SWIFT will leverage Chainlink’s CCIP protocol that allows for token transfers across multiple blockchain platforms.
As per details, the Australian central bank will be using the Ethereum blockchain network to conduct the pilot test.
Fed Chairman Jerome Powell as the scope of DeFi expands, they would need to work on proper regulatory measures to avoid any major contrast with the traditional financial system.
The Vasil harder brings significant improvements to the Cardano blockchain in terms of network efficiency and scalability.
The draft bill mandates the study of algorithmic stablecoins by some of the top federal agencies like the SEC and the Federal Reserve.
The judge asked Tether to produce documents involving “general ledgers, balance sheets, income statements, cash-flow statements, and profit and loss statements”.
The U.S. SEC said that since the U.S. control over 46% of the total ETH nodes, it can have jurisdictional right over the entire Ethereum blockchain.
Bitcoin and the broader cryptocurrency market has witnessed a sharp fall in the last 24 hours as Fed will be announcing an interest rate hike ahead this week.
Gary Genselr added that crypto exchange that allow its users to “stake” their digital assets will have to undergo the Howey test for securities.
The Ethereum Merge will reduce the network’s energy consumption by a staggering 99%.