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And firms are busy dipping their toes adding cryptocurrency to their stability sheets. However, what stays to be seen is the long-term effects of digital currencies. We’ve seen bitcoin hit an all-time high of $65,000 and the total crypto market capitalization breach the $2 trillion milestone inside a few months. Besides large institutional buy-in from corporations, the biggest news for crypto comes from El Salvador, the first of many to undertake bitcoin as a authorized tender. Around 16% of adult Americans — or 40 million folks — have invested in cryptocurrencies, based on the federal government, and 43% of males between the age of 18 and 29 have invested in the digital currency. Cryptocurrency This news has come at a time when some experts speculated that Kremlin can use crypto to evade sanctions imposed by the West. “Dubai has made some constructive bulletins related to virtual property by forming ‘Dubai Virtual Assets Regulatory Authority’ which is predicted to spark investors