Several reports involving cryptos and a possible U.S. CBDC were released this past week. But the reports themselves, and much of the media attention surrounding them, failed to get at the core issue.
Category: TRENDS IN CRYPTOS – Mar 28 2023
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BITCOIN GETS BANK BOOST IN GERMANY
Several moves in Germany spell good news for bitcoin adoption and investment. Via a new platform called wpNex offered by securities processing giant Deutsche WertpapierService Bank AG (dwpbank), some 1,200 German banks will be able to offer bitcoin to retail customers.
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LARRY FINK ON CRYPTOS, THE BANKING CRISIS AND DE-GLOBALIZATION
Gerald Celente named “Self-Sufficient Economies” as a de-globalization related Top Trend in November of 2021.
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NASDAQ SET TO BECOME A CRYPTO CUSTODY PROVIDER
Nasdaq is currently working out regulatory clearances in order to offer crypto custody services. That’s according to a 24 March Bloomberg report.
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FEDNOW FURTHERING GOVERNMENT CBDC AND DIGITAL PAYMENTS GOALS
The fast approaching FedNow instant payments system serves two goals.