private cryptocurrencies

It is reported that while the cryptocurrency industry is waiting for the US government to make a decision on whether to issue the central bank’s digital currency, Daleep Singh, a senior economic adviser to President Biden, told the US Senate on Tuesday that the government is actively promoting the digital dollar as a means to squeeze the private cryptocurrency market. These cryptocurrencies will lead to the proliferation of extortion software and violations of sanctions. Interpretation of this information: The cryptocurrency industry is currently in a state of eager anticipation as…

According to reports, IMF President Georgieva said that the world should conduct more supervision on private cryptocurrencies. Private cryptocurrencies are not currencies, and cryptoassets may cause financial stability problems. We should not abandon the discussion of banning private cryptocurrencies. Interpretation of this information: The head of the International Monetary Fund (IMF), Kristalina Georgieva, has called for increased regulation on private cryptocurrencies, arguing that they are not real currencies and could pose a risk to financial stability. Georgieva made the comments during a speech at the G20 summit in Saudi Arabia….