Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

FDIC Chair Calls Stablecoins a Top Concern as NY Fed Calls Them Unnecessary
FDIC Chair Calls Stablecoins a Top Concern as NY Fed Calls Them Unnecessary
February 08, 2022  |  Cryptocurrency

Heading into an important hearing later Tuesday morning (Feb. 8) by the House Financial Services Committee about the President’s Working Group on Financial Services recent...

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China’s X-Border CBDC Ambitions Will Bring Digital Yuan to Broader Global Stage
China’s X-Border CBDC Ambitions Will Bring Digital Yuan to Broader Global Stage
February 08, 2022  |  CBDC

Beyond retail, beyond the confines of its own borders, China is eyeing bringing its central bank digital currency (CBDC) to a broader world stage. Get...

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Crypto Networks Connected to Increase in Reported Fraud
Crypto Networks Connected to Increase in Reported Fraud
February 08, 2022  |  Cryptocurrency

A federal law enforcement network has identified a surge of suspicious activity from San Francisco financial firms, including some of the world’s leading cryptocurrency trading...

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US House Urged to Pass New Legislation on Stablecoins 
US House Urged to Pass New Legislation on Stablecoins 
February 08, 2022  |  Cryptocurrency

The U.S. House Committee on Financial Services holds a hearing on Tuesday 8 with only one witness, Nellie Liang, Under Secretary for Domestic Finance at...

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NY Fed: Tokenized Deposits Better Than Stablecoins
NY Fed: Tokenized Deposits Better Than Stablecoins
February 08, 2022  |  Cryptocurrency

Researchers with the Federal Bank of New York have said stablecoins are not likely to be the future of payments, CoinDesk reported Monday (Feb. 7)....

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17 Crypto Exchanges Pledge Safe Markets, Cooperation With Regulators
17 Crypto Exchanges Pledge Safe Markets, Cooperation With Regulators
February 07, 2022  |  Cryptocurrency

Solidus Labs, Coinbase and several other big names in crypto announced Monday (Feb. 7) that they are forming a Crypto Market Integrity Coalition (CMIC) to...

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Today in Crypto: Payments Platform Wirex Makes US Debut; Tesla Says It Held $2B in Bitcoin at End of ’21
Today in Crypto: Payments Platform Wirex Makes US Debut; Tesla Says It Held $2B in...
February 07, 2022  |  Cryptocurrency

North Korea has reportedly used stolen crypto funds to help fund its missile development program, according to a Reuters report Monday (Feb. 7), which cited...

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61% of Businesses See Operational Efficiency as Blockchain and Crypto Opportunity
61% of Businesses See Operational Efficiency as Blockchain and Crypto Opportunity
February 07, 2022  |  Blockchain

Executives with a deeper understanding of how blockchain technology works tend to use or exhibit openness to using it at a higher rate than those...

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New FDIC Acting Chair: Evaluation of Crypto Risks Is a Top Priority for 2022
New FDIC Acting Chair: Evaluation of Crypto Risks Is a Top Priority for 2022
February 07, 2022  |  Cryptocurrency

Federal Deposit Insurance Corporation (FDIC) Acting Chairman Martin J. Gruenberg on Monday (Feb. 7) included the evaluation of the risks related to cryptocurrency as a...

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