# 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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# Coinbase invests in US-based mining firm amid industry diversification efforts

# Coinbase invests in US-based mining firm amid industry diversification efforts

“# Coinbase invests in US-based mining firm amid industry diversification efforts ” Coinbase Ventures, the investment arm of the major crypto exchange, has invested an undisclosed amount into Titan, a developer of software and services targeted at industrial Bitcoin (BTC) mining. According to Titan’s announcement, the investment will help continue development of the company’s products…

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