenter Japanese Crypto Market After Exiting 4 Years Ago: Aruanne

Crypto exchange Binance is reportedly seeking to reenter the Japanese crypto market. The company exited Japan four years ago after the countrys financial regulator warned that Binance was operating illegally without a license. Binance Wants Back in Japan Crypto exchange Binance......

South African Financial Services Giant Nedbank Secures a ‘Village’ in the Metaverse

The South African financial services giant, Nedbank, is reported to have acquired a village in the metaverse. The village will be used to showcase African creativity and to create experiences thatgo beyond banking.By securing a virtual property in Ubuntuland,......

Nasdaq Establishes Crypto Unit — Sees Increased Demand for Digital Assets Among Institutional Investors

Nasdaq has announced the launch ofNasdaq Digital Assetsciting increased demand for digital assets among institutional investors in recent years. Initially, the new crypto unit will offer custody solutions for bitcoin and ether to institutional investors. Nasdaq Establishes Crypto Unit......

Bitcoin-Embracing El Salvador President’s Re-Election Declaration Slammed

Just over a year after overseeing El Salvadors adoption of bitcoin, the Central American countrys 41-year-old president, Nayib Bukele, recently declared his intention serve another five-year term. The announcement has been criticized by some who have been quick to remind Bukele......

US Senator Wants Congress to Step in With Crypto Guidance — Urges SEC to Provide Much More Clarity on Regulations

USA. Senator Pat Toomey says Congress should step in and provide a regulatory framework for cryptocurrency. He stressed that the U.S. Väärtpaberi- ja börsikomisjon (SEC) is not sharing its framework for regulating crypto with lawmakers, noting that Chairman Gary Gensler......

Blockchain Gaming Publisher and Web3 Firm Animoca Brands Secures $110 Miljon

Blockchain gaming publisher Animoca Brands announced the company has raised $110 million in a funding round led by Temasek, Boyu Capital, and GGV Capital. The company raised the funds by issuing convertible notes to a handful of institutional investors. Animoca Brands......

IMF Bailout Could Be in UK’s Future, Says Strategist

Mizuho Securitieshead of global macro strategies has warned that an IMF bailout may be in the U.K.’s tulevik. enamgi veel, a former chancellor of the exchequer cautioned that Britain is entering a long and severe recession, emphasizing that it’s “the worst......