A Gold-Based Digital Currency Was Presented By Texan Politicians

Several authorities throughout the world are concerned about Central Bank Digital Currencies (CBDCs). In a quest for alternatives, Texas legislators decided to offer plans for a gold-backed alternative to compete with the US Central Bank (FED).Legislation in the Texas House and Senate has been submitted to create state-issued gold-based digital money. These projects seek to provide an alternative to central bank digital currencies (CBDCs) for consumers and companies while also challenging the Federal Reserve’s dominance over the money supply.

Comments

Post a Comment

Popular posts from this blog

Revolutionize Your Business with Crypto Payment Gateways

A crypto payment gateway is a software that enables businesses to accept payments in cryptocurrencies. It works by integrating with the merchant’s existing e-commerce platform or point-of-sale system, allowing customers to pay with cryptocurrencies seamlessly. The payment gateway converts the cryptocurrency payment into a traditional currency, such as US dollars or Euros, which can be deposited into the merchant’s bank account. By using a crypto payment gateway, businesses can tap into a new and rapidly growing customer base and reduce the costs associated with traditional payment methods. Furthermore, accepting cryptocurrency payments can provide businesses with a competitive advantage. The benefits of accepting cryptocurrency payments are numerous. Firstly, cryptocurrencies are decentralized and do not require intermediaries, which means lower transaction fees for merchants. This can result in significant cost savings for businesses, especially those that operate in high-volume, low-
Read more

Charlie Lee’s Net Worth: A Look at the Wealth of the Litecoin Creator

Charlie Lee is a highly influential figure within the cryptocurrency industry, best known as the creator of Litecoin. Since its launch in 2011, Litecoin has become one of the most successful and popular digital currencies alongside Bitcoin. As Litecoin’s primary “face,” many people are curious to find out what Charlie Lee’s net worth is today. In this post, we’ll explore how much wealth he’s accrued since launching Litecoin and sources of income beyond his crypto endeavors. By understanding more about his net worth, we can gain valuable insights into his influence within the cryptocurrency industry – continuing to shape our future world through pioneering tech solutions that drive innovation globally. Who Is Charlie Lee? Charlie Lee was born in the Ivory Coast on April 13, 1976. Charlie Lee is a computer scientist and cryptocurrency entrepreneur. He is best known as the creator of Litecoin, a popular cryptocurrency launched in 2011. FOR MORE INFO:  www.turkishnyradio.com
Read more

Decoding Cryptocurrency Regulation: Should They Be Treated as Securities?

The long-standing debate surrounding the classification of cryptocurrencies has taken a new turn with a study commissioned by the European Parliament . The report suggests that treating all crypto assets as default transferable securities could be the solution and urges for enhanced governance and authorization rules similar to traditional stocks and bonds . Rethinking Regulation for the Crypto Industry The report argues that this approach would redefine the scope of crypto industry regulation and emphasizes the necessity for additional measures . Despite the recent introduction of the Markets in Crypto Assets (MiCA) regulation in the European Union the report’s authors express skepticism about its immediate positive impact in the complex and opaque crypto landscape . FOR MORE INFO:  https://financebun.com/decoding-cryptocurrency-regulation-should-they-be-treated-as-securities/
Read more