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₿ Maxi Satoshi
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Just another ₿ Maxi - 3 topics I would post here: #Bitcoin , general economics, geopolitics and memes. Everyone loves memes and some generated AI images

Bank of Canada discussion paper found that Canadians have weak incentives to adopt a #CBDC due to the high accessibility of existing financial services

https://www.bankofcanada.ca/wp-content/uploads/2023/08/sdp2023-15.pdf

#China has partnered with the Bank of International Settlements (#BIS)to create #mBridge, a digital payment system that completely bypasses SWIFT and #US banks

BOLT12 specification allows new Lightning QR codes that are smaller than invoices but can contain more information (subscriptions, currency, vendor name, blinded paths to reach the vendor).

#PayPal stablecoin gives the company the ability to freeze and wipe your assets

#U.S. New York District Court dismisses class action lawsuit against #Tether and #Bitfinex for lack of "plausible allegations of injury"

The complaint was based on the allegation that USDT was not backed one-to-one by the #US Dollar

https://u.today/tether-bitfinex-score-legal-victory-as-us-lawsuit-is-dismissed?amp

#Canadian police now use #Chainalysis to 🔎 trace transactions, funds and suspects, in an attempt to return more stolen funds to victims

https://blog.chainalysis.com/reports/western-canada/

ProShares and Bitwise are filling more #Bitcoin  ETFs.

August 3 application includes a proposal for the #Bitcoin  and ether Equal Weight ETF, to measure “performances of holding long positions in the nearest maturing monthly #Bitcoin  (and ether) futures contracts.”

There are many other #ETFs that are filed

ProShares and Bitwise are filling more #Bitcoin  ETFs.

August 3 application includes a proposal for the #Bitcoin  and ether Equal Weight ETF, to measure “performances of holding long positions in the nearest maturing monthly #Bitcoin  (and ether) futures contracts.”

There are many other #ETFs that are filed

#Brazil's President calls to end the #US dollar's trade dominance.

https://t.co/Qs0bruloPd

#BRICS to announce memberships of new nations at summit, citing major shift in global order.

Countries that have formally applied to join the alliance:

🇦🇪 United Arab Emirates

🇸🇦 Saudi Arabia

🇧🇩 Bangladesh

🇻🇪 Venezuela

🇦🇷 Argentina

🇮🇩 Indonesia

🇪🇹 Ethiopia

🇧🇭 Bahrain

🇲🇽 Mexico

🇳🇬 Nigeria

🇩🇿 Algeria

🇪🇬 Egypt

🇮🇷 Iran

https://t.co/rU5WRhCGDB

World Economic Forum says a 🇪🇺 Euro #CBDC “can help safeguard public money in the face of a surge in cryptocurrencies like #Bitcoin .”

MSTR acquired an additional 467 BTC for $14.4 million and now holds 152,800 BTC. Please join us at 5pm ET as we discuss our Q2 2023 financial results and answer questions about the outlook for #BusinessIntelligence and #Bitcoin . $MSTR

https://t.co/SCHeBJ80TH

US Government launches investigation into $9 trillion asset manager #BlackRock over Chinese investments.

https://t.co/CQDkhq3EYE

#Bitcoin  Mining Machines Moving to #Russia Due to Saturation in #USA , Despite Sanctions

https://finance.yahoo.com/news/bitcoin-mining-machines-moving-russia-032628855.html