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US Lawmakers Say Any Digital Dollar Must Be Open, Permissionless, and Private

US Lawmakers Say Any Digital Dollar Must Be Open, Permissionless, and PrivateNine U.S. lawmakers have raised concerns regarding the U.S. central bank digital currency project led by the Federal Reserve Bank of Boston. The lawmakers stressed: “Any U.S. CBDC must be open, permissionless, and private.” Congressmen Say Any US CBDC Must Be Open, Permissionless, and Private U.S. Congressman Tom Emmer (R-MN) announced Thursday that he has […]

BTC and ETH ETFs Post Positive Inflows Despite GBTC, ETHE Losses

‘Atomic Settlement’ — New York Fed Completes First Phase of Digital Dollar Experiment Called ‘Project Cedar’

‘Atomic Settlement’ — New York Fed Completes First Phase of Digital Dollar Experiment Called ‘Project Cedar’The Federal Reserve Bank of New York has published findings stemming from an experiment dubbed “Project Cedar,” a protocol that uses a wholesale digital dollar in order to improve financial transactions. Michelle Neal, head of the bank’s Markets Group remarked on Friday that the research “indicated that settlement could occur in fewer than 10 seconds […]

BTC and ETH ETFs Post Positive Inflows Despite GBTC, ETHE Losses

Federal Reserve Bank of Boston and MIT Release Central Bank Digital Currency Research and Open-Source Code

Federal Reserve Bank of Boston and MIT Release Central Bank Digital Currency Research and Open-Source CodeThe Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) have jointly published the initial findings of their central bank digital currency (CBDC) research. They also published the open-source code for the CBDC project. Boston Fed and MIT Publish Initial Findings of Their CBDC Research The Federal Reserve Bank of Boston and […]

BTC and ETH ETFs Post Positive Inflows Despite GBTC, ETHE Losses

Boston Fed President Says the ‘Exponential Growth’ of Stablecoins Could ‘Disrupt’ Money Markets

Boston Fed President Says the ‘Exponential Growth’ of Stablecoins Could ‘Disrupt’ Money MarketsBoston Federal Reserve president Eric Rosengren discussed stablecoins in a recent presentation on June 25. Rosengren stressed that stablecoins could be a “disruptor” to prime money market funds and the Boston Fed president remarked that the exponential growth of stablecoins is concerning. Rosengren: ‘We Should Be a Bit Concerned About Stablecoin Markets Growing Very Rapidly’ […]

BTC and ETH ETFs Post Positive Inflows Despite GBTC, ETHE Losses