Thursday, March 28, 2024
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US wholesale CBDC has ‘promise,’ Fed governor says, but retail ‘difficult to imagine’

United States Federal Reserve Board governor Michelle Bowman spoke at Georgetown University on April 18 to “offer a perspective” on central bank digital currency (CBDC). The Fed plays an important role in the conversation about CBDC, Bowman said. Her examination of the problems a CBDC might solve and the design

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EU Parliament’s Smart Contract Plans Limit Standard-Setting Promise, EU Commissioner Says

“We need to harmonize basic requirements for these smart contracts” to ensure interoperability, legal certainty and large scale deployment, said Breton, the commission’s lead official responsible for internal market laws, including for the digital sector. “When we made this proposal we intended to mandate standardization organizations to develop these.” Source

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BTC Institutional Investor Forecast for 2023, Musk Makes McDonald’s Promise Again, Kiyosaki Says ‘We Are in Global Recession’ and More — Week in Review – The Weekly Bitcoin News

As the first month of the new year is behind us, things continue to heat up on the world stage in regard to crypto price predictions, social media hype surrounding meme coins like dogecoin, warnings of macroeconomic peril, and more and more political powers attempting to control permissionless cryptocurrencies via

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Proof-of-Reserves Concept Gains Traction as Major Crypto Exchanges Provide Wallet Lists and Promise Full Audits – Exchanges Bitcoin News

When it was first discovered that FTX might be insolvent, a large slew of crypto exchange executives said that they aimed to provide proof-of-reserves audits. While exchanges like Binance and Crypto.com have provided wallet addresses tied to company wallets, blockchain analytics firm Nansen has detailed the company is in the

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Smart contract-enabled insurance holds promise, but can it be scaled?

A new insurance world is coming where smart contracts replace insurance documents, blockchain “oracles” supplant claim adjusters, and decentralized autonomous organizations (DAOs) take over traditional insurance carriers. Millions of poor farmers in Africa and Asia will be eligible for coverages like crop insurance too, whereas before, they were too poor

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