The two groups tasked with this research in the U.S., MIT’s Digital Currency Initiative and the Federal Reserve Bank of Boston, are parsing out what a digital currency might look like for Americans. Privacy is a major concern, so researchers and analysts are observing China’s digital yuan rollout. — Read on http://www.cnbc.com/amp/2021/07/24/the-us-is-deciding-how-to-respond-to-chinas-digital-yuan.html MIT and theContinue reading “The U.S. is deciding how to respond to China’s digital yuan”
Circle published a breakdown of its assets backing the USDC stablecoin for the first time in its latest attestation report. — Read on http://www.coindesk.com/circle-reveals-assets-backing-usdc-stablecoin Meanwhile the dollar is backed by absolutely nothing 😂
The U.S. president is accusing China of supporting cyberattacks, including ransomware, cryptojacking, digital extortion and theft. — Read on http://www.coindesk.com/biden-accuses-chinese-state-actors-of-ransomware-cryptojacking-attacks
“The product that Bitcoin is selling is 1/21 millionth of all the money in the world. That doesn’t have to change, it just kinda has to not break,” said Michael… — Read on cointelegraph.com/news/michael-saylor-doesn-t-think-bitcoin-is-going-to-be-currency-in-the-us-ever/amp
ZeroHedge – On a long enough timeline, the survival rate for everyone drops to zero — Read on http://www.zerohedge.com/crypto/yellen-summons-plunge-protection-team-discuss-regulating-stablecoins
youtube.com/watch Big news coming from the SEC vs Ripple case!
Insiders say Bank of America, the second-largest bank in the U.S., has approved the trading of bitcoin futures for some clients. — Read on http://www.coindesk.com/bank-of-america-approves-bitcoin-futures-trading-for-some-clients-sources
youtube.com/watch Checkout this video from the Flare Community!