Binance gets greenlight to invest customer assets in US Treasury Bills
The court stipulated that Binance could invest customer funds custodied at BitGo in Treasury Bills maturing along a four-week basis. Go to Source
Fiat Money
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Crypto adoption in Argentina soars amid 276% inflation spike
Argentina has emerged as the top market on Binance — one of the world’s largest crypto exchanges — in terms of the number of visitors. Go to Source
Bitcoin is no ‘silver bullet’ for money’s ethical problems
Both Bitcoin and fiat currency are often in the firing line over ethical concerns, with a dedicated group of defenders and critics. Go to Source
M2 money supply ‘holds the key’ for Bitcoin’s next move — Market analyst
The growth of the money supply is historically correlated with previous Bitcoin price bull runs. Go to Source
Japanese listed firm adds Bitcoin as reserve asset with 117 BTC
Since announcing its Bitcoin strategy in April, Metaplanet has accumulated around 117.7 BTC valued at $7.2 million. Go to Source
Turkey tops the world in stablecoin buying share vs. GDP
Stablecoin purchases in Turkey amount to 4.3% of GDP, the highest among global economies, according to Chainalysis. Go to Source
ECB assesses environmental footprint of cash, sees room for improvement
In Europe, the environmental footprint of banknotes is minuscule compared to crypto’s, but crypto has advantages of its own. Go to Source
Alchemy bags money services license in Iowa, expands US services
The crypto-fiat payment services provider Alchemy Pay is expanding its presence in the U.S. as it acquired its money services license in the state of Iowa. Go to Source
‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS
The answer again is regulation, although this time the suggested regulation looks a lot like central bank co-option. Go to Source
Rising M2 money supply will see crypto become ‘supermassive black hole’: Raoul Pal
Historically, the cryptocurrency market has benefited from the rise in global money supply as the majority of the bull runs in the past coincided with the rise in fiat supply. Go to Source
