Day: March 28, 2021

The Fed Plans to Unveil Digital Dollar Prototypes in July

2021-03-28 By admin

The Federal Reserve is actively working on a central bank digital currency and some prototypes are near completion. The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) plan to unveil two prototypes of a digital dollar as early as July. Digital Dollar Prototypes Coming Soon Federal Reserve Chairman Jerome Powell said […]

Interest from China, Co-Mining and a Grayscale Trust Gives Filecoin’s Market Cap a Valuation Lift

2021-03-28 By admin

Over the last seven days the project filecoin, a cryptocurrency, and blockchain-based cooperative digital storage network climbed 61% in value and 493% during the last three months. Regional reports from China also show that the computer hardware giant based in Shenzhen, Xinyuan Technology Co., has invested $89 million into the filecoin mining ecosystem. Filecoin Market […]

Russian Anti-Money Laundering Body Will Monitor Crypto to Fiat Transactions, Says Official

2021-03-28 By admin

Herman Neglyad, the deputy of the Russian anti-money laundering body, Rosfinmonitoring, has said his organization will monitor cryptocurrency transactions that involve the conversion from crypto to fiat. Neglyad made this revelation during a recent meeting of the State Duma Committee on financial markets. Banks Already Cooperating According to a Russian news site, Regnum, the anti-money […]