The companies are planning to bring instant settlement and simultaneous delivery versus payment to the London bullion market.
On Monday, Bitcoin price smashed through a new high increasing from $340 up to over $360. Moreover, the cryptocurrency kept soaring across various exchanges. Today Bitcoin hit $400 mark.
Anthem Vault has launched a new cryptocurrency backed with gold.
A brand-new Bitcoin gold exchange Vaultoro.com will provide the possibility to convert bitcoins to gold “100% bank independently.”
Bitreserve has created a new gold standard, linking its bitcoin currency exchange and payment services with gold with the help of Gold Bullion International.
Due to confidence that Swiss gold is as safe abroad as it is at home, Swiss population intensely rejected a referendum to force the Swiss National Bank to hold 20% of its reserves in gold.
Citigroup Inc. states the initiative demanding the Swiss National Bank to store part of its assets in gold is senseless as it has no intrinsic value and is too costly to store.