Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
FxWirePro- Major Crypto levels and bias summary 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
FxWirePro- Major Crypto levels and bias summary 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
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.
