Search
UK Media Reports: World Gold Council Set to Unveil 'Digital Gold'
2 week ago /
Read about 0 minute
Author：小编
The Financial Times has revealed that the World Gold Council intends to introduce digital gold, aiming to transform London's $900 billion physical gold market and innovate new methods for trading, settlement, and collateralization. David Tait, CEO of the Council, explained that this initiative will mark the first time gold can circulate digitally as collateral within the ecosystem. Despite physical gold being favored by investors as a safe-haven asset due to its absence of counterparty risk, Tait believes that digitization is essential for broadening the gold market's reach.
-
C114 Communication Network -
Communication Home
7 X 24 Track global technological trends
