{"id":15565,"date":"2021-05-29T06:03:56","date_gmt":"2021-05-29T06:03:56","guid":{"rendered":"https:\/\/emilynews.com\/blog\/?p=15565"},"modified":"2021-05-29T06:37:00","modified_gmt":"2021-05-29T06:37:00","slug":"news-commentary-1369-hightwolf-the-worlds-superpowers-interested-in-crypto","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=15565","title":{"rendered":"News Commentary #1,369 \u2013 HightWolf | The World’s Superpowers Interested in Crypto?"},"content":{"rendered":"

HightWolf<\/a> (reviewed here<\/a>) brought more news from the global financial sector. This time they talk about different countries and their interest in cryptocurrencies. <\/span><\/span><\/p>\n

\"\"<\/a><\/p>\n

Quite interesting information that may also be useful to investors in the HYIP market in the medium and long term. I hope that to most of you it will be useful to know:<\/span><\/span><\/p>\n

The world’s superpowers can have cryptocurrency investments at the state level.<\/span><\/p>\n

The analytical data reveals, that two global superpowers \u2013 the United States and China \u2013 may have crypto investments on a governmental level.<\/p>\n

China is the second-biggest BTC holder after Grayscale ($37B worth of BTC), while the US ranks seventh. According to such data, each of them holds under 1% of Bitcoin\u2019s total supply and is among the rare governments openly declaring their Bitcoin investments.<\/div>\n
<\/div>\n
Most of their counterparts around the world seem to keep silent on the subject of crypto investments. Such a position could mean that they do not disclose their crypto holdings or do not have any.<\/div>\n
<\/div>\n
That may be logical, considering that multiple governments worldwide are working towards their own digital currencies.<\/div>\n
<\/div>\n
From Japan to Latin American countries \u2013 dozens of governments are exploring the issuance of their very own central bank digital coins (CBDCs). For now, China is one of the leaders in the race. The country tested its digital yuan in live pilots and plans to make it available at the 2022 Winter Olympics.<\/div>\n
<\/div>\n
Despite these developments, governments worldwide also support various blockchain projects. That could lead to assumptions of a positive official attitude and possible investments in altcoins. Let\u2019s take a look at which countries may have preferences for what coins.<\/div>\n
<\/div>\n
Switzerland<\/strong><\/div>\n
<\/div>\n
The general governmental attitude towards cryptocurrencies is highly positive in Switzerland. The country has no state-backed digital currency nor clear plans to issue any. However, its region of Zug, nicknamed \u201cCrypto Valley,\u201d has started accepting Bitcoin and Ethereum for tax payments from this February.<\/div>\n
<\/div>\n
Japan<\/strong><\/div>\n
<\/div>\n
Officially, Japan has no investments in Ripple\u2019s XRP. The coin is currently embroiled in a lawsuit with the US Securities and Exchange Commission (SEC). The authority accuses the firm of selling $1.3 billion of XRP as an unregistered security. In the meantime, Japan\u2019s securities regulator FSA considers XRP to be not a security but a cryptocurrency.<\/div>\n
<\/div>\n
The Japanese financial firm SBI Holdings is one of Ripple\u2019s investors and business partners. SBI Holdings aims to revive the country\u2019s regional banks, which are struggling with an aging society and pandemic issues.<\/div>\n
<\/div>\n
South Korea<\/strong><\/div>\n
<\/div>\n
While countries do not disclose voluntary crypto investments, the legal way to add some to the national treasury is\u2026 confiscation. South Korea punished its cryptocurrency tax evaders last month and now holds over $22 million worth of digital coins.<\/div>\n
<\/div>\n
The national budget filled up with $4.18 million worth of Bitcoin, as well as Dragon Vein and Ripple (over $3.52 million of each), Ethereum ($2.2 million), and Stellar ($1.98 million).<\/div>\n
<\/div>\n
Follow the Hightwolf<\/a> news.<\/div>\n
<\/div>\n
WE MAKE DECISIONS \u2013 YOU RECEIVE PROFIT!<\/strong><\/div>\n
\"\"<\/a><\/div>\n<\/blockquote>\n

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\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

HightWolf (reviewed here) brought more news from the global financial sector. This time they talk about different countries and their interest in cryptocurrencies. Quite interesting information that may also be useful to investors in the … News Commentary #1,369 \u2013 HightWolf | The World’s Superpowers Interested in Crypto?<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[4895,4894,4619,4622,4623,4625,4624,4627,4620,4758,4681,4626,4621,4618],"class_list":["post-15565","post","type-post","status-publish","format-standard","hentry","category-information","tag-hightwolf-bitcoin-hyip","tag-hightwolf-crypto-hyip","tag-hightwolf-hyip","tag-hightwolf-hyip-details","tag-hightwolf-hyip-news","tag-hightwolf-hyip-on-en","tag-hightwolf-hyip-program","tag-hightwolf-hyip-review","tag-hightwolf-hyip-status","tag-hightwolf-invest","tag-hightwolf-news-hyip","tag-hightwolf-review","tag-hightwolf-scam-or-paying","tag-https-hightwolf-com-refemilynews","exalt-entry"],"yoast_head":"\nNews Commentary #1,369 \u2013 HightWolf | The World's Superpowers Interested in Crypto? - EmilyNews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/emilynews.com\/blog\/?p=15565\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"News Commentary #1,369 \u2013 HightWolf | The World's Superpowers Interested in Crypto? - EmilyNews\" \/>\n<meta property=\"og:description\" content=\"HightWolf (reviewed here) brought more news from the global financial sector. 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