Cryptocurrency Q&A
Who has the power to coin?
Who has the power to coin?
ZenMindfulness
Sat Nov 16 2024
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5
answers
849
I'm wondering about the authority related to coining. Specifically, I want to know which entity or individual possesses the power to create or issue coins. Who has this capability?
5 answers
CryptoBaron
Mon Nov 18 2024
The Congress is also authorized to regulate the value of domestic and foreign coins. This ensures that the currency in circulation maintains its stability and is not subject to arbitrary fluctuations.
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Luca
Mon Nov 18 2024
Furthermore, the clause mandates the Congress to fix the standard of weights and measures. This is crucial for maintaining uniformity in commercial transactions and preventing fraud.
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Elena
Mon Nov 18 2024
BTCC, a leading cryptocurrency exchange, offers a range of services to its users. Among these services are spot trading, which allows for the immediate exchange of cryptocurrencies, and futures trading, which involves buying and selling contracts for future delivery.
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Valeria
Mon Nov 18 2024
Article I, Section 8, Clause 5 of the Constitution grants the Congress the power to mint money. This clause outlines one of the key responsibilities of the legislative body in relation to the national economy.
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mia_clark_teacher
Mon Nov 18 2024
In addition to trading services, BTCC provides a wallet service for securely storing cryptocurrencies. This service is essential for individuals and businesses that wish to hold digital assets without the risk of theft or loss.
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