# Fed Governor Waller praises stablecoins as a genuine innovation that makes the development of CBDCs redundant

# Fed Governor Waller praises stablecoins as a genuine innovation that makes the development of CBDCs redundant

“# Fed Governor Waller praises stablecoins as a genuine innovation that makes the development of CBDCs redundant ” In a speech published Wednesday noon, Federal Reserve Governor Christopher J. Waller reiterated his skepticism for implementing a central bank digital currency, or CBDC, in the United States. However, Waller is not an ordinary cryptocurrency skeptic, as…

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# Infrastructure bill can still be remedied: DeFi dev-turned Congress candidate

# Infrastructure bill can still be remedied: DeFi dev-turned Congress candidate

“# Infrastructure bill can still be remedied: DeFi dev-turned Congress candidate ” The controversial U.S. infrastructure bill was signed into law by President Joe Biden this morning, with the legislation passing without amendments made to the broad provisions that could impose stringent reporting requirements on crypto network validators and software developers. However, DeFi strategist-turned Democratic…

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# US Treasury report says stablecoin legislation is ‘urgently needed’ to address risks

# US Treasury report says stablecoin legislation is ‘urgently needed’ to address risks

“# US Treasury report says stablecoin legislation is ‘urgently needed’ to address risks ” The President’s Working Group on Financial Markets, or PWG, has released a report suggesting that stablecoin issuers in the United States should be subject to “appropriate federal oversight” akin to that of banks. A Nov. 1 U.S. Treasury report from the group…

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# Bitcoin futures ETFs: Good, but not quite there

# Bitcoin futures ETFs: Good, but not quite there

“# Bitcoin futures ETFs: Good, but not quite there ” The odds of the United States Securities and Exchange Commission (SEC) approving a Bitcoin (BTC) exchange-traded fund (ETF) before a physical Bitcoin ETF are higher than ever, courtesy of Chairman Gary Gensler’s now oft-repeated preference for the former. But here’s the issue: an ETF built…

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