reserves

MUMBAI: In the second half of FY25, even as the country's foreign exchange reserves decreased from $705.8 billion to $668.3 billion, RBI increased its gold holdings. According to RBI's half-yearly report, the central bank's gold reserves grew by 25 tonnes (roughly 3%) in the six months to the end of March 2025, reaching 879.59 metric

At a time when countries around the world are shifting towards digital asset strategies, the UK has made it clear, it’s not following the crowd. During the Financial Times Digital Asset Summit in London, Emma Reynolds from the UK Treasury confirmed that the country will not copy the U.S. or the EU when it comes

While the US has adopted a Bitcoin reserve, other nations indicate similar interest. Notably, Bhutan, a South Asian country, has strategically positioned Bitcoin as a pillar of its national development. Bhutan Uses Bitcoin to Fund Public Services and Salaries Bhutan currently holds over $1.1 billion worth of Bitcoin (BTC), making it the fifth-largest nation-state holder

Yesterday, President Trump announced the long awaited Strategic “Bitcoin” Reserve on Truth Social, and many in the space are pissed. First, the Reserve appears to be far from Bitcoin only. “They’re doing DEI for Charles Hoskinson,” former CoinDesk Chief Insights Columnist David Z. Morris wrote on X – Hoskinson’s Cardano (ADA) was announced to be

10:43 PM ETAlexa PhilippouESPN CloseCovers women's college basketball and the WNBA Previously covered UConn and the WNBA Connecticut Sun for the Hartford Courant Stanford graduate and...

Circle said it failed to remove $3.3 billion from Silicon Valley Bank. SVB is under FDIC receivership following its collapse. USDC depegged following the news, falling 8% to hit lows of $0.91 on Saturday morning. Circle, the blockchain payments company that issues the USDC stablecoin, has confirmed that $3.3 billion worth of USDC reserves are

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