“We also think there is very high stakes game theory at play here, whereby if bitcoin adoption increases, the countries that secure some bitcoin today will be better off competitively than their peers,” said the report. “In other words, a small cost can be paid today as a hedge compared to a potentially much larger cost year in the future.” Source link … [Read more...] about ‘Countries That Secure Some Bitcoin Today Will Be Better Off Than Their Peers’
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BIS Report Questions Whether Stablecoins, CBDCs Can Create Risks in Developing Countries
The report’s authors question whether stablecoins could “offer lasting competitive advantages over rapidly developing, evolving digital payment services,” including digital ID, e-money and mobile banking. They add that stablecoins could generate new risks related to such issues as governance, efficiency in payment processes, consumer protection and data privacy. Source link … [Read more...] about BIS Report Questions Whether Stablecoins, CBDCs Can Create Risks in Developing Countries
Survey finds Europeans want home countries to regulate crypto, not EU
A large-scale poll across 12 European Union member states reveals that a majority of Europeans would prefer local governments to create and regulate cryptocurrencies. Redfield & Wilton Strategies carried out a survey for Euronews, polling 31,000 respondents from Estonia, France, Germany, Greece, Hungary, Italy, Latvia, Lithuania, the Netherlands, Poland, Portugal and Spain. … [Read more...] about Survey finds Europeans want home countries to regulate crypto, not EU
All these Latin American countries want to adopt Bitcoin…and quick
Mexican senators, Eduardo Murat Hinojosa and Indira Kempis, may have a lead in the Bitcoin (BTC) legalization race, but there is still a lot that could happen before the next legal tender status announcement. Mexico’s government officials are already prepared to propose crypto regulation before the Chamber of Deputies, while Panama officials are preparing to raise the issue in … [Read more...] about All these Latin American countries want to adopt Bitcoin…and quick
Bitcoin, Ethereum start the week strong as countries clarify stance on crypto regulations
Bitcoin, Ethereum start the week strong as countries clarify stance on crypto regulations Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin · Ethereum › Edge US President Joe Biden proposed cryptocurrency regulations in the recently announced budget for 2022. Rohan Jethi · June 1, 2021 at … [Read more...] about Bitcoin, Ethereum start the week strong as countries clarify stance on crypto regulations