Blockchain DXB: 🔴 12th May 🔴 🟢Conor McGregor - BTC reserve for Ireland? 🟠Vice President JD Vance at Bitcoin 2025 🟣Tech firms barred from stablecoins 📊⁠Bank for International Settlements – Report
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 12th May: Blockchain DXB) podcast🎙️🟢Conor McGregor - BTC reserve for Ireland? 🟠Vice President JD Vance at Bitcoin 2025 🟣Tech firms barred from stablecoins 📊**Bank for International Settlements **)Report🟢Conor McGregor tweeted that crypto was created to empower people and supports the idea of an Irish Bitcoin reserve to strengthen the public’s control over money. He’ll cohost a Twitter Space to discuss changes he hopes to see. David Bailey), one of Donald Trump’s crypto advisors, has also made contact.🎙️Check out the Blockchain DXB) episode for today we share our commentary on this. We also discuss the pros & cons of Bitcoin as a Reserve by a Government & Key Considerations for managing a Government Bitcoin ReserveWe touch base on✅ Pros of a Government Bitcoin Reserve- Hedge Against Inflation- Reserve Diversification- Monetary Sovereignty- Geopolitical Leverage- Boost to Innovation & Reputation- Transparency (if on-chain)❌ Cons of a Government Bitcoin Reserve- High Volatility- Regulatory & Political Uncertainty- Cybersecurity Risks- Environmental Criticism- Liquidity Constraints- Governance & Trust Risks🔐 Key Considerations - Private Key Management- Custody Solutions- Legal & Regulatory Framework- Auditing & Transparency- Risk Management Strategy- Exit Strategy & Liquidity Planning- Education & Talent Development🚨Vice President JD Vance will speak at Bitcoin 2025 in Las Vegas. Official announcement The Bitcoin Conference) here https://rb.gy/8onzxx) Bitcoin Magazine) Vice President Vance is also familiar with the crypto world. He disclosed in 2021 that he owned between $100,000 and $250,000 worth of Bitcoin while running for Senate, and worked under libertarian billionaire investor Peter Thiel, a crypto advocate.📊BIS report - A BIS report finds that cross-border use of Bitcoin and stablecoins like Tether and USDC surges during economic stress, driven by both speculation and payment needs such as remittances. From 2017 to 2024, flows peaked at $2.6 trillion, with stablecoins used heavily in countries with high inflation or costly remittance systems. Traditional barriers like distance matter less, and capital controls are often ineffective. Download the report here https://shorturl.at/Q3e5E)🔵Radical /Extreme Left Wing Senator Elizabeth Warren is demanding that the GENIUS Act block Big Tech firms like Meta) from issuing stablecoins, accusing Mark Zuckerberg of trying to re-enter the crypto space. She also raised concerns over the Biden administration’s interactions with Binance, especially as it partners with Trump-linked World Liberty Financial). The bill, once expected to pass easily, is now stalled due to rising Democratic opposition.🟠Two UAE news (See slides)⚡UAE schools to begin teaching mandatory AI classes from age of four⚡UAE Fuel Provider Emarat - Emirates Petroleum Company P.J.S.C) Launches Crypto Payments With Crypto.com)

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