How to Create Money. Do you prefer to create money, or spend money? Bitcoin rallied following a proposal from global regulators that would introduce capital requirements for banks dealing in crypto.
The largest digital token gained 5.1% to $38,250 as of London time 6.10.21.
While the proposal would introduce tough capital controls, it also shows that regulators are taking the fast-growing market seriously and preparing the banking industry for how to deal with its widespread adoption.
Creating money is really a mindset as much as a talent.