A month after the initial reports emerged that Kazakhstan’s central bank plans to invest in cryptocurrencies, governor Timur Suleimanov provided further details today that actually differ slightly from the initial idea. As reported by Reuters, the governor of the central bank said during a briefing on interest rates that the entity is “currently developing a list of instruments in which …
Continue ReadingThe administration’s rush to secure the components for the military could benefit renewable energy — someday. Last year, the Trump administration appeared to give up on the future of renewable energy entirely. It launched an all-out war against offshore wind; threw up byzantine regulatory hurdles to block renewables on public land; and effectively gutted the Biden administration’s Inflation Reduction Act, …
Continue ReadingThe Central Bank of Nigeria (CBN) has taken delivery of responsibly sourced gold refined to London Bullion Market Association (LBMA) Good Delivery standards into its foreign reserves. This brings the CBN’s total gold holdings to $3.5 billion, marking a significant step in its reserve diversification strategy. The gold, sourced in Nigeria, was aggregated by the Solid Minerals Development Fund (SMDF) …
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