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An Ecuadorian presidential candidate hinted at creating a cryptocurrency in the country as part of its government agenda. Giovanny Andrade said that the national crypto aims to “facilitate” transactions across the country. Crypto Could Be Backed by Gold During an interview with Primicias, Andrade, representing the Union Ecuatoriana party, believes its cryptocurrency idea is a … Read more
The United States Federal Reserve needs its own digital currency to protect against a possible overnight proliferation of stablecoin technology, says Fed chairman Jerome Powell. Go to Source Powered by WPeMatico
Winklevoss’ Gemini Trust will act as a sub-custodian for the new Arxnovum Bitcoin ETF in Canada. Go to Source Powered by WPeMatico
Asset managers around the globe are losing confidence in the dollar, encouraging them to seek out inflation-resistant investments for their clients. Go to Source Powered by WPeMatico
The downside of Bitcoin is limited in the short term as BTC attempts to recover from a steep pullback. Go to Source Powered by WPeMatico
The crypto world does not have a major euro-pegged stablecoin yet. Go to Source Powered by WPeMatico
Allaire also sees political moderation as the best scenario for continued crypto development. Go to Source Powered by WPeMatico
Well before the coronavirus pandemic, global economists expected a grim-looking American economy and during the last ten months of the Covid-19 outbreak, the U.S. financial system looks even worse. Economists and analysts say the biggest concern is the U.S. dollar faltering into the unknown, as a great number of distinguished individuals believe the USD will … Read more
Mainstream news agencies are beginning to provide positive coverage of Bitcoin, acknowledging its proper significance as an asset as the US dollar nosedives. Go to Source Powered by WPeMatico
Stablecoins and CBDCs and their related issues of privacy and surveillance lead this week’s Law Decoded. Go to Source Powered by WPeMatico