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Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing – Finance Bitcoin News

The Central Bank of Russia has emphasized the importance of moving forward with its digital ruble project. According to a statement by a top representative, the monetary authority has no intention to delay the trials despite not all invited banks being ready to participate yet. Bank of Russia to Experiment With

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Satoshi may have needed an alias, but can we say the same? – Cointelegraph Magazine

To doxx (oneself) or not to doxx? That is a question faced by many operating in the cryptocurrency and blockchain space, including developers, influencers, and investors. Does one use one’s own name when venturing into the often chaotic and largely unregulated crypto world — or don an alias?Consider Embrik Børresen,

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Algorand Looks to Prove Why Algoracle Is Needed in the Contemporary Blockchain and Crypto Sector – Press release Bitcoin News

press release PRESS RELEASE. As the complexity of current dApps (decentralized applications) on Algorand grows, so must the infrastructure, notably oracles, to enable significantly higher and better feature sets. In the Algorand ecosystem, Algoracle’s opinions on off-chain computing are therefore worth discussing in key detail. What is it exactly? Since smart contracts

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Ethereum price breaks through $3K, but analysts warn that a retest is needed

The cryptocurrency market continues to forge ahead on March 23 despite facing headwinds on multiple fronts. At the moment, global conflict, rising inflation and widespread economic uncertainty are taking a toll on financial markets and helping to highlight the need for a diversified investmen portfolio. Altcoins have managed to gain some

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Scalability or stability? Solana network outages show work still needed

Solana is a highly scalable decentralized blockchain developed with a unique method of ordering transactions that significantly improves its transaction throughput, to the point that it has consistently been processing over 2,500 transactions per second. It claims to be able to process 50,000 transactions per second.The power of Solana’s cheap transactions

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Why a securities specific blockchain is needed, explained

A successful securities-specific blockchain fills all gaps in the current Ethereum architecture by providing efficiency, automation and transparency. Aligning a functioning blockchain with the needs of modern capital markets will require solutions to governance, identity, compliance, confidentiality and settlement. To address these gaps, Polymath has spearheaded the creation of

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Singapore’s Central Bank Is Laying the Foundations for a CBDC It Doesn’t Think Is Needed: Report

The Monetary Authority of Singapore (MAS) is laying the technological foundations for a central bank digital currency (CBDC) in case it decides to issue one, Managing Director Ravi Menon said at the Singapore Fintech Festival.However, the case for a retail CBDC is not urgent, Menon said, according to a report

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More crypto regulation is needed

In remarks given at the American Fintech Council’s 2021 Policy Summit, acting Comptroller of the Currency Michael J. Hsu called for greater regulation of universal crypto firms.“Large, universal crypto firms—especially issuers of highly-circulated stablecoins—should embrace comprehensive, consolidated supervision. At the same time, federal and state bank regulators should prioritize the

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US Treasury report says stablecoin legislation is ‘urgently needed’ to address risks

The President’s Working Group on Financial Markets, or PWG, has released a report suggesting that stablecoin issuers in the United States should be subject to “appropriate federal oversight” akin to that of banks.A Nov. 1 U.S. Treasury report from the group with the Office of the Comptroller of the Currency and

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