China Halts Gold Buying for Second Consecutive Month

by CryptoExpert

July 10, 2024

in Business

China Halts Gold Buying for Second Consecutive Month

China’s central bank, the People’s Bank of China (PBOC), has paused its gold accumulation for the second consecutive month, keeping its reserves steady at 72.8 million troy ounces. This pause ends an 18-month streak of continuous gold purchases that began in November 2022 and contributed to record-high gold prices. PBOC Pauses Gold Accumulation After 18-Month […]

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Crypto ATM Bans Advance in Delaware, New Jersey

Congress Proposes DOJ Task Force for Crypto Theft Probes

Zimbabwe Pushes Crypto Firms to Register as New Law Tightens AML Compliance Controls

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