# MakerDAO community votes against CoinShares’ 500M investment proposal

# MakerDAO community votes against CoinShares’ 500M investment proposal

” MakerDAO community votes against CoinShares’ 500M investment proposal “ Decentralized lending protocol, MakerDAO, has voted against crypto investment firm CoinShares’ proposal to invest between 100million and 500million worth of the community’s funds, into a portfolio of corporate debt securities and government-backed bonds for yield, as an investment strategy.  72.43% of the community votes went…

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# Could Hong Kong really become China’s proxy in crypto?

# Could Hong Kong really become China’s proxy in crypto?

” Could Hong Kong really become China’s proxy in crypto? “ With its partial autonomy, the island city of Hong Kong has traditionally served as “a gate to China” — the local trade center, backed by transparent English-style common law and an openly pro-business government strategy. Could the harbor, home to seven million inhabitants, inherit…

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# Canada to examine crypto, stablecoins, and CBDCs in new budget

# Canada to examine crypto, stablecoins, and CBDCs in new budget

” Canada to examine crypto, stablecoins, and CBDCs in new budget “ The Canadian federal government is set to launch a consultation on cryptocurrencies, stablecoins, and Central Bank Digital Currencies (CBDCs) as revealed in its new mini-budget. The government’s “2022 Fall Economic Statement” released on Nov. 3 by Deputy Prime Minister Chrystia Freeland works as…

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# China accounts for 84% of all blockchain patent applications, but there’s a catch

# China accounts for 84% of all blockchain patent applications, but there’s a catch

” China accounts for 84% of all blockchain patent applications, but there’s a catch “ China accounts for 84% of all blockchain applications filed worldwide, according to the latest data shared by the country’s government official. China has steered clear of the cryptocurrency market. However, the Beijing government has been supportive of the underlying blockchain…

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# Crypto will become an inflation hedge — just not yet

# Crypto will become an inflation hedge — just not yet

” Crypto will become an inflation hedge — just not yet “ In theory, Bitcoin (BTC) should serve as a hedge against inflation. It’s easy to access, its supply is predictable, and central banks cannot arbitrarily manipulate it. However, investors aren’t treating it that way. Instead, the cryptocurrency market is mirroring the stock market. Why…

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