Global political, economic, and financial restructuring
Gesara.news ยป ยป Global political, economic, and financial restructuring
Date: February 14, 2023
BRICS summit to discuss restructuring global political, economic architecture: S. African official.
A senior South African official said Tuesday that the BRICS summit to be hosted by the country this year will discuss how to restructure the global political, economic and financial architecture.
The 15th BRICS summit will take place this year in late August in South Africa's Durban.
Source: en.people.cn
Space Force launches Orbital Prime program
Space Force launches 'Orbital Prime' program to spur the market for on-orbit services.Orbital Prime launches to spur government and private investment in on-orbit servicing, assembly, and manufacturing (OSAM) technologies.
Sources: spacenews.com
Joint Declaration of Support for Democratic Change in Venezuela
A swift and peaceful transition to democracy is the most effective and sustainable route to stability, recovery and prosperity in Venezuela. We remain committed to helping the Venezuelan people achieve a peaceful, prosperous and democratic future.Source:www.state.gov
HSBC introduces tokenized gold platform
HSBC is the First Bank in the World to Offer Tokenized Gold.HSBC Holdings Plc, a major bullion bank, has introduced a platform that utilizes blockchain technology to tokenize ownership of gold stored in its London vault.
This platform generates digital tokens representing gold bars, making gold trading more accessible.
While initially targeting institutional investors, it plans to open up to retail investors where regulations allow.
HSBC's entry into the tokenized gold market is notable due to its significant role as a custodian of precious metals and a clearer on the London gold market.
The technology promises to streamline the process, allowing clients to easily track their gold ownership down to the serial number of each bar.
HSBC has been actively exploring blockchain technology and recently launched HSBC Orion, a tokenization platform for digital bonds, with successful applications in the market.
Tether Launches Gold-Backed Token XAUt0 on TON Blockchain
๐ June 3, 2025: Tether has just introduced XAUt0, an omnichain gold-backed token now available on the TON blockchain. This move boosts interoperability and mobility of digital gold across multiple networks, bringing the stability of precious metals into the Web3 era.๐ก๐June 18, 2024: Tether has introduced Alloy, a series of gold-collateralized assets.
The first product, AUSDT, is a token that mirrors the U.S. dollar's value but is backed by Tether Gold (XAUT).
This innovative approach, created by Tether's subsidiaries, Moon Gold NA and Moon Gold El Salvador, aims to provide stable, gold-backed digital assets.
CEO Paolo Ardoino highlighted the novelty and potential market impact of this mechanism.
Initially available on the Ethereum blockchain, AUSDT allows XAUT holders to transact in a dollar-like currency, with over 8 million AUSDT issued, supported by more than 140 kg of gold.
Zimbabwe to issue more gold coins
Zimbabwe hails gold coin success and wants to issue more.Gold coins used as currency in Zimbabwe will soon be available in smaller denominations, the central bank says.
Those higher-value gold coins are available to buy at approved banks and are tradeable locally.
Sources: bbc.com