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CBDC Likely, But Not With Blockchain Says Former Boston Fed President

Source Node: https://beincrypto.com/cbdc-likely-not-blockchain-former-boston-fed-president/
Time Stamp: October 18, 2021 1:40 AM - Modified On: October 18, 2021 - Published By:
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Republished By Plato

Eric Rosengren, former President of the Federal Reserve Bank of Boston made a public statement making the concept of a central bank digital currency (CBDC) for the USA a little more clear. However, be believes that blockchain will not be involved.Sponsored Sponsored In Rosengren’s comments on the potential of a US CBDC, he suggests that it will exist in the future. He also said because it would require an agreement between the White House, Congress, and the Fed, that it could take a long time. Interestingly, Rosengren clarifies that a

Why investors are not entirely sold on investing in a Bitcoin futures ETF

Source Node: https://ambcrypto.com/why-investors-are-not-entirely-sold-on-investing-in-a-bitcoin-etf/
Time Stamp: October 17, 2021 7:30 PM - Modified On: October 17, 2021 - Published By:
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Republished By Plato

With two Bitcoin futures ETFs set to make market debut, let’s dive deep into the cost associated with owning these contracts. ProShares Bitcoin futures ETF is reportedly set to go live on 18 October, likely followed by Invesco’s ETF on the next day on 19 October.  We know that there are additional costs associated with an ETF. Apart from a brokerage commission, analysts are anticipating a higher expense ratio with these traded funds. As the filing by ProShares marks an annual operating expense of 0.95%, an investor will essentially spend

How Binance Helps Legal Authorities Take Down Cybercriminals Laundering Illicit Funds

Source Node: https://news.bitcoin.com/how-binance-helps-legal-authorities-take-down-cybercriminals-laundering-illicit-funds/
Time Stamp: September 30, 2021 9:00 AM - Modified On: September 30, 2021 - Published By:
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Republished By Plato

sponsored According to the latest UN statistics, global money laundering transactions reach up to $2 trillion a year. A small fraction of that huge amount passes through the digital assets ecosystem, and responsible actors in it are working to bring that down even more. As the world’s leading cryptocurrency exchange, Binance has especially taken it upon itself to protect the safety and security of the virtual finance world. Here is how it helps legal authorities to take down cybercriminals laundering money. Busting the $500 Million FANCYCAT Ring In June 2021,

Web23 and NexBLOC using Butterfly Protocol for Creating a Blockchain Naming System on the Cardano Blockchain Platform

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Time Stamp: September 28, 2021 11:07 AM - Modified On: September 28, 2021 - Published By:
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Republished By Plato

The Blockchain Domain Registry System will focus on enabling the Cardano community to maximize the use of blockchain domains British Virgin Islands Web23 Inc., a USA company, and NexBLOC, a British Virgin Islands company, are partnering to develop a blockchain-based naming system that runs natively on the Cardano blockchain platform. The initiative continues the move of the Butterfly Protocol onto numerous blockchains to ensure that those communities have the tools needed for full decentralized internet optimization. The Butterfly Protocol was originally created using the Ethereum blockchain and continues to provide