The session will focus on the diminishing role of cash and the emergence of central bank digital currencies, moves accelerated by the pandemic.
In spite of the timing, bitcoin wasn’t created as a result of the 2008 crisis – and this misunderstanding matters.
The price of ether (ETH), the native cryptocurrency of the Ethereum blockchain network, soared to record levels on Sunday.
The Valkyrie Bitcoin Trust would be listed on the NYSE and Coinbase Custody Trust Co. would serve as custodian.
Flamingo, a DAO for NFT investments, bought the ultra-rare “Alien” in a Saturday auction.
Reports are that Chris Brummer – author of a volume on crypto assets and frequent speaker on digital currencies – will chair the CFTC.
The WEF thinks cryptocurrencies can be pivotal in offering financial services to one-third of the world’s adults, approximately 2 billion people, who are unbanked. (Read More)
Cryptocurrencies’ Fixed Supply Will Hinder Their Functionality as Actual Currencies, says UBS Economist
Paul Donovan, chief economist at UBS Global Wealth Management, believes that cryptocurrencies are flawed as their supply cannot be slashed when demand flops. (Read More)