Diamond News Archives
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Russia’s central bank will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to a Tass report.
Elvira Nabiullina, governor of the Bank of Russia, said[1] Thursday that her institution is to review a proposal for the development of the cryptocurrency.
Nabiullina said at the nation’s lower house, or Duma:
“As for mutual settlements, we will consider, of course, [the] proposal on … a gold-backed cryptocurrency. But, in my opinion, it is more important to develop settlements in national currencies,” she said at the State Duma.
She added that fiat currency settlement systems within the Eurasian Economic Union are improving and have “good dynamics.”
The news is perhaps surprising, as Russia’s government has been famously anti-crypto in past years, moving to block[2] foreign exchange platforms from the country in 2017 and even blocking[3] media sites that covered the topic back in 2015. A minister once said that Russia would never make[4] cryptocurrencies legal.
However, the nation has softened its stance somewhat in more years, with moves to legislate[5] around cryptocurrency starting in 2017. A digital assets bill could be passed this current session of the Duma, TASS[6] indicates.
According to today’s report, Nabiullina said that, while it may mull the use of the gold-backed cryptocurrency, the central bank is against the use of cryptocurrency in Russia’s monetary system.
“We do not see the possibility that cryptocurrencies could act as monetary surrogates. Definitely not in this part,” she said.
Elvira Nabiullina[7] image via Shutterstock...
References
- ^ said (tass.com)
- ^ moving to block (www.coindesk.com)
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Jewelers of America (JA), the national trade association for businesses serving the fine jewelry marketplace, has announced that submissions are being accepted in four categories for the 18th Annual GEM Awards which will be held on January 10, 2020, at Cipriani 42nd Street in New York.
The GEM Awards contest honors the achievements of individuals and companies whose creations raise the visibility of fine jewelry and watches.
JA's GEM Awards Committee is now seeking suggestions for 2020 GEM Awards nominees in the categories of Jewelry Design, Media Excellence, Retail Excellence and Watch Excellence. Companies and individuals can submit themselves or others for consideration through June 28, 2019, at https://gemawards.jewelers.org/awards/process/nominate[1].
The GEM Awards Committee will review all submissions and select the 2019 GEM Awards nominees and/or honorees. After the nominees are announced and supporting materials are collected, the GEM Awards Committee will vote to determine the winner in each category. An independent auditing firm tallies the votes to keep winners confidential until a live reveal during the ceremony on January 10, 2020. A Lifetime Achievement recipient will also be selected by the GEM Awards Committee, which is presented to a single honoree announced prior to the event.
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References
- ^ https://gemawards.jewelers.org/awards/process/nominate (gemawards.jewelers.org)
- Category: News Archives
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Sandvik Additive Manufacturing has created the first ever 3D printed diamond composite. The stones lack sparkle, but are perfect for a wide range of industrial uses, says the company. The advantage is that the diamond can be 3D printed in very complex shapes, unlike mined or manufactured diamonds.
Sandvik says the difference between its diamond and natural or synthetic diamonds is that its process creates a composite. It is mostly diamond, but to make it printable and dense, it needs to be cemented in a very hard matrix material while keeping the most important physical properties of pure diamond. Once printed the composite diamond needs no further machining.
The diamond composite has been tested and found to have high hardness, exceptional heat conductivity, and corrosion resistance.
Another advantage is that material waste is minimized. The diamond powder in Sandvik’s process can be extracted from the polymer in the slurry after printing and then recycled for another print job.
(This article first appeared in the Canadian Mining Journal)
The post Sandvik creates first 3D printed diamond composite appeared first on MINING.com....
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Trump to give $16 billion to farmers hurt by trade war: Sonny Perdue- Category: News Archives
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Marty Hurwitz of MVI Marketing launched a video with three couples talking about engagement and bridal rings shopping.
Here is what he sought to clarify:
One year after De Beers launched its Lightbox collection at JCK and moments after Signet has put its toe in the water with its new LGD jewelry line through JamesAllen.com, what is this doing to consumer demand for lab-grown diamonds - especially the all-important bridal shoppers?
Are low-cost lab-growns causing them to spend less?
What brands are they looking for?
And are they open to lab-grown for their engagement ring?
To find out, the MVI team recruited three engaged millennial couples to take us along as they ring-shopped. In these candid interviews, the couples shared what they really think - not just what they tell sales reps behind the counter. The MVI team condensed these interviews down to a new MV Eye video report, which was just released.