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They were only two seemingly innocuous words: “investment alternatives.” But when applied to Bitcoin the seminal cryptocurrency by an official from the People’s Bank of China in a recent panel discussion, they reverberated like a firecracker. “A remarkable step for BTC,” Lennix Lai, director of financial markets at OKEx, calls the statement. Michael Peshkam, executive in residence at European business school INSEAD, describes the central banker’s remarks as “a significant shift in the country’s position” on crypto. To recap: On April 18 at a CNBC event at the Boao Forum for Asia, Li Bo, deputy governor of the PBoC China’s central bank said: “We regard Bitcoin and stablecoin as crypto assets. […] These are investment alternatives.” CNBC reporter Arjun Kharpal commented: ....
America Is Exporting Its Extreme Right Abroad via Social Media, Experts Warn On 2/19/21 at 10:48 AM EST The battle against far-right extremism will be a significant part of President Joe Biden s domestic agenda. Long on the fringes of American society and politics, far-right extremists were energized and emboldened by former President Donald Trump and his allies, who did little to discourage their rise and at times even helped it. Biden came to office days after a right-wing mob stormed the U.S. Capitol, sending lawmakers running for their lives and horrifying those who still considered the American political system for all its obvious faults the pinnacle of democracy. ....