Month: August 2021

Bank of Ghana Urged to Resist Developing a CBDC Based on ‘Old Traditional Siloed Financial Thinking’

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A Ghanaian blockchain and crypto association, Afroblocks, has warned the Bank of Ghana (BOG) to resist the urge to develop a central bank digital currency (CBDC) that is based on the “old traditional siloed financial thinking.” Afroblocks Not Consulted Afroblocks (formerly Blockchain Society Ghana) instead wants the central bank to emulate “financial projects that are … Read more

NuGenesis Comprehensive 2-part Review of proposed amendment of the Federal Reserve Act (Part 1)

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The “Digital Asset Market Structure and Investor Protection Bill” makes a comprehensive regulation of the crypto industry.  It is inevitable.  There is much to complain about.  However, what it does signal is that distributed ledger technology has come of age.  It is no longer the domain of geeks, anarchists or those thumbing their nose to … Read more

Venezuelan Buys Apartment Using Tether as Real Estate Market Warms Up to Crypto

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A Venezuelan individual has reportedly purchased an apartment using cryptocurrency, specifically Tether, in the coastal state of Anzoategui last month. This is one of the first purchases of real estate with crypto that has been recorded in the country, but more properties are listed as accepting cryptocurrencies as a payment option in several real estate … Read more

Former Zcash Developer to Lead Twitter’s Decentralized Social Media Project Bluesky

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On December 11, 2019, the CEO of Twitter announced the company was funding a project aimed at creating a decentralized social media standard. Jack Dorsey said that the ultimate goal of the project dubbed “Bluesky” is for Twitter to be a client of the standard. A year and eight months later, Bluesky announced that a … Read more

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