1. Cashing in on crypto In a move that may seem to go against the point of decentralised currencies, Goldman Sachs has announced the launch of a new cryptocurrency called USD Coin, unveiled by its fintech startup, Circle. It becomes the first major bank to venture into the market and could bring some stability to cryptocurrencies, as USD Coin will be pegged to the dollar. The company hopes it will eventually be accepted anywhere that takes traditional currencies. The bank also recently announced that it will open a bitcoin trading desk. 2. Poll supports Burundian president’s play for power Citizens of Burundi have voted to amend its constitution by introducing changes that could extend the rule of president Pierre Nkurunziza all the way to 2034. More than 73% of 4.7m voters in a referendum supported the constitutional amendments. Nkurunziza, whose current term expires in 2020, ran for a third term in 2015 and went on to win the election, sparking a bloody political conflict that cla...
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