ftx

NY Federal reserve launches CBDC “trial” on the heels of FTX collapse

central bank digital currency

Several weeks ago, the New York Federal Reserve quietly launched a 12 week long trial of a CBDC “digital dollar” pilot program in partnership with global banking giants like Citigroup Inc, HSBC Holdings Plc, Mastercard Inc and Wells Fargo & Co. The NYFR describes the project as an attempt to test the feasibility of using … Read moreNY Federal reserve launches CBDC “trial” on the heels of FTX collapse

Weekly Precious Metals News and Gold Prices

Gold, Silver and Platinum began trading higher in the lead up to the midterm elections. There continues to be controversy surrounding the counting of votes in some states and precincts. Most mainstream media outlets have confirmed that the balance of power in the House of Representatives will shift across the aisle to the Republican party. … Read moreWeekly Precious Metals News and Gold Prices