The International Monetary Fund published a report detailing how Bitcoin disrupts the world order, enables sovereignty amid sanctions, and demands regulatory action.
Silvergate saw customers deposit an average of $14.7 billion worth of bitcoin and cryptocurrency to the firm’s platform during the first quarter of this year.
Mohamed El-Erian, Chief Economic Advisor for Allianz, took an interview with CNBC to discuss the rising price of bitcoin, inflation rates, and possible recession.