dChan - Q Origins Project Archive

Gold Reserves Surge 1,000% In Hungary As It Joins Poland, Russia, China and Other Central Banks Buying Gold

For the first time since 1986, Hungary’s central bank is buying gold bullion - a lot of gold bullion.

The Eastern-European country announced that it had boosted its gold reserves ten-fold, up to 31.5 tons. It not only dramatically increased its reserves but also repatriated the gold from the Bank of England to Budapest due to concerns about "financial stability".

https://www.zerohedge.com/news/2018-10-19/gold-reserves-surge-1000-hungary-it-joins-poland-russia-china-and-other-central

Binance Crypto exchange continues its global adoption plans

Tue, 10/16/2018

Sept. 15 came with the announcement from the Binance co-founder and CEO Changpeng Zhao (also referred to as ‘CZ’): One of the largest global crypto exchanges will start testing a crypto-fiat exchange in Singapore.While no furth er details have been specified, the crypto-fiat Singapore-based exchange will presumably support the local Singapore dollar. A closed beta testing was conducted on Sept. 18, after that CZ shared a hope the platform could start its work within months.

There are currently 500+ exchanges in the world and that number is expanding rapidly. Only a small few exchanges have emerged as reliable, consistent, and honest counterparties. Binance is a market leader, there are debates which exchange has the largest volume, Binance is one of them. Binance has a huge asset offering but more importantly, only offers higher quality assets as opposed to the ‘anything and everything model.’

https://www.zerohedge.com/news/2018-10-16/binance-crypto-exchange-continues-its-global-adoption-plans