Game7 News

G7 nations will release 100M barrels of emergency crude and diesel over four months as governments try to cool the global energy shock.

It’s day 203 of the Iran war. And, at least five countries are rationing fuel or reporting empty pumps as of September 19. Brent crude traded at nearly $110 this month, its strongest level since spring. The Strait of Hormuz has been largely shut...

On Wednesday, U.S. Bank sent dollars from North America to Europe on a public blockchain. However, while anyone can watch that network, only the bank can undo the payment. The bank calls it a launch, but it’s own announcement describes it as a test....

Broadridge’s DLR platform now supports G7 securities for cross-border repo and collateral movements after processing $7.4 trillion during August.

Elon Musk offered a blunt reaction to the AI safety debate early Sunday. He wrote that he hopes AI is nice to us, echoing a stark warning from investor Naval Ravikant. The post landed just a minute after Musk commented “Interesting exchange” on a...

Japan could formally confirm joint currency action with Washington on Monday, and one official told Reuters the operation is still ongoing, turning the announcement into a live market event. Bitcoin trades near $63,000, exposed to a bond market...

Bitcoin briefly broke below $63,000 on Friday, with the reason sitting 6,000 miles away. America bought Japanese yen for the first time in 28 years. Washington almost never does this. The goal was to prop up a sinking currency. It also nudged one of...

The security will launch on HSBC’s Orion platform within the BoE and FCA’s Digital Securities Sandbox to test reduced settlement times and costs.

Oil’s safety net is disappearing. Brent crude broke above $85 a barrel Wednesday, and West Texas Intermediate (WTI) cleared $80. Both benchmarks have risen for three straight days as US and Iranian forces trade strikes near the Strait of Hormuz....

BlackRock and HSBC have joined a UK tokenization push projected to boost annual economic output by up to $44 billion, as 54 firms line up behind the plan. The taskforce is led by Christopher Woolard, the British government’s wholesale digital...