Tag: reserves

Grayscale Says No To Proof Of Reserves For Safety Considerations

After the collapse of crypto large FTX, crypto exchanges are speeding to audit their reserves underneath the affect of CZ,  CEO of Binance, who first floated the concept of Proof-Of-Reserves. Nevertheless, there’s one...

Circle Begins Putting Reserves Into New BlackRock Fund

"This is a wrapper for the USDC reserve that brings benefits of that wrapper to the USDC and the ecosystem," said Circle Chief Financial Officer Jeremy Fox-Geen, in an interview with CoinDesk. All...

South Korea FX reserves fall again in Oct as won weakens By Reuters

© Reuters. FILE PHOTO: A South Korea won note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration SEOUL (Reuters) - South Korea's foreign exchange reserves shrank for a third consecutive month...

Exclusive-Vietnam may widen dong trading band again to conserve FX reserves

© Reuters. FILE PHOTO: A Vietnam Dong note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration HANOI (Reuters) - Vietnam is preparing to loosen its tight leash on the dong currency,...

USDT issuer Tether no longer holds commercial paper in its reserves

Join Our Telegram channel to stay up to date on breaking news coverage Tether Holdings Limited, the issuer of the USDT stablecoin, has reduced its exposure to commercial paper to zero. By doing this,...

S.Korea Sept FX reserves post second-biggest monthly decline on record By Reuters

© Reuters. FILE PHOTO: A South Korea won note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration SEOUL (Reuters) - South Korea's foreign exchange reserves shrank by nearly $20 billion in...

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