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US Federal Reserve would soon release ‘detailed plans’ for a digital dollar

In a new move that is set to change the dynamics of the financial industry in the United States, the country’s Federal Reserve is set to release detailed plans that will guide the process of reviewing the risks and benefits attached to issuing a central bank digital currency (CBDC), a report on Wall Street Journal […] The post US Federal Reserve would soon release ‘detailed plans’ for a digital dollar appeared first on CryptoSlate. дальше »

2021-10-6 16:00


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Decline In Cash Usage Could Force New Zealand To Launch Digital Currency

Declining cash usage in New Zealand could inspire the country’s financial regulatory authorities to launch a central bank digital currency (CBDC) sooner than expected. Electronic transactions currently account for 90% of liquid money in the country according to an official statement from the Reserve Bank of New Zealand. Additionally, as of 2020, only 9% of […] дальше »

2021-10-6 17:40


Is An Energy-Efficient PoW-Based Blockchain Possible?

The emergence of cryptocurrency has disrupted the traditional financial industry and captivated the world while doing so. The decentralization movement does not only prevent fraud, but for those living under authoritarian governments, it can provide a medium of exchange resistant to censorship, giving a crucial means of financial freedom. дальше »

2021-10-5 10:22


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QChain: Benefits Of Decentralized Storage

While one of the most common benefits of blockchain and decentralized finance is unarguably a better, faster, cheaper, and more secured financial system, it is not the only one. Blockchain has developed several use cases that optimize day-to-day functioning, such as securing copyright, managing a large-scale operation, and storing data online in a decentralized environment.  […] дальше »

2021-10-3 00:32


U.S. Federal Reserve has no intention to ban cryptocurrencies, Chairman Powell says

Speaking before the House Financial Services Committee, US Federal Reserve Chairman Jerome Powell, stated that the authority has no objective to ban cryptocurrencies.   According to Powell, who responded to his earlier comments that cryptocurrencies could be replaced by a central bank digital currency (CBDC), the crypto market should be regulated in accordance with existing laws. дальше »

2021-10-3 20:07


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62% Of Financial Institutions Plan To Invest In Crypto In 2022: Survey

Cryptocurrency investments are becoming more and more attractive to institutional investors who are now looking to grow their revenue long-term by moving into crypto products. A new survey by European investment firm Nickel Digital Asset Management found that 62% of institutions with no exposure to crypto will make their first investments within one year. Nickel […] дальше »

2021-10-1 00:20