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CBDC activity heats up, but few projects move beyond pilot stage

by Cointelegraph By Andrew Singern | May 16, 2022 | CBDC, Central Bank, Cryptocurrencies, Government, Law, Stablecoin, Technology, Tokens

Does government-issued digital money pose an existential threat to cryptocurrencies? Probably not, but stablecoin usage could narrow.

Welcome to Mars: I own everything, have total privacy and life has never been better

by Cointelegraph By Andrew Levine | May 15, 2022 | Cryptocurrencies, Decentralization, Government, Smart Contracts, Technology

While people on Earth are still expecting decentralized tech mass adoption, for people on Mars decentralization is the only way to organize their, well, everything.

CFTC commissioner appoints senior policy adviser experienced in digital asset regulation

by Cointelegraph By Turner Wrightn | May 13, 2022 | CFTC, Credit Suisse, Government, Policies, Regulation, United States

Keaghan Ames worked at Credit Suisse for more than two years as vice president and head of U.S. regulatory policy, which included advising executives on digital assets regulation.

US Senate confirms Jerome Powell for another four years as Fed chair

by Cointelegraph By Turner Wrightn | May 12, 2022 | Federal Reserve, Government, Jerome Powell, Regulation, United States

In a 80–19 vote in the Senate, U.S. lawmakers confirmed Jerome Powell as the next chair of the Federal Reserve System, where he will also serve as a board member until 2028.

Germany outlines favorable tax guidelines, gains on BTC and ETH sold after a year tax-free

by CoinTelegraph By Gareth Jenkinson | May 12, 2022 | Bitcoin Regulation, Cryptocurrencies, Germany, Government, Investments, Taxes, Technology

Germany’s Finance Ministry has released new cryptocurrency tax guidelines with no tax payable on gains from BTC and ETH sold 12 months after acquisition.

Stablecoins’ recent de-pegging is not a ‘real threat to financial stability,’ says Janet Yellen

by Cointelegraph By Turner Wrightn | May 12, 2022 | Government, Regulation, Stablecoin, Terra, Tether, United States

Terra's UST dropped as low as $0.29 and Tether's USDT stablecoin briefly de-pegged from the dollar to hit $0.96 on Wednesday.
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