Crypto Chat: Governments across the globe are taking a stance on digital currencies, some banning & others adopting. Are there any case studies we might’ve missed?

Jan 25, 2022
The chart in this report is only accessible to members

*Recorded January 21, 2022

Will McEvoy provides insight on a recent development in Myanmar following the 2021 Chinese-backed coup. The new government has since de-dollarized the country’s economy, implementing a yuan-based system. In response, the resistance government has adopted a USD stablecoin ($USD) as its official currency and chief means of transacting with the global economy.

This development is bringing questions to the surface as many countries are debating their collective stance on digital currencies - both fiat and asset-backed like Bitcoin ($BTC).

Unlock this page with a FREE 30-Day Trial!

*Free trial available only on a monthly plan

Reports you may have missed

Today's Crypto Comments video discusses the first-day volume for the spot Bitcoin ETF (BTC), capital rotations into ETH, the timeline for a potential Ethereum ETF, and continued stablecoin flows. https://vimeo. com/902084986/c05908463d? share=copy

Today's video discusses the significant rally in Grayscale's Trust products, GBTC -7.98% , EHTE, and spot BTC, fueled by the SEC's decision not to appeal the Grayscale case. We note an increase in the aggregate market capitalization of the top 10 stablecoins and the third consecutive week of inflows into digital asset ETPs, which suggest that flows into the crypto economy might be improving. Finally, we dive into the factors affecting the...

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 1/1

🎁 Unlock 1 extra article by joining our Community!

You’ve reached your limit of 1 free monthly articles. Please enter your email to unlock 1 more articles.

Already have an account? Sign In