The current leader of the Federal Deposit Insurance Corporation cautions against embrace of innovation for innovation's sake, taking particular aim at the risks surrounding stablecoin issuance.  The post FDIC head calls to limit stablecoins to permissioned blockchains appeared first on The Block.
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The long-term status of the US Dollar will not be affected even if other major jurisdictions adopted a Central Bank Digital Currency (CBDC) before a US CBDC. This is the personal opinion of Governor Christopher J. Waller, a member of the Board of Governors of the Federal…
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Former Revolut employees appear to have raised $6.5 million in a seed funding round for a new crypto venture called Boku. The post Filings show DeFi app Boku has bagged $6.5 million; founder says ‘I’ve not raised’ appeared first on The Block.
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In July 2021, the European Central Bank (ECB) launched the digital euro project investigation phase. This phase, which is expected to run until October 2023, aims to identify the optimal design of a digital euro and to analyse how financial intermediaries could provide front-end services that build…
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Solana (SOL/USD) is one of those cryptocurrencies expected to rival Ethereum strongly. With the prospects, the Layer-1 blockchain was labelled the Ethereum killer. The label emanated from its similarities to Ethereum. However, Solana was appreciated more for its faster transactions and lower costs. However, a bearish cryptocurrency…
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The downward trajectory of the blockchain industry is one that can hardly be overlooked. Investors in the crypto market are constantly searching for the right coin to purchase and have to be careful where they make their investments,  Recently, cryptocurrencies like Plona (PLON) have been receiving a…
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Cryptocurrency prices remained under intense pressure as geopolitical and central bank risks continued. Bitcoin dropped below $19,000 once again while Ethereum slipped below $1,300. As a result, the total market cap of all cryptocurrencies slipped to $907 billion. This decline happened as the crisis in the UK and…
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Mike McGlone, a commodities strategist at Bloomberg Intelligence, believes the bottom may be in for Bitcoin and sees its price surging to $100,000 “in a matter of time.”
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The German mobile bank - N26 - and Brazil's Nubank are the latest banking institutions to jump on the cryptocurrency bandwagon.
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Frederick Kang @ Fox Tech It may not be enough to think of the crypto economy as just a technological change. Many Crypto practitioners or hobbyists find it difficult to adapt. The main reason is that the cycle here is too obvious and the fluctuation is too…
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