World Bank Predicts 3% Gold Price Growth, Expert Says a $3K per Ounce ‘Is More Likely Than Not’

Byalletec

Post Views: 290 The World Bank has said it expects the price of gold to rise by 3% in 2022 but warned the price might fall sharply if the Russian central bank decides to offload large quantities of the commodity. After the price of gold surged past the $2,000 mark in early March, a new…

Global Investment Bank Goldman Sachs Offers Its First Bitcoin-Backed Loan

Byalletec

Post Views: 257 Global investment bank Goldman Sachs has reportedly offered its first-ever loan backed by cryptocurrency. The cash loan was collateralized by bitcoin owned by the borrower. A spokesperson for Goldman Sachs explained that the deal is interesting to the investment bank due to its structure and 24-hour risk management. Global investment bank Goldman…

Various Reasons Why Businesses Are Transitioning to New Technology Trends

ByAnup Kumar Jana

Post Views: 306 Technological innovation is changing the way individuals think, work and live. Over the past few years, many companies have been leveraging new trends in business technology to try to accomplish this goal. What are these trends, and why are more businesses and brands making big transitions to them? Businesses need greater agility over…

Central Bank of Cuba Introduces Specific Virtual Asset Service Providers Regulation

Byalletec

Post Views: 278 The Cuban government has issued new regulations concerning the operation of virtual asset service providers (VASPs) in the country. In an official resolution, the Bank of Cuba establishes specific procedures that these individuals or companies must follow to operate legally in the country, after establishing a general framework in August. First and…