Digital ruble could be still vulnerable to fraud, Russian banks warn
The Association of Russian Banks is worried about regulators being unable to track illicit transactions of an offline-enabled digital ruble. Go to Source Powered by WPeMatico
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US Navy awards $1.5M jet fighter contract to blockchain project
SIMBA Chain has been tapped to beef up the supply chain of the United States Navy after receiving a $1.5 million research grant. Go to Source Powered by WPeMatico
OCC’s Brian Brooks thinks that DeFi can root out bias and fraud in traditional banking
Brooks is optimistic that regulators will find it easier to work with algorithms than with bankers. Go to Source Powered by WPeMatico
Hedera Hashgraph presents e-Apostille PoC to Texas Secretary of State
There is no indication that anyone requested such a proof-of-concept, however. Go to Source Powered by WPeMatico
Following Brexit, the UK asks crypto industry about rules for cross-border stablecoins
In addition to trying to define stablecoins, the UK is looking to establish how close it wants its crypto laws to be to other countries. Go to Source Powered by WPeMatico
FinCEN’s wallet rule is open for another day of comments because ‘government officials can’t count to 15’
The website accepting comments on the proposed FinCEN rule shows crypto users have until Jan. 7, not Jan. 4 as the regulator claimed. Go to Source Powered by WPeMatico
States sue the OCC and Brian Brooks for overriding their controls on predatory lending
More state regulators are gunning for the OCC and Brian Brooks, this time over usury laws and predatory lending. Go to Source Powered by WPeMatico
OCC greenlights national banks to run nodes and stablecoin networks
The latest from the Treasury’s most crypto-forward office says that national banks don’t have to fear stablecoin nodes. Go to Source Powered by WPeMatico
With 6 hours left, Treasury logs almost 6000 comments on crypto monitoring proposal
It looks like crypto stakeholders turned out in force, despite the Treasury’s best efforts to evade scrutiny. Go to Source Powered by WPeMatico
Congresspeople chastise the Treasury for rushing new crypto monitoring proposal
As many in the crypto industry have said, 15 days over the holidays is just not enough time to respond. Go to Source Powered by WPeMatico