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Digital Dollar: Republicans Demands ‘Urgent Response’ From Fed

Digital Dollar: Republicans Demands 'Urgent Response' From Fed

Rep. Patrick McHenry and other members of the House Financial Services Committee wrote a letter to Fed Vice Chairwoman Lael Brainard asking for more information on Digital Dollar. U.S. A top Federal Reserve official is being asked by Republican lawmakers to explain how the central bank sees its power to issue a digital dollar. Rep. […]

Binance to Issue Tokens to Users Who Complete KYC Checks

Binance to Issue Tokens to Users Who Complete KYC Checks

With the tokens, people will be able to join building projects on the BNB chain after they have successfully completed their KYC checks. A public announcement says that the cryptocurrency exchange Binance plans to give all users who meet “know-your-customer” (KYC) requirements a “soulbound” token on the BNB blockchain. Soulbound tokens, which in this case […]

South Korea imprisons Bitcoin-powered Darkweb drug dealers

Following a flurry of arrests earlier this month, South Korean courts have sentenced drug dealers who used darkweb portals to distribute drugs for bitcoin (BTC) to jail time and suspended sentences. Over 200 people have been detained as a result of two separate operations, one in the capital Seoul and the other in the North […]

Japanese NFTs recognize local governments’ work

Seven mayors got NFT honors for easing the public’s life in their localities The Japanese government was one of the first to distribute nonfungible tokens (NFTs) as an additional reward for local authorities who had demonstrated excellence in utilizing digital technology to address local problems. During the “Summer Digi Denkoshien 2022” ceremony, the awards were […]

5 cryptocurrencies that may succeed despite market conditions

During the recent market crisis, some cryptocurrencies showed resilience and upward potential. The present crypto market has made many investors lose hope in blockchain projects, but here are 5 that could set all-time highs. Cryptos with high potential Tamadoge In the fascinating new NFT cryptocurrency game Tamadoge , players may earn rewards while caring for […]