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Fed set to launch long-awaited instant payments service, modernizing system
The U.S. Federal Reserve is due to imminently launch a long-awaited service which will aim to modernize the country's payment system by eventually allowing everyday Americans to send and receive funds in seconds, 24 hours a day, seven days a week.
The "FedNow" service will with 41 banks and 15 service providers certified to use the service, including community banks and large lenders like JPMorgan Chase...
SEC Chair Gensler Cites 'Wild West' of Crypto in Case to Increase Agency's Budget
US SEC Chairman Gary Gensler made a pitch for an extra budget of $72 million dollars for his agency’s multi-billion budget at the U.S. Senate Committee on Appropriations, telling lawmakers the agency must expand to, among other things, protect investors against a crypto industry “rife with noncompliance.”
He further mentioned that with the funding, they can be an even stronger advocate for the American public — investors and issuers alike. ...
Kuwait Announces ‘Absolute Prohibition’ on Crypto
Kuwait through its Capital Markets Authority, joins the list of countries that impose ban on virtually all operations like crypto payments, investments, mining, and the granting of virtual asset licenses.
Violators will face penalties under Law No. 106 of 2013 on Combating Money Laundering and Financing Terrorism.
Bitcoin traders say ‘get ready’ as BTC price preps 2023 bull market
BTC price action is giving two traders no doubt about the Bitcoin bull market due to begin this year.
Bitcoin is gearing up for its next bull run in classic style, say traders eyeing two key trend lines.
In some of their latest social media analysis, popular traders Moustache and Titan of Crypto revealed a BTC price breakout in the making.
NYDIG Predicts $30 Billion Inflow In BTC With Spot Bitcoin ETF Approval
NYDIG compares the size of the Bitcoin market with the Gold market and explains how $30 billion could flow after spot Bitcoin ETF approval.
NYDIG explains the positive reasons for a spot ETF includes solving some issues with current investment options in Bitcoin. It mentioned that an ETF would have better protections for investors and function as a reliable choice. It would also be easier to buy and sell through brokers and report positions, measure risks, and do taxes.
3 Reason Why The Tokenization Of Everything Is The Future
Tokenization of everything is one of the buzz phrases thrown around the Internet. But perhaps not many people understand what it is or that it can impact the economic and financial system. That it is much more than a mere programming code.
Taskmaster shared and discussed the reasons why the tokenization of everything is the future.
A Call for Feedback | What Do You Want to See Added to LeoFinance.io Next?
The LeoVerse has been involving its userbase with the iterations and improvements on its UI. They are encouraging users to give feedback using the #feedback tag on Threads as it allows them to gather these in real-time.
The team behind appreciates the community's inputs and they are constantly taking the feedbacks as they push out more features and working with their preset roadmap.
LeoFinance is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.