Gemini Reportedly Exits UK, EU With Under-$10M Sale to KAST
Gemini reportedly sold its UK and EU units to Singaporean stablecoin firm KAST for under $10 million.
A strategist says Bitcoin offers a decentralized alternative amid the US-China financial rivalry, acting as a bridge between the dollar and yuan.
Geopolitical strategist Velina Tchakarova, who founded FACE (For A Conscious Experience), contends that the current era resembles a new Cold War, with the US and China constructing competing financial systems. She states that the United States is defending the dollar's dominance through stablecoins, while China and Russia are developing state-controlled digital currencies like the digital yuan and digital ruble. Tchakarova describes Bitcoin as a decentralized “third way” that acts as a link between these two spheres, and she suggests that as the global system fractures, Bitcoin could face increasing pressure from state actors.
The discussion includes topics such as the global system rupture, two wars, oil markets, the Trump-Xi-Putin triangle, rare earths, chips, AI, and Bitcoin's role in a US-controlled architecture.
Disclaimer: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.
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Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
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