Bank of England to Double Long-Dated Gilt Buy-Backs, QE Policy to See an ‘Orderly End’ in Mid-October – Economics Bitcoin News

After the British pound sterling tapped an all-time low against the U.S. dollar on September 26, the Bank of England (BOE) said it would halt its monetary tightening policy and start buying long-dated bonds again. Approximately two weeks later, the BOE detailed on Monday that it was doubling the size of its debt buy-backs by purchasing large sums of gilt-edged securities (bonds). BOE to Double Bond Purchases, UK Central Bank Adds New Temporary and Permanent Repo Programs to Enhance Liquidity 16 days ago, the British pound sterling reached a lifetime…

Orderly Network Raises $20M for DeFi Infrastructure on Near Protocol

“We are proud to back Orderly as they build out top-performing infrastructure and deep liquidity on Near,” said Kyle Davies, co-founder at Three Arrows Capital, in a statement. “Infrastructure being built for traders by traders results in better products that are designed to meet the specific needs and provide the best possible trading experience.” Source