The Takeaway: BIS and ECB Issue Report Deeming Digital Currencies A Threat
The Point: The Bank of International Settlements and European Central Bank issued a report warning of the negative effects of introducing “central bank digital currencies” (CBDCs). What does the report say? The report warns that CBDCs may have an “adverse” effects on...Bitcoin Drops Below $9K, Top Altcoins Down 16% On Global Regulatory News
The total cryptocurrency market capitalization has declined to an all-time low of $344 Billion amid regulatory pressure across the globe. The March 7 SEC statement, asserting that all crypto exchanges in the US should register with the CFTC, contributed to the market...42% of Americans Are at Risk of Retiring Broke
-CNBC via SwissAmerica “Nearly half of Americans have less than $10,000 stashed away for retirement, according to a report by GoBankingRates. For them, a serious lack of planning coupled with a longer life expectancy has destroyed any retirement dreams. At this...
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