# BIS optimistic about central bank digital currencies

# BIS optimistic about central bank digital currencies

“# BIS optimistic about central bank digital currencies ” The Bank for International Settlements (BIS) has reaffirmed its support for central bank digital currencies (CBDCs). In a report titled “CBDCs: an opportunity for the monetary system,” BIS researchers argued that sovereign digital currencies offered “the unique advantages of central bank money.” According to the report,…

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# Goldman Sachs reportedly started trading on JPMorgan’s repo blockchain

# Goldman Sachs reportedly started trading on JPMorgan’s repo blockchain

“# Goldman Sachs reportedly started trading on JPMorgan’s repo blockchain ” After six months of eyeing JPMorgan Chase’s custom blockchain service for repo markets, Goldman Sachs has started trading on the platform.  Mathew McDermott, global head of digital assets for Goldman Sachs’ global markets division, confirmed the first transaction dated June 17 in an interview,…

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# US miner raises 5M to recycle waste coal into crypto

# US miner raises $105M to recycle waste coal into crypto

“# US miner raises $105M to recycle waste coal into crypto ” The Pennsylvania-based Stronghold Digital Mining has announced the completion of two private equity securities raises worth $105 million. According to an announcement shared with Cointelegraph, the firm’s first power generation facility, the Scrubgrass Generation Plant in Venango County, converts waste coal into energy…

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# Institutional exchange launches crypto debit card

# Institutional exchange launches crypto debit card

“# Institutional exchange launches crypto debit card ” Intercontinental Exchange subsidiary Bakkt has introduced a debit card allowing customers to use crypto for retail purchases. In a Tuesday announcement, Bakkt said it had launched a fully virtual Visa debit card for both online and in-store spending. Card holders can spend Bitcoin (BTC) from their Bakkt…

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