Kitco News
Retail investors buy the dip as Royal Mint reports solid demand for digital gold and silver -
(Kitco News) - After a months-long correction that pushed precious metals into bear-market territory, investment demand for bullion is starting to recover, with particularly strong growth in digital silver, according to the latest sales figures from the British Royal Mint.
Gold, silver firm as Fed hold, Hormuz oil spike hit equities - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are modestly higher in late-afternoon U.S. trading Wednesday, as the Federal Reserve held interest rates steady while rising oil prices, firm Treasury yields and a sharp equity selloff kept defensive demand in play. At the time of writing, spot gold was trading near $4,043.60 an ounce, up 0.12%, while spot silver was trading near $57.26, up 0....
‘Market participants are learning to play the ball, not the referee… and we're just getting started’ – Fed Chair Warsh -
(Kitco News) – After the Federal Reserve held rates unchanged as expected, Fed Chair Kevin Warsh used his second press conference to address the reemergence of dissent on monetary policy, the challenges of parsing economic shocks, and the need to adapt to life after forward guidance, while reiterating his commitment to the 2% inflation target and post-FOMC pressers – at least through 2026.Warsh...
Gold price jumps as Federal Reserve leaves interest rates unchanged -
(Kitco News) - The gold market is enjoying a modest relief rally after the Federal Reserve left interest rates unchanged; however, the central bank continues to maintain a solid tightening bias.
Investors are still cashing in unwanted gold jewelry, but panic selling has faded - House of Kahn Estate Jewelers -
(Kitco News) - Gold is stuck in neutral, holding support at $4,000 an ounce, and the market could remain under pressure as consumers continue to take advantage of elevated prices by selling their unwanted jewelry.
Gold and silver likely stuck in current range, markets overstate chances of Fed rate hikes – StoneX -
(Kitco News) – While the Federal Reserve is likely to maintain its hawkish tone, the market’s rate hike expectations are too high given the data, while gold and silver prices will probably remain rangebound with a downward bias, according to market strategists at StoneX.
Fed’s core inflation comments could move markets despite likely rate hold - Fifth Third’s Adams -
(Kitco News) – Even if the Federal Reserve holds rates unchanged as expected, any comments relating to the United States’ core inflation rate could cause a significant repricing of rate expectations, yields and gold, according to Bill Adams, Chief U.S. Economist at Fifth Third Commercial Bank.
Gold holds above $4,000 as Fed decision keeps traders defensive - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices are modestly lower and spot silver prices are slightly higher ahead of the North American market open Wednesday, as traders kept positioning tight before the Federal Reserve’s rate announcement and Chair Kevin Warsh’s press conference. At the time of writing, spot gold was trading near $4,017.10 an ounce, down 0.27%, while spot silver was trading near $5...
Gold, silver slide as buyers stay sidelined ahead of the Fed - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are lower in late-afternoon U.S. trading Tuesday, as sellers kept pressure on precious metals ahead of Wednesday’s Federal Reserve decision even as Treasury yields and crude oil prices moved lower. At the time of writing, spot gold was trading near $4,027.40 an ounce, down 1.18%, while spot silver was trading near $57.02, down 2.19% on the session.
Fed will hold until at least September, gold likely stuck in neutral for 3-6 months – SIA’s Cieszynski -
(Kitco News) – With the Iran war generating enormous volatility in energy markets and inflation expectations, the Fed will do its best not to make waves until September at the earliest, which means gold prices will likely be stuck in neutral until the fall if not early 2027, according to Colin Cieszynski, chief market strategist at SIA Wealth Management.Cieszynski told Kitco News on Friday that...
Zero Hedge
'We Have Special Forces': Netanyahu Unfazed By Global Threats Of Arrest -
'We Have Special Forces': Netanyahu Unfazed By Global Threats Of Arrest
Via Middle East Eye
Israeli Prime Minister Benjamin Netanyahu told Fox News on Tuesday that he was not too bothered by the International Criminal Court's (ICC) arrest warrant for him, because Israeli special forces would protect him should any country try to take him into custody.
"It scares me in this sense...
Trump Admin Set To Ban Chinese Robots In "Economic Security" Push -
Trump Admin Set To Ban Chinese Robots In "Economic Security" Push
The Federal Communications Commission is planning to unveil a series of new trade restrictions on Tuesday afternoon that will ban imports of Chinese humanoid and quadruped robots, as well as connected power inverters. This announcement comes ahead of the expected boom in physical AI.
Chinese company Unitree reveal ...
America's Murder Problem Is Smaller Than It Looks -
America's Murder Problem Is Smaller Than It Looks
Authored by John R. Lott Jr. via RealClearPolitics,
World Cup visitors discovered something many Americans already know: The United States does not feel like the dangerous place they've been led to expect. That's because America's murder problem is not spread evenly across the country. Does the United States have a higher murder ra...
Cuba Expands Market Reforms As Socialist Economy Buckles Under Trump Pressure -
Cuba Expands Market Reforms As Socialist Economy Buckles Under Trump Pressure
Granma, the official newspaper of the Communist Party of Cuba's Central Committee, reported Wednesday that Havana is easing restrictions on private businesses and self-employed workers as it attempts to stabilize an economy battered by decades of failed socialist policies and renewed pressure from the Tr...
US & Global Reliance On Fossil Fuel Unchanged In 25 Years -
US & Global Reliance On Fossil Fuel Unchanged In 25 Years
Authored by Edward Ring via American Greatness,
So far this century, worldwide energy use is up nearly 60 percent, and, as anyone living in Western industrialized nations knows all too well, we have spent trillions of dollars to “decarbonize” our economy. And guess what? Our dependence on fossil fuels is unchanged.
To ma...
US Measles Cases In 2026 Highest In 35 Years -
US Measles Cases In 2026 Highest In 35 Years
The number of measles cases this year has become the highest since 1991, the Centers for Disease Control and Prevention said on July 24.
Forty-five states have confirmed 2,318 cases through July 23, the CDC said this week.
That’s up from 2,289 cases in 2025 and the highest since 1991, when 9,643 cases were recorded.
Outbreaks are ongo...
Russia Charges Telegram Founder Pavel Durov With Aiding Terrorism, Issues Arrest Warrant -
Russia Charges Telegram Founder Pavel Durov With Aiding Terrorism, Issues Arrest Warrant
Authored by Guy Birchall via The Epoch Times,
Russia's Federal Security Service (FSB) said on July 29 that it had charged Telegram founder Pavel Durov with facilitating terrorist activities and issued an international warrant for his arrest.
Pavel Durov in Jakarta, Indonesia, on Aug. 1, 2017. ...
Red Sea Redux: Saudis Call For 'Coalition Of The Willing' To Protect Shipping From Houthis -
Red Sea Redux: Saudis Call For 'Coalition Of The Willing' To Protect Shipping From Houthis
Here we go again... after months ago President Trump urgently pushed for an international naval alliance to 'open' the Strait of Hormuz amid the Iran war, which was met with at the time with a collective cold shoulder from European allies, the Saudis are newly pitching the same to open up the...
Secret Service Agent Arrested In Hazing Incident -
Secret Service Agent Arrested In Hazing Incident
Authored by Susan Crabtree via RealClearPolitics,
Secret Service agent Marquez Pinder was arrested and charged Sunday with five felony counts in a near-fatal fraternity hazing incident that occurred this spring, according to court documents.
RealClearPolitics first reported in June that the agent was put on administrative leave w...
US Launches New Airstrikes On Iran After Trump Warned "They're Going To Get A Beating" -
US Launches New Airstrikes On Iran After Trump Warned "They're Going To Get A Beating"
Summary
New US attack wave on Iran begins in overnight hours.
Tehran denies seeking talks, insists on Hormuz terms.
Oil climbs as attacks on Saudi energy sites continue.
Conflict widens with joint US-Saudi strikes in Iraq which killed at least 20.
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Will the U.S. invade...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
Hong Kong gold flows hit decade high in advance of new clearing system -
By Yihui XieBloomberg NewsTuesday, July 28, 2026
Hong Kong's imports of gold surged to the most since late-2014 in June, driven by preparations for the city's recently-launched clearing system as well as solid demand from mainland China.
Bullion inflows surged to more than 130 tons, according to the city's customs authority. Net imports, which indicate how much of the precious metal is staying ...
Anglo American in talks to sell De Beers for about $1 billion -
By Thomas Biesheuvel, Antony Sguazzin, and William ClowesBloomberg NewsWednesday, July 29, 2026
Anglo American Plc is discussing a deal worth about $1 billion to sell its De Beers diamond business, just a fraction of what the one-time diamond monopoly was once worth.
Anglo has been looking to sell De Beers since it fended off an almost $50 billion approach from BHP Group in early 2024, yet its ...
Zijin Gold drops Allied deal in favor of $295 million stake -
By Sybilla GrossBloomberg NewsWednesday, July 29, 2026
Zijin Gold International's deal to acquire Canada's Allied Gold Corp. has been scrapped, with the Chinese mining company opting instead to invest about $295 million in the African-focused gold producer.
Zijin Gold and Allied Gold terminated the transaction after concluding there's "no reasonable likelihood" that all conditions to close the ...
Zijin's $5.5-billion acquisition of Allied Gold in jeopardy as China stalls approval -
By Niall McGeeThe Globe and Mail, TorontoTuesday, July 28, 2026
Zijin Gold International Co.'s $5.5-billion planned acquisition of Allied Gold Corp. is in jeopardy, with China dragging its feet on approving the transaction, Allied chief executive Peter Marrone told The Globe and Mail.
In January, Zijin Gold offered $44 a share in cash for Toronto-based Allied, which at the time represented an a...
Mike Maharrey: Inflation is worse than CPI indicates, as you might have noticed -
By Mike MaharreyMoney Metals Exchange, Eagle, IdahoTuesday, July 28, 2026
We all intuitively know that prices are rising faster than the Consumer Price Index indicates. We feel the pain every time we go to the grocery store or gas station. But just how much is price inflation impacting us here on Main Street?
I started pondering this question the other day when I ran across a graph tracking the...
Wolf Street
Legal Tender News
Legal Tender Forces Gold Out -
The government has many ways of forcing us to use their paper dollar as money. The tax on capital gains on gold (I wrote about this here) is one bullet in their gun. The legal tender law—U.S. Code ...
These Countries May Be Next To Accept Bitcoin as Legal Tender -
One of the main knocks against cryptocurrency has always been that it will never gain universal adoption, meaning its usefulness will always be limited. This perhaps changed forever on September 7, ...
Bill Introduced To Make Bitcoin A Legal Tender In Arizona -
Senator Wendy Rogers has introduced a bill proposing to make bitcoin a legal tender in the U.S. state of Arizona. The bill seeks to add bitcoin to the list of instruments considered legal tender in ...
What Is Considered Legal Tender in the US? -
"Legal tender" means that the financial instrument in question legally serves to pay any public or private debt. Federal law guarantees its printed value regardless of its intrinsic convertible value, ...
The Conundrum Of Bitcoin Legal Tender Laws -
Nayib Bukele, El Salvador’s laser-eyed President, shocked the world at the Bitcoin 2021 conference in Miami when he announced that bitcoin would become legal tender in his country. A few days later, ...
CoinDesk
Bitcoin's quantum plan assumes some algorithms break. AI just weakened one in 60 hours -
The HAWK system isn't deployed anywhere, and Bitcoin doesn't use it. But is sitting in the same quantum race that Bitcoin developers are scrambling to finish.
Senators ready to send stricter ethics rules on Trump's crypto ventures to White House, sources say -
Insiders say that the bipartisan Senate duo revamping the bill's Trump-approved ethics section have come up with something they hope wins sufficient yes votes.
Robinhood slides 4% despite earnings beat as crypto revenue cools -
The brokerage reported $100 million revenue from crypto trading, a 38% decline in a year, offset by stronger options, equities and prediction markets activity.
As crypto perpetual futures boom, Ethereum’s role is shifting -
Rather than competing directly with faster chains, some builders argue Ethereum's strength lies in supporting the layer-2 networks where trading is taking place.
Fed holds rates steady, extending pause as markets await Kevin Warsh's policy roadmap -
For the first time in several years, markets were somewhat split on whether the U.S. central bank would hike rates.
The traditional 9-to-5 banking day is officially dying, says Morgan Stanley execs -
Tokenization and 24/7 markets are reshaping finance, making always-on banking a reality.
Stablecoin firm Brale says new protocol can remove a major hurdle to scaling custom tokens -
Today's bridge model won't scale as hundreds of companies issue their own stablecoins, fragmenting liquidity, Brale CEO Ben Milne said in an interview.
Coinbase hit by spot trading slump: Wall Street trims expectations ahead of earnings -
Wall Street expects a sluggish second quarter from Coinbase as crypto trading activity cools, putting all eyes on and pending U.S. crypto legislation.
Crypto Long & Short: What this year's $972 million crypto hacks actually tell us about security -
In this week's Crypto Long & Short, Immunefi's Mitchell Amador writes that most of 2026's stolen crypto is leaving through keys, signers and governance, not contract bugs, and explains why “we were audited” was never the same as “we are safe.”
Ethereum Foundation names pcaversaccio to board amid leadership changes -
pcaversaccio (known as "pc"), is a prominent security researcher in the Ethereum ecosystem. His addition brings the foundation's board to four members.
bitcoin.com
Someone in England Is About to Lose $200,000 They Won and They Have No Idea -
A EuroMillions ticket worth £177,547.30, roughly €200,000, bought in Watford just north-west of London for the January 16, 2026, draw was never claimed before the UK’s 180-day cutoff at midnight on July 15. With no valid claim filed, the still-unknown winner has permanently missed out and the prize will now be routed into National Lottery-funded […]
Luno Eliminates 20% of Global Workforce as Automation Changes Crypto Exchange Priorities -
Crypto exchange Luno is reducing its global workforce by 20%, though the exact number of impacted employees—including those in South Africa—has not been disclosed. Second Wave of Layoffs Cryptocurrency exchange Luno is cutting 20% of its global workforce and reorganizing its operations into three distinct units amid a downturn in retail trading and an increased […]
DOJ Indicts Crypto Investor Over Alleged $20 Million Fraud Targeting Dozens of Victims -
Federal prosecutors allege a crypto investor orchestrated a scheme that caused about $20 million in losses. The case now heads toward a trial as investigators highlight the alleged misuse of investor funds and cryptocurrency exchanges. Federal Indictment Alleges $20 Million Investment Scheme The U.S. Attorney’s Office for the District of South Dakota announced that a […]
Binance Adds Gold and Silver Options, Bringing Commodity Markets to Crypto Traders -
Binance users can now trade options with expirations as short as one day on gold and silver settled in USDT without owning either metal. The launch pushes the exchange deeper into traditional markets as crypto platforms compete for commodity trading activity. Binance Moves From Perpetuals to Options Crypto exchange Binance launched gold and silver options […]
CME Group Targets $650 Billion Sports Industry With First Sports Index Futures -
CME Group announced plans to launch futures tied to sports performance indexes, opening the $650 billion global sports industry to exchange-based risk management. The first cash-settled contracts are expected this summer, pending regulatory review. CME Targets an Unhedged Sports Market CME Group announced a long-term partnership with Futuresports on July 29. The Chicago-based administrator turn...
Reason
Rebekah Jones, Claimed 2020 Florida Health Department COVID-19 Whistle-Blower, Loses Lawsuit Over Firing -
From Jones v. Florida Dep't of Health, decided by Florida Court of Appeal Judges Joseph Lewis, Ross Bilbrey, and Thomas…
The post Rebekah Jones, Claimed 2020 Florida Health Department COVID-19 Whistle-Blower, Loses Lawsuit Over Firing appeared first on Reason.com.
Viewpoint and Race Discrimination Claim in COVID Relief Grants Can Go Forward -
A short excerpt from the long opinion today in African People's Ed. & Defense Fund, Inc. v. Pinellas County, written…
The post Viewpoint and Race Discrimination Claim in COVID Relief Grants Can Go Forward appeared first on Reason.com.
Magistrate Judge Recommends Massive Sanctions on Rabbi Shmuley Boteach for Violating Court Order in Anti-Semitism Lawsuit -
The recommendation includes entry of a default judgment against Boteach in a defamation lawsuit brought against him by a Florida hotel.
Records Show the Government Illegally Surveilled James Comey and Confirm the Absurdity of Its Case Against Him -
The Secret Service asserted a nonexistent "emergency" to track Comey's cellphone, and the FBI's evidence falls far short of proving his seashell picture was a crime.
No Pseudonymity for the Pretend Date in Pentagon Contractor's Suit Over Hidden Date Recording by O'Keefe Media Group -
First, a quick summary from today's decision by Judge Amit Mehta (D.D.C.) in Mannina v. O'Keefe Media Group: In January…
The post No Pseudonymity for the Pretend Date in Pentagon Contractor's Suit Over Hidden Date Recording by O'Keefe Media Group appeared first on Reason.com.
A Bit on Pentagon Contractor's Wiretapping Claim Over Hidden Date Recording by O'Keefe Media Group -
First, a quick summary from today's decision by Judge Amit Mehta (D.D.C.) in Mannina v. O'Keefe Media Group: In January…
The post A Bit on Pentagon Contractor's Wiretapping Claim Over Hidden Date Recording by O'Keefe Media Group appeared first on Reason.com.
Pentagon Contractor's Fraudulent Misrepresentation Claim Over Hidden Date Recording by O'Keefe Media Group Can Go Forward -
From today's decision by Judge Amit Mehta (D.D.C.) in Mannina v. O'Keefe Media Group: In January 2025, Plaintiff Jamie Mannina,…
The post Pentagon Contractor's Fraudulent Misrepresentation Claim Over Hidden Date Recording by O'Keefe Media Group Can Go Forward appeared first on Reason.com.
Pentagon Contractor's Libel Claim Over Hidden Date Recording by O'Keefe Media Group Can Go Forward -
From today's decision by Judge Amit Mehta (D.D.C.) in Mannina v. O'Keefe Media Group: In January 2025, Plaintiff Jamie Mannina,…
The post Pentagon Contractor's Libel Claim Over Hidden Date Recording by O'Keefe Media Group Can Go Forward appeared first on Reason.com.
Anthony Fauci Refuses to Answer Rand Paul's Questions After Diary Disclosures Go Viral -
Robby Soave and Amber Duke talk about Fauci's appearance before Congress, where he pleaded the Fifth rather than address COVID's origin.
Economic Development Subsidies Create a Lot of Jobs—Mostly for Lobbyists -
According to a newly published study, states that issued "extraordinarily large" economic development subsidies saw more lobbyists located in the state capital.
Cato Institute
Tenth Amendment Center
President or King? It’s not the TITLE. It’s the POWER. -
For the founders, an elective monarchy was just as bad as an hereditary one - because the core issue was the power of discretion. On this episode, it’s 6 of the most dangerous powers of a king as the founders understood them. And you just might recognize every single one of them today.
The post President or King? It’s not the TITLE. It’s the POWER. appeared first on Tenth Amendment Center.
The Buck Stops Nowhere -
Having burned through billions of dollars and depleted critical munitions stockpiles, the Pentagon is running out of money. Our money. According to the Washington Post, the Pentagon is facing an urgent budget shortfall caused largely by the Iran war, with some critical funding accounts expected to run dry within weeks. Training, maintenance and other military priorities are reportedly being […]...
Constitution Enforcement: 6 Ignored Steps That Actually Work -
The founders knew exactly what it takes to deal with unconstitutional power. How that gets done? It’s built on their experience and tactics against the British empire. On this Episode - it’s 6 steps that actually work as the real enforcement mechanism for the constitution. They come right from the American Revolution, backed by the ultimate check - the duty of self preservation
The post Constit...
Electronic Frontier Foundation
🏃 Fitness Tracker Privacy Fails | EFFector 38.14 -
Watches, bands, and rings—if you want to digitally monitor your fitness, more companies than ever are selling devices to do it. And more Americans than ever now own at least one wearable health device. But what are the companies that make fitness trackers doing to protect our sensitive data from prying eyes? A lot less than they could be, it turns out. We're explaining what companies can do to ...
San Francisco: Don’t Fall for Industry Defense of Surveillance Pricing -
The concept of “surveillance pricing” is just one part of a much larger problem and business model: corporations maximizing their profits by invading our privacy. The all-too-common business model is to systematically harvest, collate, and store as much of our personal data as possible, and then monetize it through use and sale. When it comes to surveillance pricing, that looks like corporation...
Why Are Gay Bars Building Databases of Their Patrons? -
Recent reports have raised alarm about the use of PatronScan, an ID-checking and face-scanning system, at multiple LGBTQ+ bars in San Francisco’s Castro neighborhood. Much of the attention has focused on reports that the system photographs patrons as they enter venues and questions about whether those images are used for facial recognition.
A broader privacy concern also deserves scrutiny. For ...
The Institute For Justice - Press Releases
Second Amendment Foundation
TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP -
BELLEVUE, Wash. — April 24, 2025 — The Second Amendment Foundation (SAF) is pleased to announce that Taurus Holdings Inc. has renewed their commitment to the organization as a Platinum-level corporate partner. “At Taurus, we believe that the right to keep and bear arms is fundamental to the American way of life,” said Taurus USA
The post TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP appear...
CA NON-RESIDENTS CAN APPLY FOR CARRY PERMIT STARTING APRIL 22 -
BELLEVUE, Wash. — April 22, 2025 — Thanks to a preliminary injunction in the Second Amendment Foundation’s (SAF) case CRPA v. LASD, starting Tuesday, April 22, non-resident SAF members can apply for a California carry permit. The injunction requires that California accept permit applications from any United States resident outside the state who is a
The post CA NON-RESIDENTS CAN APPLY FOR CARR...
SCOTUS DENIES CERT IN WORTH, SAF WIN IN EIGHTH CIRCUIT STANDS -
BELLEVUE, Wash. — April 21, 2025 — In a case that could potentially have far-reaching implications for similar lawsuits across the nation, the U.S. Supreme Court has denied Minnesota’s Petition for Writ of Certiorari in Jacobson v. Worth, the Second Amendment Foundation’s (SAF) challenge to the 18-20-year-old carry ban in the state. Minnesota asked the
The post SCOTUS DENIES CERT IN WORTH, SAF ...
Gun Owners of America
WY: GOA Endorses 30+ Pro-Gun Candidates Across Wyoming -
See GOA’s list of pro-2A candidates before the upcoming August 18 primary Gun Owners of America is proud to endorse the following candidates in Wyoming’s Republican primary on Tuesday, August 18, 2026: **Click on any image above to download full size graphic for sharing** To find your legislative district, click the button below; cross-reference your district with the list above … Read more
Gun Owners of America Gun Giveaway Official Rules -
Gun Owners of America GOALS 2026 Giveaway OFFERED ONLY TO LEGAL U.S. RESIDENTS AGED 18 YEARS OR OLDER, WHO ARE ELIGIBLE TO OWN A HANDGUN UNDER ALL APPLICABLE LAWS. 1. ELIGIBILITY: Open to U.S. residents age 18 years or older, who are eligible to own and lawfully receive a handgun under federal, state, and local laws, and who enter the … Read more
Gun Owners of America Sues U.S. Virgin Islands Over Unconstitutional Ban on Nonresident Right to Bear Arms -
Gun Owners of America Sues U.S. Virgin Islands Over Unconstitutional Ban on Nonresident Right to Bear Arms FOR IMMEDIATE RELEASE July 20, 2026 CHARLOTTE AMALIE, USVI — Gun Owners of America (GOA) and Gun Owners Foundation (GOF) have filed a federal lawsuit challenging the U.S. Virgin Islands’ prohibition on nonresidents exercising their Second Amendment rights. The lawsuit argues the USVI ...
Banking Dive
American Banker
Bank of International Settlements
AI and the global economy: implications for central banks -
by Iñaki Aldasoro, Leonardo Gambacorta, Enisse Kharroubi, Matthias RottnerThe AI boom is driving a large, increasingly debt-financed investment surge and boosting trade and equity markets, generating sizeable terms-of-trade and wealth effects that differ across countries. The productivity payoff from AI, though potentially large, remains uncertain and uneven, across both sectors and countries. ...
What drives exchange rate pass-throughs? Evidence from a non-parametric method -
by Emanuel Kohlscheen, Aaron MehrotraWe provide new evidence on the drivers of the pass-through of exchange rate movements into consumer prices across four decades and close to a hundred countries, combining econometrics and random forests. Random forests are particularly useful for modelling highly non-linear relationships, as well as for identifying the relative importance of the different th...
Dollarisation and monetary control: what lessons for the rise of stablecoins? -
by Boris Hofmann, Aaron Mehrotra, Jan PaulickThe emergence of stablecoins has created a new channel to access US dollar liquidity in emerging market and developing economies (EMDEs), similar to the historical role of foreign currency deposits, or "deposit dollarisation". This has raised concerns about the possible implications for monetary control in EMDEs. Drawing on data on foreign currency d...
Federal Reserve - Press Releases
FDIC - Press Releases