Stable Coin Main Bolster the Fragile Dollar0
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- July 6, 2022
Stablecoins can reach to the next level through dollarization and CBDCs incompetency means the use of dollar as peg will not wane anytime soon
READ MOREStablecoins can reach to the next level through dollarization and CBDCs incompetency means the use of dollar as peg will not wane anytime soon
READ MOREWeb 3 goes mainstream in Africa and it could help further drive crypto adoption in the African continent. What would it lead to?
READ MORESberbank was awarded a license to issue and exchange digital assets by the Russian Central Bank on Thursday. The announcement comes less than two months after the central bank called for a complete ban on cryptocurrency trading, mining, and use. The bank may have more alternatives as a result of Thursday’s statement as it tries
READ MOREGrayscale Investments, the world’s largest digital currency asset manager, launched its first exchange-traded fund (ETF), the Grayscale Future of Finance ETF, on Wednesday (symbol: GFOF). The new ETF “seeks to invest in the firms and technology influencing the ‘future of finance,’” according to the company. It’s also the “first equity ETF to track the Bloomberg
READ MOREThe Federal Reserve, the United States’ central bank, released a new whitepaper on the central bank digital currency (CBDC) or Digital Dollar on Tuesday, January 20. Given that other developed economies have already taken the lead in exploring CBDC initiatives, this is a positive trend. Fed Chairman Jerome Powell said in a statement on Tuesday:
READ MOREThe US Federal Reserve is deferring to Congress on whether or not to introduce a central bank digital currency (CBDC). That’s, according to Lael Brainard, who spoke before the Senate Banking Committee on Thursday. Senator Cynthia Lummis, a Republican, asked if the vice chair nominee thought the digital dollar. Which is, China’s upcoming digital yuan,
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