When I bought my first apartment, a dozen years ago, my mother gifted me with a bundle of cash. (“Mattress money,” the mortgage broker called it, giving the impression that this was not at all uncommon.) To many people, cash still represents security, safety, certainty. The paradox of the coming “cashless economy” is that it uses and stores ever more paper money. The Singapore-based crypto fund wrote in a Telegram note that the newfound strength of the crypto options market prevented bitcoin…

And Grayscale Bitcoin Trust allows you to track the price of the bitcoins it holds, but you can't cash in your shares for actual bitcoins, similar to how most commodity ETFs operate. But the methods for investors who want to do so via a traditional brokerage account are extremely limited. In fact, there's really only one way to get direct Bitcoin exposure. The recent drop in Bitcoin has brought out the "buy the dip" crowd, which likely means more trading volume, and therefore more revenue…

The assets ledger also records the proportion of coins that are in the consortium's reserves and those that are in a sponsor's reserve. A key aspect of the success of a DTC implementation is the ability of the consortium to carry out monetary policies and other governance rules in the system as a whole. Technical mechanism can be implemented as ‘hooks’ or control-points through which policy decisions are executed.

Will Bitcoin crash again?

Nothing, according…

That means all economic actors must accept it for any legal purposes. Anyone you owe debt to, like the bank or individuals, legally are required to take it,” Cunha said. On 20 March 2013, the Financial Crimes Enforcement Network issued a guidance to clarify how the U.S. Bank Secrecy Act applied to persons creating, exchanging, and transmitting virtual currencies. Advised an international resource-based group on the establishment of a sustainability consortium platform with other industry…