The wxt token issued by wxt will be used as service fee in the product content. Holding wxt can also enjoy many discount benefits from merchants. NGC believes that WireX can really make digital currency payment mainstream in daily ltop digital currency wallets in usife.
The voluntary application should not classify the trust as an exchange traded fund (ETF), although both have similar structures for investors as they are popular investment products. Grayscale revealed that if the application is approved, these changes will occur: 1. The trust will be the first digital currency investment vehicle for the SEC to obtain the status of a reporting company; 2. Qualified investors who have previously purchased the product through private placement have the opportunity to reduce their legal holding period by 6 to 12 months, which means that they can obtain liquidity in advance; 3. Because many institutional investors do not invest in the trust, they will be able to obtain liquidity in advance Investment products that have not been registered with the SEC, so more institutional investors may consider using the products; 4. Quarterly and annual reports will be submitted according to the relevant standards of the sec. Lianwen previously reported that in January this year, the gray bitcoin trust became the first digital asset instrument meeting the standards of the US Securities and Exchange Commission.
According to a report jointly written by J.P. Morgan analysts Josh younger, Michael feroli and others, the United States needs to focus on the idea of central bank digital currency (CBDC), or it may damage its geopolitical power, according to a report by J.P. Morgan. In general, while digital currencies are unlikely to have the transformative impact that some would like, central banks have a case for introducing digital currencies. The dollar's position as a global reserve currency will not be overturned soon. But the dominance of the US dollar has become more vulnerable, including tratop digital currency wallets in usde settlement and swift information systems that may be at risk. Even coalition countries such as the European Union may want to weaken America's influence on the global payment system. If other countries can bypass the swift system and the US dollar dominance, it will be much more difficult for the United States to achieve its goals of sanctions and terrorist financing.
According to Russian media TASS, the Central Bank of Tunisia, a North African country, announced that it would launch an e-dinar project to digitize its fiat money Tunisian Dinar. Russian start-up universa will help Tunisia issue and manage its central bank digital currency (CBDC), which will be issued based on the universa blockchain. Alexander borodich, founder and CEO of universa, pointed out that this form of e-money cannot be regarded as a real cryptocurrency. CBDC or e-dinar will be supported by banknotes issued by the central bank, while blockchain technology can prevent forgery and make issuance cheaper and more transparent.