Gold Prices Slip in Asia as Iran Strait Deadline Looms 
Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns 
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback 
Japan's Services Sector Growth Slows in March Amid Rising Middle East Tensions 
India's Services Sector Growth Slows to 14-Month Low in March Amid Rising Costs 
FxWirePro- Major Crypto levels and bias summary 
Asian Markets Rally on Iran Ceasefire Hopes as US-Iran Tensions Simmer 
Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation 
Bitcoin Recovers Amid Easing Geopolitics: Bulls Target USD 80,000 Support Rebound 
Trump's FY2027 Budget: Major Defense Boost and Domestic Spending Cuts 
Strait of Hormuz Crisis Fuels Oil Surge as Asian Markets Brace for Impact 
South African Reserve Bank (SARB) governor Lesetja Kganyago reiterated the central bank’s longstanding belief that cryptocurrencies, which he calls crypto-assets, fail to meet the standard of what constitutes a currency.
Kganyago explained that cryptocurrencies only meet one of the three characteristics of a currency, which is of being a store of value.
However, it does not meet the characteristics of being a generally accepted medium of exchange and of being a unit of account.
Cryptocurrency is only accepted by those who participate in it, Kganyago emphasized.
But despite adopting this stance, Kganyago insists that the SARB still regulates these assets due to people's investments.
Kganyago praises blockchain technology as useful in many other respects and noted that SARB is experimenting with it.
