CFPB proposes crypto firms refund users for funds lost to hacks
A proposed CFPB rule could allow crypto users to have protections similar to those of US bank account holders by considering the definition of “funds.”
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US Lawmakers to Visit Switzerland to Discuss Crypto, Facebook’s Libra
A delegation of the United States House of Representatives will visit Switzerland on cryptocurrency concerns, with Facebook’s not-yet-released stablecoin Libra being in the focus.As local weekly news outlet NZZ am Sonntag reported on Aug. 17, a six-member delegation from the House Financial Services Committee is going to meet with Swiss Federal Data Protection and Information…
Bitcoin price holds key support level as focus shifts back to $12,000
As the price of Bitcoin (BTC) showed weakness in the past week, the crucial support zone around $11,200, nevertheless, held. Several arguments were given for the volatility throughout the week with Powell’s speech at Jackson Hole and the expiration of futures and options occurring over the past few days.But more importantly, the crucial support level…
Australian CBDC could be useful for payments, tokenization, says RBA
The RBA has wrapped up its CBDC pilot program and outlined four key areas that could be improved by the introduction of central bank-issued digital currency. 268 Total views 6 Total shares Australia's central bank has completed it's pilot of a central bank digital currency (CBDC) exploring use cases for a potential e-AUD, finding its…
Singapore’s DBS Bank launches digital bond security token
Institutional or accredited investors signed up to the DBS Digital Exchange will be able to access secondary markets for DBS’s digital bond. 1677 Total views 4 Total shares Singapore-based multinational banking corporation, DBS Bank, has launched its first-ever security token offering, or STO, by issuing a digital bond.The DBS digital bond has been priced at…
Chainlink’s tokenization sandbox cuts trials to days instead of months
The sandbox could lead to more financial institutions adopting asset tokenization solutions.
Texas wants to protect privacy elements of blockchain companies, says Blockcap
According to Darin Feinstein, the Chinese government isn't helping to protect the private property of its crypto miners. 5400 Total views 23 Total shares Crypto mining company Blockcap, which recently announced it would be setting up new offices in Austin, said Texas could become an alluring region for the industry.In an exclusive interview with Cointelegraph,…
IMF staff propose REDI framework to catalyze CBDC adoption
IMF staff members introduced a high-level four stage framework, emphasizing regulation, education, design, and incentives to enhance CBDC adoption.
BTC price now has support above $40K as data shows Bitcoin ‘redistribution event’
Bitcoin (BTC) is "looking pretty good" as the week progresses as bulls line up challenges for several significant resistance levels.In an update to Telegram subscribers on Mar. 2, Filbfilb, an analyst at trading suite Decentrader, joined increasingly bullish sentiment around the outlook for BTC/USD.Trader focuses on levels above $40,000After surprising the market with a breakout…