By Emir Abyazov Key highlights: Tether holds more than 140 tons of gold, valued at roughly $23 billion. XAUt market capitalization exceeds $4 billion, dominating gold-backed stablecoins. Tether buys 1-2 tons of gold weekly to strengthen its stablecoin ecosystem. Tether is rapidly emerging as one of the largest private holders of gold in the world, […]
Tag: Switzerland
By Ronaldo Marquez At the World Economic Forum in Davos, Switzerland, Hong Kong’s Financial Secretary, Paul Chan Mo-po, announced the region’s plan to issue licenses for stablecoin providers in the first quarter of this year as the city seeks to strengthen its position as a leading hub for financial technology. Hong Kong’s Regulatory Framework Chan […]
By Jon Nielsen A good crypto-friendly bank will allow you to access all the fiat currency and crypto services you need under one roof. We’ll highlight banks that provide their services to everyday customers and banks that primarily cater to institutional investors and businesses. To help the broadest range of users, we made sure to […]