CBDCs of the World: The Benefits and Drawbacks of National Cryptos, According to Different Jurisdictions

The concept of CBDCs has been steadily drawing the attention of jurisdictions worldwide. This month alone, at least three separate countries have reported on their prospective central bank-issued digital currencies (CBDCs): The Republic of the Marshall Islands (RMI) announced the creation of a specially dedicated nonprofit organization to support its digital currency that is already […]

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Stablecoins, Explained

Volatility in crypto prices have been regarded as a big hurdle for mainstream adoption. Stablecoins could be a way of eliminating such erratic fluctuations. Can stablecoins achieve true decentralization? Certain providers believe they have struck a compromise. Some stablecoin advocates are concerned that pegging a cryptocurrency directly to the U.S. dollar means that it must […]

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Research: White Paper Writers Can Earn $50K, But Say Startups Often Mislead Investors

White paper writers reportedly say they are “constantly required to fabricate and exaggerate facts.” White paper writers are earning up to $50,000 per job, according to a Decrypt investigation published on April 22— but the freelancers involved have accused some startups of misleading investors. The writers told the website as part of its two-week investigation that […]

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US Sanctions Moscow-Based Bank Accused of Financing Venezuela’s Controversial Petro

The U.S. Treasury has sanctioned Moscow-based bank Evrofinance, claiming it was the main international bank that helped finance Venezuela’s controversial oil-backed crypto. The United States Treasury Department has added Moscow-based bank Evrofinance Mosnarbank to its sanctions list, alleging it was the “primary international financial institution willing to finance” Venezuela’s controversial national oil-backed cryptocurrency, Petro (PTR). […]

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