The early days of cryptocurrencies, Bitcoin emerged as the pioneer. It was created with the intention of being a decentralized digital currency that does not rely on any central authority or institution. Unlike traditional forms of money, Bitcoin is not backed by any government or organization, making it a unique asset that is not anyone’s liability. This characteristic of Bitcoin has made it attractive to many individuals and businesses who value the idea of financial independence and security. As the first cryptocurrency, Bitcoin paved the way for the development of numerous other digital currencies that followed its decentralized model.
HomeDIGITAL ASSETS REGULATORYbis_asset_updateAnalyzing Stablecoins through a Financial Lens: Addressing Wealth Equality