US Federal Reserve (Fed) Chairperson Jerome Powell has urged for better regulation of cryptocurrencies, claiming that the industry’s shakeout did not create broader financial turbulence. Global interest rate rises highlighted “major structural flaws in the DeFi ecosystem,” Powell said on Tuesday at a panel discussion on digital finance organized by the Banque de France. “I […]
About: FBustos
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Fed Chairperson States That There is a “Real Need” For Cryptocurrency Regulation
Date: Story By: Fábian Bustos -
News
Russia Expected To Launch Its Own CBDC, Concentrating on Mutual Agreements With China
Date: Story By: Fábian BustosA senior Russian senator said on Monday that after establishing a digital rouble early next year, Russia intends to utilize the currency in mutual settlements with China as it strives to diminish Washington’s global financial hegemony. Russia, like many other nations, has been adopting virtual currency in recent years in order to modernize its financial […]
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Robinhood Picks Polygon To Launch Web3 Wallet Beta
Date: Story By: Fábian BustosToday, the popular online “Robinhood” announced that it closed a deal with Polygon as the first blockchain to support Robinhood’s new Web3 wallet. The Robinhood Wallet beta is now available to 10,000 iOS consumers, who were among the more than one million who signed up for the queue in May. Polygon and Robinhood are collaborating […]
