Bundesbank’s president Joachim Nagel urged central banks to revamp their business models and adopt digital currencies during the BIS Innovation Summit.
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Rostin Behnam said that “without a regulatory framework,” regulators would continue pursuing crypto firms to protect investors from potential fraud and manipulation.
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Bitcoin is facing selling near the 50-day SMA, indicating that the range-bound action may continue for a few days.
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Issues such as community discontent, farm accounts, and restrictive criteria have plagued recent airdrops.
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