# US Fed: CBDC a ‘very high priority’ to combat bad private sector money

# US Fed: CBDC a ‘very high priority’ to combat bad private sector money

“# US Fed: CBDC a ‘very high priority’ to combat bad private sector money ” Cryptocurrency stablecoins could become systemically important overnight, says United States Federal Reserve Chairman Jerome Powell, and that’s why the Fed is determined to get its own central bank digital currency right. CBDCs are the banking industry’s answer to cryptocurrency stablecoins….

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# Dacxi joins self-regulating trade group CryptoUK as executive member

# Dacxi joins self-regulating trade group CryptoUK as executive member

“# Dacxi joins self-regulating trade group CryptoUK as executive member ” Digital asset exchange Dacxi is joining CryptoUK, a self-regulatory trade association for the U.K. cryptocurrency industry. According to an announcement from CryptoUK today, Dacxi will be joining the group as its 8th executive member alongside exchanges Binance.UK, Coinbase, CryptoCompare, Electroneum, eToro, Ripple and Simmons…

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# Treasury backs down: Crypto monitoring rule will wait until new administration

# Treasury backs down: Crypto monitoring rule will wait until new administration

“# Treasury backs down: Crypto monitoring rule will wait until new administration ” In response to a deluge of comments, the United States Treasury Department’s Anti-Money Laundering office is slowing its roll on a rushed proposal to monitor a whole new range of cryptocurrency transactions. On Thursday, the Treasury’s Financial Crimes Enforcement Network, or FinCEN,…

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