Recent moves by #SaudiArabia, #Russia and #China have raised fears that the #USdollar could lose its preferred status for #oil trading. And yet alternative national #currencies aren’t that appealing. Could a #Bitcoin-like #currency do better?

China's crypto policies appear to be shifting. From bans on trading and mining in 2021 to this year encouraging state run banks to offer crypto companies in Hong Kong banking accounts, a change is in the air. On this episode, NLW looks at a recent Web 3 paper from Beijing and Hong Kong's new exchange rules. Enjoying this content? * SUBSCRIBE to the Podcast: https://pod.link/1438693620 * Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto * Subscribeto the newsletter: https://breakdown.beehiiv.com/ * Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: * NLW: https://twitter.com/nlw * Breakdown: https://twitter.com/BreakdownNLW

Unbelievable after half a year (!) of waiting (while parliamentary questions must be answered within six weeks at the latest) The cabinet refuses to send a single document about the WEF “Digital Currency Governance Consortium” to the House of Representatives, partly because the queen is involved.