Cryptoverse: 10 billion reasons bitcoin could become a reserve currency
A crypto platform’s pledge to amass $10 billion worth of bitcoin to back its own “stablecoin” is firing up the market. It’s part of a wider movement to crown bitcoin as the reserve currency of a new age.
EXCLUSIVE U.S. plans to cut ties with targeted Russian banks if Ukraine is invaded – sources
President Joe Biden’s administration has prepared an initial package of sanctions against Russia that includes barring U.S. financial institutions from processing transactions for major Russian banks, three people familiar with the matter said.
