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by bigphishy
2054 days ago
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Actually the EU has begun to propose legislation to regulate stablecoins and their issuance. https://www.aljazeera.com/economy/2020/9/11/stablecoins-in-r... So, there are problems with tether and other stablecoins, but they can and may well be regulated, as cryptoassets become more ingrained in the global financial systems. I am shocked that bitcoin is still around, and as I have said, the longer it is around, the more legitimacy it gains. Keep in mind, the same cryptography that secures global banking system, is the same cryptography used to secure bitcoin transactions. |
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