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Starting with France, more than 40 countries have allegedly proposed a state-backed digital currency (CBDC) to lead the era of a cashless economy.  Unlike Bitcoin that is completely decentralized, CBDCs are centralized digital currencies and will be prone to central control brewing a lot of privacy concerns.  A robust…
Grayscale, the world’s largest crypto asset manager, recently gained approval from the United States Security and Exchange Commission (SEC) for Grayscale Ethereum Trust to become the first publicly quoted ETH investment product to go live. Image source: bitrazzi This was confirmed on the Grayscale official website: “Grayscale Investments®, the…
A stablecoin is a type of cryptocurrency that has relatively low market fluctuations. Stablecoins achieve stability by backing up each coin with a stable asset like USD dollar. In the highly volatile cryptocurrency market, stablecoins provide much-needed stability to investors. The significance of stablecoin became even more evident after…
Ripple dubbed as the platform to instantly move money to all corners of the world, is one of the fast-growing fintech giants. A financial juggernaut with a revolutionary payment protocol is leveraging on the cutting-edge capabilities of validating servers distributed across the network. The Ripple network’s native cryptocurrency is…
With the explosion of DeFi, Crypto and the scaling of the Bitcoin network & digital gold, the world of Blockchain and cryptocurrency is enjoying far more attention than it has received in the past. For this reason, governments and regulatory agencies are putting things in place to see how…
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