BIS Innovation Hub partners with Fed to support analysis of digital assets
Jerome Powell cited CBDCs and digital assets in his speech to open the New York Innovation Center at the Federal Reserve’s local offices.
BIS Innovation Hub partners with Fed to support analysis of digital assets
Jerome Powell cited CBDCs and digital assets in his speech to open the New York Innovation Center at the Federal Reserve’s local offices.
Vladimir Putin says cryptocurrencies 'bear high risks'
On Tuesday, Vladimir Putin, President of the Russian Federation, voiced his criticism at the "Russian Calling" investment forum in Moscow. According to local news outlet lenta.ru, the president made the following remarks, as translated by Cointelegraph:"It is not backed by anything, [and] the volatility is colossal, so the risks are very high. We also believe that we need to listen to those who talk about those high risks."Putin called for the greater monitoring and regulation of cryptocurren...
Vladimir Putin says cryptocurrencies 'bear high risks'
On Tuesday, Vladimir Putin, President of the Russian Federation, voiced his criticism at the "Russian Calling" investment forum in Moscow. According to local news outlet lenta.ru, the president made the following remarks, as translated by Cointelegraph:"It is not backed by anything, [and] the volatility is colossal, so the risks are very high. We also believe that we need to listen to those who talk about those high risks."Putin called for the greater monitoring and regulation of cryptocurren...
Floki Inu’s logo to appear on league-topping S.S.C. Napoli’s match jersey and stadium
The team behind the Floki Inu (FLOKI) token — inspired by Elon Musk’s pet dog of the same name — has signed a sponsorship deal with Italian football giant S.S.C. Napoli. S.S.C Napoli was founded in 1926 and is one of the most popular professional teams in Italy. The historic club won its first Serie A title in 1987 led by the late global football icon Diego Maradona and is currently sitting in first place in the league for the 2021–2022 season.Here is SSC Napoli's official tweet about th...
Floki Inu’s logo to appear on league-topping S.S.C. Napoli’s match jersey and stadium
The team behind the Floki Inu (FLOKI) token — inspired by Elon Musk’s pet dog of the same name — has signed a sponsorship deal with Italian football giant S.S.C. Napoli. S.S.C Napoli was founded in 1926 and is one of the most popular professional teams in Italy. The historic club won its first Serie A title in 1987 led by the late global football icon Diego Maradona and is currently sitting in first place in the league for the 2021–2022 season.Here is SSC Napoli's official tweet about th...
Ethereum layer-two TVL reaches all-time high
The total value locked (TVL) on Ethereum layer-two networks has surged to a new peak as gas fees continue to steadily rise driving further adoption. Layer-two analytics platform L2beat currently reports that the TVL across various layer-two protocols and networks has reached an all-time high of $5.64 billion. Layer-two scaling solutions provide much higher transaction throughput and lower transaction fees, and they have surged in terms of adoption in November, which has seen the highest avera...
Ethereum layer-two TVL reaches all-time high
The total value locked (TVL) on Ethereum layer-two networks has surged to a new peak as gas fees continue to steadily rise driving further adoption. Layer-two analytics platform L2beat currently reports that the TVL across various layer-two protocols and networks has reached an all-time high of $5.64 billion. Layer-two scaling solutions provide much higher transaction throughput and lower transaction fees, and they have surged in terms of adoption in November, which has seen the highest avera...
The path ahead
As part of its future plans, it appears as though the Biden administration is looking to devise a new “special-purpose charter” for stablecoin issuers, which will effectively put them in the same category as banks. In this regard, Allaire believes that the details on a bank charter for a crypto company need to be ironed out over time so that the rules make sense for players operating in this evolving space. It is also worth noting that, over the course of the last few months, stablecoins have...
The path ahead
As part of its future plans, it appears as though the Biden administration is looking to devise a new “special-purpose charter” for stablecoin issuers, which will effectively put them in the same category as banks. In this regard, Allaire believes that the details on a bank charter for a crypto company need to be ironed out over time so that the rules make sense for players operating in this evolving space. It is also worth noting that, over the course of the last few months, stablecoins have...
