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84 PBOC Digital Currency Patents Show the Extent of China’s Digital Yuan

</header> <strong>The People’s Bank of China (PBOC) has reportedly filed 84 patents relating to its plans to launch a digital currency. The patents reveal the central bank’s plans which include integrating digital currency wallets into existing retail bank accounts. The potential for the Chinese central bank digital currency to achieve scale from the get-go has …

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After Math: Stunning figures

Sponsored Links Maxiphoto via Getty Images The news just wouldn’t stop dropping this week. First, Parasite absolutely dominated the Oscars, everyone was convinced Bill Gates bought a hydrogen-powered mega-yacht for a hot second (surprise, he didn’t), Israeli Prime Minister Benjamin Netanyahu’s political party left the entirety of its voter rolls — millions of records — …

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Bloomberg: India may soon make controversial social media rules official

Sponsored Links Chinnapong via Getty Images The Indian government might soon publish a set of controversial rules that could give it access to the identities of social networking and messaging app users. According to Bloomberg, India’s Ministry of Electronics and Information Technology is expected to publish the new rules later this month without making major …

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Could a Digital Dollar Compete on Privacy? Fed Chairman Powell Hints It Might

Federal Reserve Chairman Jerome Powell has given advocates of financial privacy a glimmer of hope – and hinted at how the U.S. might competitively position a future digitized dollar. In testimony before Congress this week, Powell was asked whether the Fed had any “visibility” into China’s progress developing a central bank digital currency (CBDC). “Yes, …

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Fed Chair Powell Reveals US Response to China’s Digital Yuan, Libra, Public Payments Ledger

</header> <strong>In his testimony before the House Financial Services Committee, Federal Reserve Chairman Jerome Powell answered a number of questions regarding digital currencies. While stating that “a ledger where you know everybody’s payments” is not a problem in China, he believes it is not attractive for the U.S. Admitting that Facebook’s Libra project was a …

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Flaws in WhatsApp’s desktop app allowed remote access to files

Enlarge / Facebook has patched a WhatsApp bug that would let someone read files off your desktop, NurPhoto/Getty Images Facebook has issued a security advisory for a flaw in WhatsApp Desktop that could allow an attacker to use cross-site scripting attacks and read the files on MacOS or Windows PCs by using a specially crafted …

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Top 10 Congresspeople Working on Crypto Policy

Following a year that has seen unprecedented interactions between United States legislators and the crypto industry, Cointelegraph has compiled a roster of congresspeople who have established stances and policies for blockchain and cryptocurrency that will shape the future of the industry within the country.  Some of the congresspeople listed are bullish on blockchain, while some …

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US Politicians Want to Ban End-to-End Encryption on Messaging Services like Telegram and Whatsapp

</header> <strong>Under the guise of fighting against online child pornography, American politicians are trying to effectively ban end-to-end encryption on all communication technology platforms for everyone. Newly proposed legislation could force companies like Apple, Google and Facebook to create back doors on their services to make sure law enforcement can easily monitor everything they want …

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2019’s Top 10 Institutional Actors in Crypto

Slowly but surely, institutional players are moving into the crypto/blockchain neighborhood. According to a 2019 Fidelity Investments survey, about 22% of institutional investors already have some exposure to digital assets, with most investments having been made within the past three years. Moreover, 4 in 10 respondents say they are open to future investments in digital …

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What Does Twitter’s New Decentralized Initiative Mean?

Back in December 2019, Jack Dorsey, the founder and CEO of Twitter and payments operator Square, announced a new team dubbed Bluesky, to work on decentralized social media standards. The news has gotten both the crypto and noncrypto communities abuzz — and for good reason. Mr. Dorsey has not only spoken in favor of decentralized …

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