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Texas Lawmakers Introduce Bill Proposing to Establish a Gold-Backed Digital Currency

Texas Lawmakers Introduce Bill Proposing to Establish a Gold-Backed Digital CurrencyTwo Republican lawmakers from Texas, senator Bryan Hughes and representative Mark Dorazio, have introduced legislation to create a gold-backed digital currency that could be enacted by the state legislature. The policymakers believe that this currency could greatly benefit the Lone Star State and, as an alternative digital currency, it could provide Texas residents with the […]

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OCC Chief Says Government and Academics Need To Help Set Standards for Stablecoin Regulation

OCC Chief Says Government and Academics Need To Help Set Standards for Stablecoin Regulation

The head of the Office of the Comptroller of the Currency (OCC) says that crypto firms, governments, and academics should all work together to set new standards for stablecoins. Speaking at the Artificial Intelligence and the Economy: Charting a Path for Responsible and Inclusive AI symposium, acting US Comptroller Michael Hsu says that stablecoins should […]

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Brazilian Development Bank Sets Deadline for Completion of Blockchain Network

Brazilian Development Bank Sets Deadline for Completion of Blockchain NetworkThe Brazilian Development Bank (BNDES) has partnered with the Court of Accounts of the Union (TCU), a constitutional institution of the Brazilian government, to complete the development of the Brazilian Blockchain Network. The partnership, established through a memorandum of understanding, establishes a deadline for the completion of the project, which should be finished in five […]

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