'Future of Money' economist says the end of cash is coming-here's what could replace it - cyptoranking.com

2024-05-10

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Coinbase Director Flags Alameda Research for Minting Nearly $40 Billion USDT in 2021 Watch the full clip HERE 'Future of Money' economist says the end of cash is coming-here's what could replace itSeven reputed companies are actively developing blockchain games. A recent report from the U.S.-based Atlantic Council think tank revealed that a total of 130 countries are now exploring central bank-issued digital currencies (CBDCs). Over half of those are already in advanced development, pilot or launch phases.

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Like a handful of other fund groups, Ark Invest — in tandem with Europe-based crypto ETP issuer 21Shares — has a proposed spot bitcoin ETF in front of the SEC. The Cathie Wood-led firm is set to receive a ruling on that product from the securities regulator by Jan. 10. Summer vacation Decentralized Exchange (DEX) DevelopmentWhen asked why NHN is developing blockchain games, Lee said that crypto-powered games are a “paradigm shift.” Web3 gaming arguably needs a solid eSports foundation to reach the mainstream audience.

Samocha helped to organize the campaign along with his chief operating officer, and the effort has raised roughly $85,000 in the 24 hours since its launch on Monday. Samocha said his employees at CryptoJungle are all taking part in the campaign. The price’s closeness to crucial support levels contributes to the pessimistic feeling around LUNC. If these support levels wear off, additional selling may ensue, potentially leading to a lengthy slump. How to open cryptocurrency account in Philippines?Leaked internal documents from May 2022 show that Microsoft’s Xbox roadmap included support for crypto wallets. The Ethereum Foundation has also recently made a sale, converting 1,700 ETH into $2.74 million worth of stablecoins on Oct. 9 using Uniswap. However, in this case, analysts have pointed out that the foundation's actions align with its regular requirements for operational expenses, grants, and incentives.

Juan Agustín D’Attellis Noguera, a director of Banco Central de la República Argentina, the country’s central bank, publicly supported the Minister of Economy Sergio Massa in his promotion of central bank digital currency (CBDC) as a remedy for the national economy. Giving commentary on local television, Noguera expressed his belief that the “digital peso” could help stabilize the Argentine economy as soon as 2024. In the official’s opinion, the key feature of the CBDC is its traceability, which would help the government to collect taxes: “By having traceability of operations with a digital currency because it is not known who does them, but there is evidence that they were done, you broaden the tax base. This will allow you to raise more without having to raise taxes and even lower them.” The CBDC will also help to solve the nation’s monetary problem, as the unstable local currency, the Argentine peso, often competes with the United States dollar even as a payment method, according to Noguera.Related: Buenos Aires to issue blockchain-based digital IDNoguera spoke about the digital peso in a very definite manner, assuring that the CBDC would be introduced gradually, coexisting with cash, with a complete replacement of paper fiat currency happening at the final stage of the project. On Oct. 2, Massa, who is also a presidential candidate, pledged to launch a CBDC if elected to “solve” Argentina’s long-lasting inflation crisis. According to election polls, Massa is slightly trailing Javier Milei, a pro-Bitcoin (BTC) and anti-central bank candidate who wants to adopt the U.S. dollar as Argentina’s currency. An investigation found “only a few customer accounts” were compromised and unauthorized trades made. 3Commas did not disclose the number of users affected. What happened to the Canadian crypto exchange?BlockFi will continue to seek recoveries from the Three Arrows Capital and FTX bankruptcies as part of the plan, which would then increase recoveries for customers. In February 2023, Binance used the $15 million to acquire a majority stake in the South Korean crypto exchange Gopax. The deal, which could open the gates of the South Korean market for Binance, is awaiting regulatory approval.

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