Category: ICO

CBDCs Could Boost Middle East’s Financial Inclusion, Payment Efficiency But May Not Be Essential: IMF

“Specifically, in Middle East and North Africa oil exporters and the Gulf Cooperation Council countries, where financial markets are relatively more developed, the priority is making both domestic and cross-border payments more efficient, while for Middle East and North Africa oil importers, the Caucasus and Central Asia, and low-income countries, it is expanding financial inclusion.” Source

Patrick McHenry Explains FIT21's Passage

Congressman Patrick McHenry (R-N.C.) chairs the powerful House Financial Services Committee, and has been the leading Republican on the panel for years. Last year, he spent a few weeks as the Speaker Pro Tempore of the House of Representatives, after lawmakers voted to oust then-speaker Kevin McCarthy (R-Calif.). McHenry announced his retirement in December and will leave office when his term expires this coming January. He spoke virtually at Consensus 2024 in Austin at the end of May. Source

Bitcoin (BTC) Hashrate May Finally Slow as Miners Face Scorching Summer Heatwave

In fact, the hashrate has already started to come down since reaching an all-time high in March. As of June 17, it is lower by 10% to 589 EH/s, according to Hashrate Index data. Since most miners are located in the U.S., particularly in steamy Texas, companies in North America shutting down their operations will likely make a dent in the hashrate growth. “According to data from the University of Cambridge, roughly 37% of all Bitcoin mining takes place in the United States,” said Blockware. “As summer continues heating up,…

Institutional Investors Unlikely to Be Put Off by Ether (ETH) ETF’s Lack of Staking, 21Shares’ Ophelia Snyder Says

“For example, there could be months when the unstaking period is six or nine days, and that range can be so wide, it changes your liquidity requirements,” Snyder said. “And it doesn’t just jump from nine to 22 days. It actually slowly extends and if you monitor these things, there are data inputs that you can use to manage that portfolio such that you’re doing the right things in terms of maximizing returns while minimizing the probability of a liquidity issue.” Source

MicroStrategy (MSTR) Is Pioneering Bitcoin (BTC) Capital Markets, Bernstein Says

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