A gold-backed digital currency issued by the Texas State would be a “stepping stone” to Bitcoin for those skeptical to move into crypto, Texas State Representative Cody Harris believes.

Gold-backed digital currency. Lawmakers propose state-wide digital coins fully redeemable in precious metals, offering ...

of US-based clearing houses. Then came proposals for a Brics currency, constituted as a weighted average of existing Brics ...

Zimbabwe’s gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the dollar for a second day on the back of tighter monetary policy. The ...

Trump issued a stern warning to China over its BRICS bloc ambitions in a Truth Social post on Saturday afternoon.

Gold has traditionally been used as a hedge against inflation and unstable economies. As per Joseph Cavatoni, senior market ...

Zimbabwe’s gold-backed currency posted its first gain in more than two weeks, suggesting that tighter monetary policy is working the central bank said. The ZiG, short for Zimbabwe Gold ...

They want to protect against political risks and move away from traditional currency reserves. Mason cites the BRICS coalition's plans for a gold-backed currency as a factor reshaping market ...

This approach draws from historical precedents, such as the Bretton Woods system, which tied the US dollar to gold ... However, the transition to a gold-backed currency requires a serious ...

IMANI Africa has raised concerns about the feasibility of the New Patriotic ... the cedi by increasing gold-backed reserves, theoretically adding strength to the currency. However, Mr Asare ...

Dollar imperialism is the force that backs Uncle Sam’s role as the world’s policeman, ensuring that the U.S. maintains its ...