New German Chancellor Olaf Scholz calls for the state currency monopoly

    Amid the latest price surge, propelling the crypto market above $3 trillion, Germany’s new chancellor Olaf Scholz warned over a “tulip bubble” developing over the crypto market, calling to keep “the currency monopoly” in the “hands of states.” “I would doubt whether [Bitcoin and cryptocurrencies have] any prospects as a currency model,” Scholz, who has…