Economist and gold enthusiast Peter Schiff recently predicted that the U.S. Federal Reserve may need to fight against a “complete economic collapse” in addition to inflation. Meanwhile, the Securities Exchange Commission (SEC) Chairman Gary Gensler has commented on why he regards all crypto tokens except bitcoin as securities. Lastly, Brazil has successfully passed a public blockchain pilot test with its tokenized version of the Brazilian real, the digital real. Bitcoin.com News brings you the Week In Review.
As the weeks continue to pass, the world of cryptocurrencies continues to evolve. This week, news about the public blockchain pilot test for Central Bank Digital Currency (CBDC) emerged, showing that public blockchains can use digital real tokens following all necessary compliance regulations. In addition, artificial intelligence (AI) crypto assets have surged, accounting for $4 billion in market value. Read on for the latest news from the world of Bitcoin.
