Russia is taking the lead in issuing a multinational stablecoin backed by commodities with the Eurasian Economic Union, or EAEU, and BRICS countries. Russian President Vladimir Putin is the most influential person in the blockchain industry, according to Changpeng Zhao, the CEO of major cryptocurrency exchange Binance, which added five trading pairs: Binance Coin (BNB), […]
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The U.S. Office of the Director of National Intelligence is seeking a researcher to model risk scenarios for how and why the dollar could lose its global supremacy. The United States intelligence community is seeking a researcher to model risk scenarios for how and why the dollar could lose its global supremacy, and how best […]
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Fed Nominee Judy Shelton speaks about the need for a digital dollar at a confirmation hearing in the US Senate. Treasury Secretary Steven Mnuchin wasn’t the only one to make waves at the U.S. Senate this week when it came to the future of currency. Tom Cotton, a Republican senator from Arkansas, spoke at length […]
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U.S. think tank the Heritage Foundation argues that the authorities should ensure consumers can use the preferred currency, instead of launching a digital one. Conservative United States think tank the Heritage Foundation argues that instead of launching a central bank digital currency (CBDC), the government should ensure that the public can use the currencies they […]
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President Donald Trump’s $4.8 trillion 2021 budget proposal hopes to return the Secret Service to the Treasury in a bid to enhance cyber and financial crime investigations. President Donald Trump’s $4.8 trillion 2021 budget proposal hopes to reconsolidate the Secret Service with the Treasury Department in order to enhance cyber and financial crime investigations. Established […]
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Huobi joins Binance and LG Electronics as a member of the Klaytn Governance Council, a part of Kakao’s public blockchain project. Huobi is the latest firm to join the Klaytn Governance Council, a part of Kakao’s public blockchain project which runs its distributed network under the shared governance. The council grows According to an early […]
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The deputy director of the U.S. Financial Crimes Enforcement Network says the crypto sector must not abet a “slide backward” in money laundering prevention. The deputy director of the United States Financial Crimes Enforcement Network (FinCEN) says the cryptocurrency sector must not abet a “slide backward” in money laundering prevention. FinCEN deputy director Jamal El-Hindi made […]
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Wallet providers and exchanges will be paying interest on consumer crypto holdings within two years, predicts Dan Schatt. In a varied career, Dan Schatt has been a Peace Corps volunteer in Romania, a Citibank banker in Senegal, a Celent analyst and a PayPal executive. He co-founded Cred, a decentralized lending and borrowing platform, with other […]
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Bitcoin returns to five figures, some Coinbase users are limited to withdrawing $10 a day, and North Korean hackers get inventive. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — […]
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New data shows FAANG stocks offer better risk-adjusted performance than the top 3 cryptocurrencies in the market, including Bitcoin. Bitcoin (BTC) and other cryptocurrencies have been compared to FAANG (Facebook, Apple, Amazon, Netflix and Google) companies due to their network effects, as reported by Cointelegraph. The rationale that the increase in people using a platform […]
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