Cryptocurrencies Prove Central Bank Models Are Obsolete, Says Professor

A Spanish professor and economist stated that cryptocurrencies have brought out the “obsolescence” of central banks, although their capitalization is still “very insignificant.” Crypto Is Not Only About the ‘Speculative Noise’ Pablo Agnese, an economics professor and lecturer in the Department of Economic and Business Organization at the Universitat Internacional de Catalunya in Barcelona (UIC […]

The post Cryptocurrencies Prove Central Bank Models Are Obsolete, Says Professor appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

New Draft U.S. Law Will Make It Illegal To Issue Stablecoins Without Federal Reserve Approval

Three U.S. lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin. Instigated by Rep. Rashida Tlaib, with support from Reps. Jesús García and Stephen Lynch – all of them Democrats – the proposed law […]

The post New Draft U.S. Law Will Make It Illegal To Issue Stablecoins Without Federal Reserve Approval appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Equity Strategist Says Crypto Has a Place in Portfolios, Bitcoin Price to Reach $50,000 in 2021

Equity Strategist Says Crypto Has a Place in Portfolios, Bitcoin Price to Reach $50,000 in 2021An equity and derivatives strategist with a global financial services firm specializing in institutional trading believes that bitcoin has a place in investment portfolios. He has a price target for bitcoin of $50,000 in 2021. Bitcoin Has a Place in Investors’ Portfolios BTIG is a global financial services firm specializing in institutional trading, investment banking, […]

The post Equity Strategist Says Crypto Has a Place in Portfolios, Bitcoin Price to Reach $50,000 in 2021 appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico