Several reports involving cryptos and a possible U.S. CBDC were released this past week. But the reports themselves, and much of the media attention surrounding them, failed to get at the core issue.
Tag: cryptos
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BITCOIN GETS BANK BOOST IN GERMANY
Several moves in Germany spell good news for bitcoin adoption and investment. Via a new platform called wpNex offered by securities processing giant Deutsche WertpapierService Bank AG (dwpbank), some 1,200 German banks will be able to offer bitcoin to retail customers.
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LARRY FINK ON CRYPTOS, THE BANKING CRISIS AND DE-GLOBALIZATION
Gerald Celente named “Self-Sufficient Economies” as a de-globalization related Top Trend in November of 2021.
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NASDAQ SET TO BECOME A CRYPTO CUSTODY PROVIDER
Nasdaq is currently working out regulatory clearances in order to offer crypto custody services. That’s according to a 24 March Bloomberg report.
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FEDNOW FURTHERING GOVERNMENT CBDC AND DIGITAL PAYMENTS GOALS
The fast approaching FedNow instant payments system serves two goals.
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BLOCKCHAIN BATTLES
Rep. Maxine Waters (D-CA), ranking member of the the House Committee on Financial Services, told Yahoo Finance that legislation regulating stablecoins could be passed in a matter of days, when Congress reconvenes this month.
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MICROSOFT TESTING NATIVE CRYPTO WALLET FOR EDGE BROWSER
Microsoft may be seeking a new crypto “edge” for its web browser.
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WILL FEDNOW INSTANT PAYMENTS EASE FINANCIAL SYSTEM OR SPEED ITS CRASH?
The Federal Reserve announced that their beta FedNow instant payments system will go fully public in July.
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BLOCKCHAIN BATTLES
Both Silicon Valley Bank (SVB) and Signature Bank had direct impacts on the crypto sector. The Circle owned USDC stablecoin had deposits and used services from both banks.
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NAKADOLLAR, A BITCOIN CALIBRATED STABLECOIN
If the SEC is trying to cut banks out of holding cryptos (which is more abundantly clear than ever), maybe it's time for crypto to cut crypto out of banks.