Fed-nominee Stephen Moore is teaming up with a former Reagan lawyer to launch Frax, a new stablecoin. Frax will not be backed by a U.S. dollar reserve, but will instead be loaned out to collect interest. Moore’s goal is to limit what he calls “the government monopoly of currencies”…
Read full articleWhy investors and celebrities are pouring money into NFTs
Many investors don’t understand what NFTs are… or why folks are paying so much for them. Here’s what you...