Black Friday Crypto Sales and Gov Going Asking about Centralized Stablecoins
Hello everyone! Welcome back to the Black Friday update on Coin Logic TV where all the crypto is on sale! LOL
If you want to give the give of crypto this year, now's the time to buy!
Looking at the trending section of Coin Logic TV as well as the Bitcoin and Hive charts as we look at both finding market structure at these levels.
We are also taking a look at the new Coin Logic Finance Club community that is going to be based on the Hive blockchain and will have a full social platform on Hive and we will have multi-chain DAOs on Binance Smart Chain as well as Polygon!
If you do not have a Hive account yet, you can get on at https://hiveonboard.com?ref=coinlogic.online and get started on your Web 3 social media journey today!
And then we get into a poorly written article from Bitcoin.com that discusses a letter from the US Senate to several centralized crypto companies and exchanges that deal in and issue stablecoins.
https://news.bitcoin.com/us-senator-coinbase-gemini-binance-tether-how-theyre-protecting-consumers/
Here is the link to the letter to the CEO of Circle (USDC): https://www.banking.senate.gov/imo/media/doc/letter_to_circle.pdf
You can go read the silly questions that anyone of their staffers with a brain and an internet connection could really find out with some research. But I guess they have neither, so now we have some news to read, lol.
Obviously I do not think highly of any government or regulations... It's kind of why crypto was invented so it can be our way out. But allof of people seem to cheer for government intervention... Not me...
Anyway, enough on that subject, lol.
Nothing we say is financial advise. This is for educational and recreational purposes only! Stay safe in these volitile markets and don't get rekt!
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