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Fed Chair Powell Provides Update on US Central Bank Digital Currency


Federal Reserve Chairman Jerome Powell has provided an update on the Fed’s central bank digital currency (CBDC) work in a hearing before the House Financial Services Committee. While stating that the Fed is “making progress on technological issues,” Powell stressed that...

Ex-Biden Adviser Said Administration Was Pushing for Digital Dollar


A recent top economic advisor for President Joe Biden, Daleep Singh, told U.S. senators on Tuesday that the administration was in active pursuit of a digital dollar as a means to crowd out private cryptocurrencies that enable ransomware and sanctions violations

Not Everyone Got To See The Last of Us Show's Big Kiss


Last night’s heartbreaking episode of The Last of Us featured a moment of hope and love where two characters kissed, cementing how they truly felt about each other. It was a key moment in the episode and was pulled directly from the source material. The kiss was also completely absent if you were...

State of Crypto: Interpreting the Paxos-Binance Tea Leaves


Remember how the U.S. Securities and Exchange Commission’s declaration of war against crypto staking was big news for like two days? This week we’re looking at the other big news from last week: Paxos and the Binance USD stablecoin it issues. The SEC has apparently alleged the sale of BUSD violates...

House Republicans Demand Answers From SEC Over FTX Co-Founder’s Arrest


On Feb. 10, 2023, Republicans Patrick McHenry of North Carolina and Bill Huizenga of Michigan, both members of the U.S. House of Representatives, sent a letter to Securities and Exchange Commission (SEC) chairman Gary Gensler seeking answers about the arrest of FTX co-founder Sam Bankman-Fried...

French Luxury Brand Hermes Wins NFT Trademark Infringement Lawsuit


French luxury brand Hermes has won a lawsuit against an artist who depicted its famous Birkin bags in a non-fungible token (NFT) collection. The artist argued that NFTs should be covered under the U.S. Constitution’s First Amendment but the jury disagreed. Hermes Wins Lawsuit Against...

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