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What you need to know today in crypto and beyond June 14, 2021 Sponsored By: Welcome to The Node.
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–Daniel Kuhn
Today's must-reads Top Shelf THE NEXT EL SALVADOR? Tanzania’s president, Sami Suluhu Hassan, urged the Bank of Tanzania to prepare for wider adoption of crypto, according to reports. In a speech Sunday, she said, “My call to the central bank is that you should start working on that development,” referring to crypto.
–Helene Braun
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“We see [crypto] as an opportunity and we are welcoming the investment that can come from this industry.”
–Jehudi Castro Sierra, adviser to Colombia's president, on CoinDesk’s “First Mover.”
A message from CoinDesk CoinDesk's new reward token soft-launched at Consensus 2021, but $DESK lives on. Attendees can still cash in at the $DESK store, or hodl and accumulate. Join the Telegram group for announcements and airdrops.
What others are writing... Off-Chain Signals Paul Tudor Jones says to "go all in on the inflation trades" like bitcoin if the U.S. Federal Reserve continues to treat consumer inflation with nonchalance (CNBC) The Financial Times asks whether CBDCs will be the end of financial privacy. It doesn't look great. South African financial regulators plan a more proactive approach to crypto following strong retail interest (Cointelegraph) Thailand’s Securities and Exchange Commission banned trading of gimmicky assets, or assets that have “no clear objectives or substance, and whose prices are dictated by social media trends, or meme-based tokens.” This includes NFTs. (Bangkok Post)
A message from Concordium Concordium leads the Blockchain and Crypto industry to a new era! Concordium is a layer 1, public and permissionless Proof-of-Stake-based blockchain with a unique Identity layer at the protocol level. Concordium's core features solve the shortcomings of classic blockchains by introducing built-in identity management at the protocol level and zero-knowledge proofs, which are used to replace anonymity with perfect privacy.
Putting the news in perspective The Takeaway 2 Tweets Makes a Story: Bloomberg's Bitcoin Miami Report
I guess the standard here is: Bitcoin is weird and our readers don't really like it, so it doesn't actually matter if we try to get the story right. From Bloomberg's account:
–Brady Dale
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