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Financial sovereignty in an age of unregulated Layer 3 dollars: If you’re the governor of a small central bank in a country that’s low on the geopolitical pecking order, you might face the prospect of your citizens getting access to digital greenback stablecoins issued by the likes of Fb. This will undermine your already tenuous financial sovereignty, and elevate the prospect of your nation turn into a vassal within a Layer three corporate-issued dollar system. On this context, it’s possible you’ll really feel some stress to push a local Layer 1 CBDC to compete with that, even if it upsets your local banking sector.

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Michigan opened its Slot online sports betting doorways with a bang in January 2021, with 10 sportsbooks debuting on the same day. Since then, it has turn into certainly one of the top states for sports betting, with more than one dozen Michigan sports betting apps providing service to Michiganders and their company. For essentially the most half, Michigan regulation doesn’t prohibit any explicit sort of sports activities wager beyond high school sporting occasions. However, you can’t make prop bets on individual players in collegiate sports activities.