The crypto market now faces its biggest threat yet, as central banks make recommendations to heavily regulate and ban stablecoins. The Financial Stability Board's report could be BRUTAL for digital assets.
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https://cryptobriefing.com/wp-content/uploads/2020/04/financial-stability-board-addressing-regulatory-supervisory-oversight-challenges-globals-stablecoin-arrangements-pdf.pdf
Crypto Market Faces its Biggest Risk Yet as Central Banks Make a Surprising Move
https://www.coindesk.com/blockchain-gaming-platform-enjin-updates-wallet-ahead-of-china-expansion
https://cointelegraph.com/news/etherscan-launches-fraud-monitoring-and-address-blacklisting
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*I’m ready to go to war*
First, God bless you!
Next step is privacy coins. Mark my words, they will cite money laundering and terrorism.
Can you imagine if governments outlawed stablecoins and then started issuing their own stablecoin upon the turn-in of Fiat currencies… keep in mind these people are evil and only see you as a slave
just voted for you!
appreciate you, AlwaysB!
You know what coin won’t be censored? The one that has been working with regulators and financial institutions since the get go…XRP.
If they ban them, it will be in tandem with releasing their own imo 👍
Add links to articles. Great Video! THANKS!
appreciate you!
love your passion! STAY SAFE 👍
all links are in the description. per usual 👍
blockchain influencer award without Chico Crypto? Good joke!
I just want to know how can they ban something when we are supposed to be sovereign citizens?
If they ban tether coins what would happen to your funds in those coins?
From a censorship perspective, XRP has more central points of failure than Bitcoin. I think we can all agree to that 👍
For “our protection”
@Altcoin Daily i hold XRP, and I agree. They can be outlawed, but bitcoin can’t.
DGB decentralized stable coin will be unstoppable!!!
XRP!
@Altcoin Daily I hope all is well, for you guys in the craziness of LA.
Ed Stump Yeah what a joke. We should lock those people up for their dishonesty and plots against freedom.
This could actually be good though, it means the price of BTC and altcoins wont be as volatile and will progress organically.
true, but it will be a huge blow to liquidity as well 👍
Blue pill: The up and coming inflationary USD fiat coin = you are asleep and reality is created for you inside of a VR headset. Also your rights are taken away from you
Red pill: Bitcoin = go down the rabbit hole and go into wonderland. Where you see the world for what it is. Also you see right thru people and their intentions. You learn the past present and future.
👍
Again shitcoins will go zero. Change my mind 💪
Rigged monopolies don’t like competition, hence they want to “regulate”.
you’d be unable to withdraw i guess. or they would allow you to withdraw. I hope the second option.
👍
time for digibyte to roll out the stable digi dollar
I agree! Check out our livestream last night! That’s what we were saying!
👍👍
by definition, they should/will 👍
I wonder, if the ban of stablecoins could be a threat for ethereum because defi will not work anymore?
@Open Ranks shup up with ur centralized shitcoin
@Ed Stump better yet “for our safety”
you get it 👍
Now the big test, separate
Sh**coins from good alt’s. And I can’t seem to find a definition anywhere.
When I started in Crypto there was only Bitcoin💛 stablecoins can disappear along with ETH & all other shitcoins it would make me happy.
@LetFreedomSPK dude, that’s exactly why u should buy some, banks win, so why not be a part of the coin that will win in the end. Just my thoughts, please just put 100$ into it and leave it, please
Same, and i hope there a lot of you
@ballislife life banks win because of people with your mentality. We all ask and beg for change and a better world, but when the opportunity presents itself to take away their power, you give it right back to them.
Because your’e not… It just have to look that way until there a problem.
@LetFreedomSPK they are far to powerful to stop, the law makers dont give two shits about us the people, they’ll do anything to help the banks, we have no chance, they could ban bitcoin at any moment.
This is good. This mean mass adoption is coming and they know it. Now there setting it up so they can control it. Which is cool with me long as my ten bitcorns go to the moon
@ballislife life then maybe it’s time to change our political system along with the revolution of the new monetary system. I do not comply with corruption and greed. FREEDOM!! I rather die on my feet than to live my life on my knees.
Crypto Richard beaut
For those who rooting for Stablecoin demise, imagine Tether pulling all of there capital out the market.
Digi dollar😂 that sounds so stupid