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Thailand's finance minister told a Securities and Exchange Commission meeting on Thursday that the government is considering issuing government bond-backed stablecoins that could be used to make payments to merchants and could attract investors.
Charles Schwab President Rick Wurster said in a Bloomberg Radio interview on Thursday that the company will consider offering spot cryptocurrency trading once U.S. regulations allow it, a scenario that is more likely to happen under President Donald Trump. Rick Wurster said: "When the regulatory environments change, we will enter the spot cryptocurrency space, we do expect it to change, and we are preparing for that possibility...
Florida Chief Financial Officer Jimmy Patronis said in a CNBC television interview on Thursday that the state holds about $800 million in crypto-related investments in its portfolio. If former President Trump is re-elected next month, he wouldn't be surprised by the increase in that number. Earlier this week, Patronis said in a letter that Florida should invest some of its state pension system funds in cryptocurrencies.
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