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Trump Nominates Stephen Miran as New Fed Governor


The current Chairman of the Council of Economic Advisors will act as a temporary replacement for Adriana Kugler who quit last week. President Trump Selects Stephen Miran for Federal Reserve Seat U.S. President Donald Trump wasted no time replacing former Federal Reserve Governor Adriana Kugler with...

Chainlink Establishes Onchain LINK Token Reserve


On Thursday, Chainlink announced the creation of the Chainlink Reserve, an onchain repository of LINK tokens funded by network revenue to support long-term growth. Chainlink Reserve Holds $1M+ LINK, Aims to Grow The reserve accumulates LINK tokens using offchain payments from large enterprises...

Brazilian Lawmakers to Discuss Strategic Bitcoin Reserve Bill


The lower chamber of the Brazilian Congress will discuss an initiative proposing to invest 5% of all foreign reserves in bitcoin, creating a national Strategic Bitcoin Reserve to diversify exposure to international fiat currencies. The central bank would provide custody for these assets. Brazilian...

High-Debt Nations Eye Gold Reserve Profits for Funding, Fed Note Shows


Governments grappling with high debt are exploring an unusual accounting maneuver – revaluing national gold reserves at current high market prices to generate funds without raising taxes or borrowing more, according to a Federal Reserve analysis. Global Precedent Exists for Tapping Gold...

Talks of a New Fed Chair Heat up After Fed Governor Adriana Kugler Quits


The governor submitted her letter of resignation to U.S. President Donald Trump on Friday and will leave the central bank effective Aug. 8. Fed Leadership Shuffle Looms After Surprise Kugler Resignation Federal Reserve Governor Adriana Kugler has parted ways with the central bank just shy of...

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