ECB Confirms Gold Dethroned the Euro as the Second Reserve Asset

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A recent report by the ECB confirms that gold, following a significant rally in 2024, has become the second-largest asset held by central banks as a reserve. However, the U.S. dollar still represents over 46% of all funds held by these institutions. ECB Report Acknowledges Gold Reached Second Place Amidst World’s Reserve Assets A recent […]

Alchemy Pay Partners With Backed to Integrate xStocks on Its Platform, Pioneering the First Direct Fiat Access to Tokenized Stocks and ETFs

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This content is provided by a sponsor. Alchemy Pay, the leading fiat-crypto payment gateway, is excited to join the xStocks Alliance, a network of forward-thinking exchanges and platforms set to shape the future of capital markets. In collaboration with Backed, a pioneer in equity tokenization, Alchemy Pay is integrating xStocks on its RWA (real-world asset) […]

Report: Jack Ma’s Ant Group Plots Global Stablecoin Power Grab

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Jack Ma–backed Ant Group is said to be pursuing stablecoin licenses across multiple jurisdictions, including Singapore, according to a recent report by Bloomberg’s Lulu Yilun Chen. Ant Group’s Global Stablecoin Strategy Leaks As regulatory frameworks evolve at breakneck speed, traditional finance (TradFi) powerhouses are increasingly turning their attention to the expanding stablecoin arena. A recent […]