Senator Lummis says Treasury should convert gold for Bitcoin reserve

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. This discussion should not be regarded as legal advice.Bitcoin and other crypto prices have recently been highly volatile. If you are holding bitcoin or other crypto, you may well not want to sell until…

Within 24 hours of the job posting, 45 applicants have shown interest in joining the federal government to build an in-house CBDC. 9149 Total views 91 Total shares Own this piece of history Collect this article as an NFTThe Federal Reserve Bank of San Francisco is looking for a software engineer to help develop and…

Direct exchanges between U.S. lawmakers and the crypto industry could be finally taking a constructive turn. 145 Total views 30 Total shares The biggest regulatory story of the week was a United States House Committee on Financial Services hearing squarely focused on crypto. Even the event’s title — “Digital Assets and the Future of Finance:…

The Financial Transactions and Reports Analysis Center of Canada (FINTRAC) has announced it will soon implement new anti-money laundering (AML) and counter-terrorist financing (CTF) regulations. The laws including updated guidelines for virtual currencies.In a departmental report published on March 10, FINTRAC emphasizes that the establishment of “an enhanced AML/[CTF] regime” for businesses operating with cryptocurrencies…

Neil Tan, Chair of the FinTech Association of Hong Kong, said the opening of the financial industry to digital assets was “just a natural progression." 265 Total views 2 Total shares Own this piece of history Collect this article as an NFTCrypto-friendly Hong Kong is still gung-ho about giving its citizens access to crypto trading…

NEM, one of the oldest peer-to-peer blockchain networks, has partnered with Israeli-Lithuanian telecom startup FIX Network to increase security and data protection for cell phone users and to solve the issue of SIM swapping. FIX Network will implement SYMBOL from NEM’s enterprise-grade blockchain into its existing cellular infrastructure. The goal is to secure the world's eight…

Blockdaemon gets the go-ahead for further expansion in the UAE with a new office in Abu Dhabi to boost web3 growth and push for institutional-grade adoption.

While it’s notable that some enterprises are beginning to deploy blockchain solutions this year, it’s important to point out that very few have done so. A report from Everest Group Research published in June shows that while 79% of projects have completed their pilot phases, only 7% have been deployed to production in 2020.That being…