easyt65
Diamond Member
- Aug 4, 2015
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"The digital dollar test occurs days after cryptocurrency company FTX suddenly declared bankruptcy following a liquidity crisis, leading to instability among other exchange platforms. Sam Bankman-Fried, the company’s founder, had allegedly used his trading firm, Alameda Research, to make investments using FTX clients’ funds, while executives underestimated the amount FTX needed to keep in reserves should customers want to remove their funds."
What could go wrong?!
www.dailywire.com
What could go wrong?!
Federal Reserve Launches Digital Dollar Initiative Days After Leading Cryptocurrency Firm Goes Under
The Federal Reserve Bank of New York began a simulated digital currency initiative on Tuesday alongside multiple major banks as the cryptocurrency sector descends into chaos.The digital dollar simulation, which is slated to last for 12 weeks, will “experiment with the concept of a regulated...
