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International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.
Are Cryptocurrencies Still the Future of Money?
March 2, 2023 11:48 am (EST)
- Explainer Video
Since the creation of Bitcoin in 2009, cryptocurrencies have exploded in popularity and accrued over $1 trillion in collective value. But market volatility in 2022 threatened the crypto ecosystem—after peaking at over $68,000 in November 2021, the price of Bitcoin fell to under $17,000 twelve months later. This instability has brought new scrutiny to the industry and the countries that have embraced Bitcoin as currency: El Salvador and the Central African Republic. Financial regulators are now calling for more crypto oversight, but global efforts to regulate the industry have stalled. Given this simultaneous rise in global popularity and concern, what lies ahead for digital currency and the future of finance?
Top Stories on CFR
Liana Fix, a fellow for Europe at CFR, and Thomas Graham, a distinguished fellow at CFR, sit down with James M. Lindsay to discuss the future of U.S. policy toward Russia and the risks posed by heightened tensions between two nuclear powers. This episode is the first in a special TPI series on the U.S. 2024 presidential election and is supported by the Carnegie Corporation of New York.
Terrorism and Counterterrorism
Violence around U.S. elections in 2024 could not only destabilize American democracy but also embolden autocrats across the world. Jacob Ware recommends that political leaders take steps to shore up civic trust and remove the opportunity for violence ahead of the 2024 election season.
Those seeking to profit from fentanyl and governments seeking to control its supply are locked in a never-ending competition, with each new countermeasure spurring further innovation to circumvent it.