The Bank of Canada has announced a strategic shift away from developing a retail Central Bank Digital Currency (CBDC) to focus on broader payments system research and policy development. This decision follows a public consultation in 2023, which revealed significant privacy concerns among Canadians. While the central bank remains open to revisiting the idea of
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Republicans urge SEC to drop SAB 121 crypto accounting rule
The GOP`s push against the SEC`s crypto rule highlights ongoing tensions over regulatory approaches, potentially impacting future crypto policies. The post Republicans urge SEC to drop SAB 121 crypto accounting rule appeared first on Crypto Briefing . Bitcoin.com
Crypto Products See $321,000,000 in Institutional Capital During Second Consecutive Week of Inflows: CoinShares
Digital assets manager CoinShares says that institutional crypto investors poured hundreds of millions in capital into digital asset products last week after the Fed’s announced rate cut. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment products saw a surge in inflows to the tune of $321 million following Fed chair The post Crypto Products See $321,000,000 in Institutional Capital During Second Consecutive Week of Inflows: CoinShares appeared first on The Daily Hodl . Bitcoin.com