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Report: Perth Mint Faces $9 Billion Recall From China Over ‘Doped’ Gold Scandal

Report: Perth Mint Faces  Billion Recall From China Over ‘Doped’ Gold ScandalPerth Mint, Australia’s official bullion mint, currently faces a $9 billion recall from China for allegedly selling “doped” bullion and attempting to cover it up, as reported by Australia’s ABC News. The practice of doping gold involves adding impure ore like silver to the mix to cut costs and lower the quality of gold. Reportedly, […]

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Dubai Multi Commodities Centre to Issue Gold Backed Tokens Using the Xinfin Blockchain Protocol

Dubai Multi Commodities Centre to Issue Gold Backed Tokens Using the Xinfin Blockchain ProtocolThe Dubai Multi Commodities Centre (DMCC) has announced a new partnership with the firm Comtech Gold in order to digitize gold trading. The DMCC said the tokenized precious metals are backed by DMCC Tradeflow-registered gold bars, and each tokenized gold bar “will be backed by a Tradeflow warrant.” DMCC to Digitize Tradeflow-Registered Gold Bars via […]

Bitwise files for ETF tracking firms with big Bitcoin treasuries