Investors are worried when witnessing the top two economies in the world, the US and China, seeking to tighten digital currencies, including Bitcoin.China is the latest name to join Books of countries banned money, left Some countries see Bitcoin preferentially, as El Salvador. In the United States, people are allowed to trade in cash but authorities are watching this activity. The multidimensional war understands this market will be the key to millions of investors hope Making money from this fever. This war is expected to affect the global financial system, where every day is full of news about products related to cash
. Say wider, the war will also affect the discussion of many other cultural and social issues, from climate change to inequality, from trade to paper money. Police market of the US and China's frees can cause the worst impact. The Matt Hougan, Investment Manager at Bitwise Asset Management Company, commented with Bloomberg page: "The market size has returned It should be so big that it is impossible to ignore
.. Today, it's a $ 2,000 billion industry and every large Wall Street banks are helping investors access it ". China is visiting Probe release your own money. Photo: Global Times to last week, China makes the financial markets shaken after announcing that all transactions related to the cash will be considered illegal. However, In fact, China is one of 81 countries that are exploring their own paid money. This listing is initially accepted with early cash-accepted countries such as Venezuela and ES Tonia and now have more countries, including the US. China's 1.4 billion population will be advantageous when they start implementing the yuan digital version on the full scale Bridge at the Winter Olympics in Beijing in 2022. This scenario makes some politicians America want to ban this athlete to use this coin when coming to Beijing next year
"China obviously wanted Promoting the number of yuan and interested in competition "- Mr. Nicolas Christin, expert at Carnegie Mellon University (USA), said. Beijing said 10 management agencies, including the central bank, will coordinate together to monitor money-related activities. Mr. Hougan, the governments want to control the cash for two reasons . First of all, they want to limit money exploitation activities - Capital consuming energy into the process of creating cash and transaction verification. More importantly, they want to monitor currency transactions, while eliminating any challenge for the "garden leaf" money. In the US, the government approach has a difference with the purpose Is avoiding incidents. The Chairman of the US Securities and Exchange Commission (SEC) Gary Genensler is going to a signal to implement a strong monitoring regime for this industry. Caution of management agencies is understandable. Criminal groups have accounted for billions of dollars in scams involving cash.James Seyffart, a Bloomberg Intelligence analyst, said: "The US government is worried about consumer protection. The US government often does not ban new technology, they often welcome innovation "former US Finance Minister Lawrence Summers saying that instead of opposing management, the cash industry should accept for the benefit of the benefit of myself. This industry expects to operate in secret without the supervision of the government is non-practical. . Dịch vụ:
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