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Federal Reserve Chairman Jerome Powell has provided an update on the Fed’s central bank digital currency (CBDC) work in a hearing before the House Financial Services Committee. While stating that the Fed is “making progress on technological issues,” Powell stressed that “policy issues are equally important.” Fed Chair Powell on CBDC
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Core ethereum (ETH) developers have launched a new software feature called EntryPoint that allows wallet accounts to function as smart contracts. The new feature aims to bring so-called “account abstraction.” Crypto account abstraction is a mechanism that enables wallets to handle complex tasks automatically without requiring users to interact with the
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Cointelegraph Markets Pro is an all-in-one institutional-grade crypto market intelligence platform offering traders of all backgrounds real-time alerts for potential price movements before they occur. The Cointelegraph Markets Pro platform was created with the aim to narrow the divide between institutional and retail investors. Its proprietary tools, like the Newsquakes™ indicator,
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The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Original Source
Read MoreThe Information Commissioner’s Office (ICO) published a statement on 20 January 2023 about the obligations of public electronic communications service providers (CSPs) under Regulation 5A of the Privacy and Electronic Communications Regulations 2003 (PECR). Following feedback received, the ICO removed
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Amid the ubiquitous rally in the crypto market, multiple crypto assets including MATIC have climbed higher highs, thriving to reach their peak and beyond. While the catalyst behind the rally might be unclear, Polygon’s (MATIC) bullish trend could be a part of its upcoming zkEVM Network update. As the launch
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Sweeping Crypto Regulation? First Update the Bank Secrecy Act Source
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[1] As of Dec. 15, 2022, the CryptoX Digital Asset Classification Standard (DACS) was updated, and the definition of “currency” changed. However, the CryptoX Market Index (CMI) Family will reflect the changes as of the January reconstitution in accordance with its standard methodology. Source
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Online game creation system Roblox recently reported that its shares closed substantially lower following a weak November report update.Roblox Corp (NYSE: RBLX) saw its shares fall by more than 15% on Thursday’s close, following a disappointing November update. The company’s November business update, which showed slowing growth, suffered a negative impact from
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Cryptocurrency exchange Bybit has announced upcoming changes to its know-your-customer (KYC) policy that will limit certain operations for unverified customers. The stricter requirements concern coin purchases with fiat money, NFT transactions, and withdrawal limits. Bybit to Limit Services for Traders Who Have Not Passed Identity Verification Crypto exchange Bybit will restrict
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