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Economist Nouriel Roubini backtracks on anti-crypto stance with digital dollar plans
Long-term crypto critic Nouriel Roubini is working on a digital dollar through Atlas Capital Team L.P. that will serve as “a more resilient dollar,” Bloomberg News reported. Atlas Capital, co-founded by Roubini, will work with web3 developer Mysten Labs to develop the “United Sovereign Governance Gold Optimized Dollar.” According to Roubini, the company plans to…
Businesses could soon pay their taxes with crypto in Florida
The Governor of Florida, Ron DeSantis, has said that he’s working on the possibility of businesses within the state paying their taxes in crypto. Florida to embrace crypto payments for taxes This revelation was made at a recent conference where the Governor stated that Florida should be willing to accept crypto payment if a business…
Russia sanctions could push other countries to develop their CBDCs
Banking executive Hiromi Yamaoka believes that the conflict in Ukraine could influence central bank digital currencies (CBDCs) policy globally. The former head of payments and settlements department at the Bank of Japan sees countries such as China exploring CBDCs to counter the dominance of US dollars. China, others could explore CBDC to counter US Dollar…