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Major Trade Group Releases Framework For Tokenized Gold
Major Trade Group Releases Framework For Tokenized Gold
Authored by Martin Young via CoinTelegraph.com,
The major gold trade association, World Gold Council, and the Boston Consulting Group have proposed a new platform to modernize how the precious metal operates in digital financial systems.
The World Gold Council said on Thursday that it published a white paper on “Gold as a Service,” a new platform to “support the issuance and operation of scalable, interoperable digital gold products.”
The open platform would connect the physical custody of gold with the digital systems used to issue and manage...
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Jun 15, 2026 / Tyler Durden
Iran Offers 60-Day Toll-Free Hormuz Transit As 100s Of Ships Await Reopening
Iran Offers 60-Day Toll-Free Hormuz Transit As 100s Of Ships Await Reopening
The U.S. and Iran reached an interim agreement to reopen the Strait of Hormuz on Sunday evening, just 30 minutes before New York futures opened, with officials from both countries set to meet in Switzerland on Friday to formally sign the peace deal.
According to Iranian outlet Fars, the U.S.-Iran deal reportedly includes a 60-day toll-free window for vessels. After that period, if a more permanent deal is agreed upon, Tehran may seek to monetize the Hormuz chokepoint by...
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