Tag: digital currencies
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Unraveling the Pros and Cons of Central Bank Digital Currencies (CBDCs)
To Enslave Humanity with a Social Credit System and Digital ID Central Bank Digital Currencies (CBDCs) have emerged as a hot topic in financial technology circles, with various nations across the globe exploring and implementing this revolutionary concept. These are virtual versions of national currencies, backed by the central bank, offering the prospect of significant…
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Russian authorities to license cryptocurrency platforms
It is also anticipated to introduce an obligation for market participants “to inform citizens about higher risks related to digital currencies” MOSCOW, February 8. /TASS/. The Concept for legislative regulation of digital currencies turnover provides that cryptocurrency platforms for operations in Russia should be licensed and have financial safety cushions, the Cabinet’s press service said…