Found: 237

Russia Launches Independent Gold Exchange: An Alternative to LBMA and a Step Towards Dedollarization

... control of Western exchanges. This represents another step toward de-dollarization—transitioning to settlements in national currencies and reducing the dollar's role in global trade. In recent years, central banks of BRICS countries and several other ... ... dollar-denominated assets. The development of a proprietary gold trading infrastructure complements this strategy harmoniously. Market Impact and Benefits for Investors The emergence of a new trading platform could eventually lead to the establishment of ...

Pawnshop - Investment Features

... not accept dollars or euros. Thus, considering annual inflation, returns may be slightly lower when translated into foreign currency equivalents. Funds are issued to clients for a predetermined period. In the event of a delay, reclaiming the pledged ... ... and valuable possessions entrusted to a pawnshop undergo meticulous appraisal. Borrowers receive an amount significantly below market value. If items remain unredeemed, the pawnshop sells them for a considerable profit. This approach acts as a safeguard ...

Cryptocurrency News August 3, 2025 — Bitcoin at $113,000, XRP ETF and Institutional Influx

... platforms into familiar applications contribute to further mass adoption of crypto assets. In the long run, improved infrastructure will enhance trust from both private and institutional users, positively impacting the stability and liquidity of the digital currency market. Prospects and Expectations As of early August 2025, the cryptocurrency market demonstrates both maturity and potential for new growth. Bitcoin continues to hover near all-time highs, indicating that the previous surge has been successfully absorbed ...

Energy Sector News August 8, 2025 — U.S. Pressures India, Gasoline Export Ban, Oil Stabilization

... rubles in July, according to the Ministry of Finance—lower than planned and below expectations for the third consecutive month. The government is discussing the possibility of temporarily adjusting or suspending the dampener mechanism if oil prices and currency factors continue to reduce export earnings. Commentary: “In July 2025, dampener payouts decreased by 58% compared to the same period in 2024 (to 59.9 billion rubles),” notes Sergey Tereshkin, CEO of the fuel marketplace Open Oil Market. “Oil companies are left with no choice but to raise prices in those market segments where fuel price increases are not associated with the risk of subsidy non-payment. These include exchange prices for AI-95 gasoline, which are not accounted ...

Cryptocurrency News August 1, 2025 - Bitcoin at $118,000, SEC and XRP in Focus

... He called such allocation the optimal balance of risk and return in the context of rising public debt and devaluation of fiat currencies. For comparison, just in 2022, Dalio advised holding only 1-2% in Bitcoin. This pivot is significant: even conservative ... ... capital infusion and changes in the strategies of major players enhance the legitimacy of cryptocurrencies in the eyes of the market. Previously, participation in digital assets was primarily limited to specialized funds and technology enthusiasts, but ...