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Crypto Update | Bitcoin Optimistic Despite Regulatory Uncertainty, but Remains Vulnerable

Markets Outlook

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Crypto and the Central Bank Digital Currency

Bitcoin is currently trading at $26,871 per token. Ether is up almost 4% over the same time period according to the coin desk market index. The IMF outlined a central bank digital currency or CBDC system which it claims could be more efficient and safe while still ensuring countries can impose compliance checks and capital controls. First Republic was the only winner since our last update.

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