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Fed’s Quarles says 'digital dollar' could pose considerable risks to financial system
By Greg Robb
WarketWatch, New York
Monday, June 28, 2021
Talk that the Federal Reserve should develop a "digital dollar" is everywhere, but a top U.S. central banker today signaled he isn't on board.
The Fed's top overseer of the banking system -- Fed Vice Chairman Randal Quarles -- said he doesn't see the benefits for a digital dollar and that the new product would "pose considerable risks" to the financial system.
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Asante Gold Acquires Key Exploration Land
on Ashanti and Asankrangwa Gold Belts in Ghana
via Globe Newswire, Omaha, Nebraska
Friday, May 28, 2021
VANCOUVER, British Columbia, Canada -- Asante Gold Corp. (CSE: ASE / Frankfurt: 1A9 / U.S. OTC: ASGOF) reports that it has received notice from the Minerals Commission of Ghana that eight highly prospective concessions covering approximately 314 square kilometers have been recommended for transfer to Asante.
These licenses are comprised of the Diaso (104.1 km2), Juabo (59.2 km2), Manhia (18.69 km2), Dunkwa Gyimigya (32.72 km2), Gyimigya (5.52 km2), Agyaka Manso (40.0 km2), Amuabaka (28.86 km2), and Nkronua-Atifi (24.97 km2) prospecting licenses. All licenses are being acquired as issued by the Minerals Commission from Goknet Mining Co. Ltd. pursuant to the terms of agreement with Goknet dated December 28, 2016.
The concessions were variously explored by Canadian exploration juniors Nevsun Resources, Tri-Star Gold, and Golden Rule Resources in the late 1990s and most recently by PMI Gold Corp. (now Galiano Gold) from 2002 through August 2014, when rights to the land were acquired by Goknet. ...
... For the remainder of the announcement:
Quarles made his skepticism plain at the start of his speech to Utah bankers, saying that Americans tend to fall in love with fads like "parachute pants" in the 1980s.
More seriously, Quarles said that the proposal would transform the Fed into "a retail bank for the general public" that could transform the banking system. ...
... For the remainder of the report:
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