[ad_2][ad_1] Although most central banks are reluctant to turn to blockchain technology, important institutions like the Federal Reserve of the United States should understand the implications of these distributed register technologies and how to adapt to them, the economist Eswar Prasad discussed in a Financial Times article of January 1, …
Read More »Hashtag Trending – Verified.Me launch, blockchain consolidation, federal regulation
[ad_2][ad_1] A national digital identity service based on blockchain will be launched in Canada. SecureKey's Verfied.Me service had to be launched by the end of this year, so it's late. But it is making announcements with major Canadian financial institutions and technology companies as it increases to provide a reliable …
Read More »Hashtag Trending – Verified.Me launch, blockchain consolidation, federal regulation
[ad_2][ad_1] A national digital identity service based on blockchain will be launched in Canada. SecureKey's Verfied.Me service had to be launched by the end of this year, so it's late. But it is making announcements with major Canadian financial institutions and technology companies as it increases to provide a reliable …
Read More »The US Federal Reserve is not planning to launch its own cryptocurrency
[ad_2][ad_1] / Ultima / 2018/12 / us-federal-reserve-is-not-planning-to-launch-its-own-cryptocurrency / Aleksander Berentsen, a researcher at the Federal Reserve Bank of St. Louis, and his colleague, Fabian Schar, wrote an article in which they recognized that it is easy for central banks to create their own cryptocurrency. "However, the key features of cryptocurrencies …
Read More »Do not say anything else about FedCoin, the US Federal Reserve has no interest in national cryptography
[ad_2][ad_1] The Federal Reserve of the United States, commonly known as the Fed, has lost its interest in the idea of national cryptocurrencies. With the value of Bitcoin skyrocketing last year, blockchain looked like the future, but in reality it was much more clamor than anything else, so now the …
Read More »The Federal Reserve Could Launch at 'FedCoin'- But There's Really No Point
[ad_2][ad_1] It seems as if the Federal Reserve really understands the core values of Bitcoin and that launching a national cryptocurrency is pointless. Director of the IMF Christine Lagarde spoke out about the benefits of central bank digital currencies (CBDCs) this November. She said that they could improve security and …
Read More »The United States federal government studies the blockchain for humanitarian aid
[ad_1] The US Defense Defense Agency (DLA), part of the Department of Defense (DoD), is beginning to evaluate how the blockchain could facilitate assistance in disaster-stricken areas. The Continuous Improvement (CPI) office of support for DLA troops hosted discussions on how the blockchain could affect relief efforts. The responses to …
Read More »The Federal Reserve is not convinced of a national cryptocurrency
[ad_2][ad_1] Just last month at the Singapore Fintech Festival, the director of the International Monetary Fund (IMF), Christine Lagarde, was vouching for the digital currencies of the central bank (CBDC). He explained the various benefits present in the CBDCs as financial inclusion, security and privacy. He also touched on the …
Read More »The Federal Reserve says that a national cryptocurrency is a bad idea – Quartz
[ad_2][ad_1] Christine Lagarde, director of the International Monetary Fund, presented the case for the digital currencies of the central bank (CBDC) at the Singapore Fintech Festival in November. The CBDCs, he suggested, could improve financial inclusion, security and privacy. Lagarde has also touched on cryptocurrencies, explaining that bitcoin and its …
Read More »Technology giants like Google and PayPal look to the Federal Reserve for faster payments – Quartz
[ad_2][ad_1] A funny thing happened on the bitcoin road in place of the legal currencies. The speculative crypto-mania has collapsed (again) this year and the original stateless digital token has lost 70% of its value. And then the technology companies massaged salt in the crypto bros wounds by appealing to …
Read More »