Government vs Crypto: The Battle Begins

The inevitable war between government and crypto is getting started.German Finance Minister on Monday:“We must do everything possible to make sure the currency monopoly remains in the hands of states.”The G7 this week: "We want to regulate digital currencies."European Central Bank President: "Stablecoins threaten monetary sovereignty.”Between the STABLE Act, which would ensure that only banks could issue stablecoins and would make all others illegal, Treasury Secretary Mnuchin’s plan to go af...