From August 5-7, the Blockchain Summit Latam On Tour 2026 will take place at the Faculty of Economics and Business (FEN) of the University of Chile.

It will be the meeting point for enthusiasts of this technology and its applications, as well as “authorities, regulators, central banks, commercial banks, asset managers, capital market players, fintechs, and technology companies to address the main challenges and opportunities associated with the transformation of the financial system.”

BSL On Tour 2026 includes three regional events — Lima, Santiago, and Bogotá — to “promote dialogue among those who regulate, finance, operate, and build the new financial infrastructure of Latin America.”

Rodrigo Sainz, founder and CEO of Blockchain Summit Latam, spoke about the Peruvian edition, highlighting the participation of stakeholders such as “central banks, regulators, commercial banks, and technology companies sharing the same table to discuss the future of financial infrastructure,” including cryptocurrencies, tokenization, payments, stablecoins, capital markets, and operational efficiency.

These topics will also be included on the agenda of the event in Chile, along with traditional banking and technological advancements, which will be addressed in keynote speeches, panel discussions, specialized workshops, and networking opportunities geared toward the financial and technology sectors.

M.Pino

Source: cointelegraph.es

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Gold could reach record prices in 2026, according to forecasts from the World Gold Council (WGC) in London, given the increase in demand driven by central banks.

Gold is a safe haven asset that is experiencing an upward trend globally, despite the drop in demand in the jewelry industry due to high prices.

“Experts agree that the precious metal remains a safe haven, especially in times of political or financial instability. The combination of Trump’s escalating trade war, a cautious US Federal Reserve, and uncertain global growth has maintained strong demand for gold from both institutional and retail investors.”

Added to this are the gold reserves held by central banks worldwide to reduce their reliance on the dollar, “a trend that supports the long-term momentum of the gold price.”

Figures from the World Gold Council indicate that central banks around the world “have purchased more than 700 tons of gold in the last 12 months,” clearly demonstrating institutional confidence in the long-term value of the precious metal, particularly in countries like China, India, Turkey, and Russia. This trend is also observed in other nations, such as Poland, Switzerland, and Germany.

M.Pino

Source: euronews

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From November 12-14, the Blockchain Summit Latam will be held at EAFIT University in Medellín, Colombia. Experts will analyze the future of digital finance through conferences on central banks, exchanges, new technologies, tokenized money, and open finance.

The event will bring together more than 70 confirmed speakers, including representatives from the Central Bank of Colombia, the Central Bank of Brazil (Drex Project), the Chilean Financial Market Commission (CMF), and the Colombian Financial Superintendency (SFC), along with executives from Binance, Tether, Circle, Ripple, Smartpay, Bitpanda, Hedera, BBVA, and BTG Pactual, among others.

During BSL 2025, the “Financial Lab” will be presented. This laboratory will feature workshops where banks and fintechs will test real-world use cases of tokenization, as well as cross-border payments and stablecoins in institutional trading environments.

More than 1,000 daily visitors are expected to attend to learn about the latest developments in the crypto-financial ecosystem, regulatory frameworks, fintechs, exchanges, and blockchain projects within the region’s new digital financial system.

M.Pino

Source: diariobitcoin

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The price of gold could continue to rise in 2025, according to estimates by Heraeus Precious Metals, due to a scenario marked by a weak dollar, new interest rate cuts globally and the intensification of geopolitical conflicts.

According to the analyst firm, gold prices would be “between $2,450 and $2,950 per ounce in 2025, influenced by the continuation of purchases by the main central banks, although in smaller quantities than in 2024, and geopolitical risks in Ukraine and the Middle East.”

The precious metal is known to be used as a safe store of value in times of political and financial uncertainty. Therefore, its value tends to increase “in the face of expectations of lower interest rates, which reduce the opportunity cost of holding this non-yielding asset.”

In 2025, the Chinese government may implement economic stimulus measures, so that together with India it could boost demand for gold. In fact, the Chinese central bank resumed buying gold for its reserves in November after a six-month break.

On the other hand, the uncertainty regarding trade and taxes generated by the return of Donald Trump to the presidency of the United States is a key factor in the increase in the price of gold, according to Steffen Metzger and Stefan Staubach, from the precious metals division of Heraeus.

Gold has risen more than 29 % this year and is on track for its best annual performance since 2010, driven by central bank interest rate cuts and rising geopolitical tensions.

M.Pino

Source: marketscteener

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A pilot plan to create a new digital currency platform and accelerate cross-border payments is led by the G7, the Federal Reserve and the main central banks of Europe, Korea and Japan. 40 of the world’s main banks have joined the project.

The project was named Agora. “Seven central banks in total are involved and their goal is to test whether so-called tokenized bank deposits can be used in combination with tokenized central bank currencies (CBDCs) in a faster and more advanced system.”

This pilot will focus on a wholesale CBDC, used only between banks and not by the public, with the aim of solving the “problems posed by different time zones, legal requirements, and regulatory and technical systems.”

On the list of participating banks are major lenders such as JPMorgan, HSBC, UBS and the Japanese MUFG.

The banks of the Ágora project and another called mBridge are working on the development of a CBDC aimed at these purposes, “launched in 2021 by the central banks of China, Hong Kong, Thailand and the United Arab Emirates, to which Saudi Arabia has recently joined.”

M. Pino

Source: eleconomista

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The International Monetary Fund recently indicated in a report that it foresees a reduction in global inflation this year of 5.9 %.

According to Pierre-Olivier Gourinchas, economic advisor and director of the IMF Research Department, this would mean disinflation just below that achieved in 2023, of 6.7%.

In the article, published on July 16 by the IMF, Gourinchas also points out that “in some advanced economies, especially the United States, progress on disinflation “has slowed and the risks point to the upside.”

The IMF has noted a balance in risks, although two downside risks in the short term have gained importance.

New inflation challenges

According to the international organization, “the new challenges of disinflation in advanced economies could force central banks, including the Federal Reserve (Fed), to keep borrowing costs elevated for longer.”

This would certainly pose a risk to overall growth, with further upward pressure on the dollar, as well as negative spillovers to emerging and developing economies.

“There is a growing body of empirical evidence, including some of our own, that points to the importance of broad global inflationary shocks – primarily energy and food prices – as drivers of rising inflation and its subsequent decline over a wide range of countries.” range of countries,” the IMF has said.

But it’s not all bad news. The international financial entity has clarified that as the general shocks eased, the inflation rate was reduced without causing a recession.

In any case, they maintain their focus on the increase in energy and food prices, which has reached levels similar to those before the pandemic in many countries, although it is not general inflation.

M.Pino

Source: finanzasdigital

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In the first nine months of 2023, central banks around the world have intensified their interest in acquiring reserves of this coveted metal, with China and Russia leading the bullish trend. According to the World Gold Council, purchases of gold by central banks reached 800 tonnes net, an increase of 14% compared to the same period last year.

For 2024, projections indicate that central banks’ gold rush will persist for at least the first half of this year, according to data from Schiffgold.

This phenomenon is explained by two main factors. First, de-dollarization is expected to accelerate in 2024, with powers like China and Russia strategically moving away from the hegemony of the dollar. In Russia, the actions of the Biden administration to isolate Moscow with sanctions, stemming from the conflict in Ukraine, further push Russia’s disinvestment in the US dollar. It is therefore logical that Russia’s gold reserves will continue to grow in 2024.

Second, the Fed’s proclamation of a victory against inflation could further fuel interest in buying gold. The possibility that the Fed will be forced to cut interest rates in 2024, according to Schiffgold, leads central banks to seek easier protection against monetary policies.

In short, lower rates in 2024 reinforce the prospect of rising inflation, leading to a depreciation of the dollar and higher prices for gold and other commodities. Central banks, anticipating downward pressures on the dollar, are gearing up to strengthen their gold reserves, even as the Fed proclaims victory in the battle against inflation.

The question remains: A dollar crisis or a sovereign debt collapse? Central banks are not willing to wait to find out.

Finally, the year 2024 presents more uncertainty, with ongoing conflicts between the powers of the United States and presidential elections that amplify global political instability. Candidates like RFK Jr. and Vivek Ramaswamy advocate anti-system messages about central bank control, adding an element of intrigue to this complex picture.

K. Tovar

Source: Bancaynegocios

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The speech by the director of the International Monetary Fund, Kristalina Georgieva, during the inauguration of the FinTech Festival in Singapore, was an exhortation to public institutions to prepare for the implementation of CBDCs as an instrument of financial inclusion.

The European official was optimistic about the creation and circulation of central bank digital currencies, although she noted that the trend is still in its initial stage.

In his opinion, few countries have made progress in creating a CBDC. Georgieva estimates that 60 % of nations are in the exploratory phase.

The IMF president maintains her commitment to CBDCs as an instrument for financial inclusion for unbanked populations, but weighs the fact that they could be the final blow for fiat money.

In her speech, he noted that “CBDCs can coexist with private money, being their safe and low-cost alternative.”

Likewise, he stressed the importance of having the necessary technologies to develop CBDCs, as well as investing in security measures to safeguard user data, in addition to the evaluation of risks related to cryptocurrencies and stablecoins.

The FinTech Festival was the setting for the presentation of the IMF’s CBDC virtual manual, by its director, who also addressed the importance of the Bank for International Settlements (BIS) in the framework of public sector digital money projects.

M.Pino

Source: cointelegraph

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The Bank of England, the Bank of Japan, the European Central Bank (ECB) and the Swiss National Bank, in consultation with the United States Federal Reserve (Fed), jointly decided to reverse the frequency of their operations to inject dollar liquidity into view of the improvements in the financing conditions of the US currency.

In this way, the frequency of these operations to inject liquidity in dollars will once again be weekly instead of daily, as has been the case since the big central banks announced the change in frequency on March 19, coinciding with the Credit bailout. Suisse and the financial turmoil in the United States.

In a statement, the institutions have justified the return to the usual frequency of operations prior to the Credit Suisse rescue due to “the improvements in financing conditions in US dollars and the low demand in recent operations to provide liquidity in dollars”.

Likewise, the central banks assured that they remain ready to readjust the provision of liquidity in US dollars as justified by market conditions.

The swap lines between these central banks are permanent facilities available and serve as an important liquidity support to alleviate tensions in the global financing markets, which helps to mitigate the effects of such tensions on the supply of credit to households and companies. , both nationally and internationally.

K. Tovar

Source: Confidencial digital

(Reference image source: file)

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The Senate of South Dakota, a state located in the Midwestern United States, recently passed a law that establishes that digital currencies issued by central banks, known as CBDCs, will be considered as legal money in the state. However, this law does not apply to other cryptocurrencies, such as Bitcoin or Ethereum.

The new law defines CBDCs as “a medium of exchange, unit of account, and store of value issued by a digital central bank.” This means that CBDCs will have the same legal status as fiat money in South Dakota and can be used to pay debts, taxes, and other government purposes.

According to proponents of the law, this could help South Dakota become a hub for innovation in the cryptocurrency and fintech sector. Senator Mike Stevens, who introduced the bill, stated that “South Dakota has an opportunity to lead the way in financial technology adoption and cash protection.”

However, some critics point out that the law could be limiting for cryptocurrencies and innovation in the sector. For example, South Dakota joins other US states that have created laws to limit or prohibit the use of cryptocurrency in the past. Additionally, some experts have argued that CBDCs can be used to strengthen government control over money.

K. Tovar

Source: Diariobitcoin

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