U S Bank Regulator Slams Decentralized Finance Defi As Fool S Gold Finbold

Michael Hsu had talked openly about his reservations regarding the measures taken by his predecessor at the Office of the Comptroller of the Currency when he addressed [PDF] the Blockchain Association on September 21. In particular, Hsu said he would reconsider some previous decisions, including those involving cryptocurrency. It’s worth mentioning that, in the speech to the board of directors of the lobbying organization composed of executives from some of the most prominent cryptocurrency companies, including Binance....

December 9, 2022 · 2 min · 343 words · Peggy Cloe

U S Insurance Companies Pump 3 1 Billion Into Fixed Income Etfs In H1 2021 Finbold

According to the ETF Transactions by U.S. Insurers report from S&P Dow Jones Indices, insurance companies pumped $3.1 billion into the fixed income ETFs during the first half of 2021. The report notes that a significant share of the investments was redirected from equity ETFs. Notably, during the first half of the year, the companies withdrew $1.2 billion from equity ETFs to emerge as net sellers. The report states that the ETF market has witnessed an influx of investors, although insurance firms account for a minor section....

December 9, 2022 · 2 min · 314 words · Susan Newby

Uber Ceo Declines Bitcoin As An Investment But Might Consider It As A Payment Method

His sentiments come when other Silicon big players like Tesla (NASDAQ: TSLA) disclosed a $1.5 billion investment in cryptocurrency and announced to accept bitcoin as a valid form of payment for its products. However, Khosrowshahi acknowledges that the cab-hailing firm has had a conversation on Bitcoin investment. Although he rules out the possibility of Bitcoin investment, Khosrowshahi confirmed there is room for the company to accept other cryptocurrencies as a payment form....

December 9, 2022 · 1 min · 160 words · Sharon Smith

Us Banking Regulator Confirms Banks Can Use Blockchain For Payments

In an interpretive letter dated Jan. 4, the OCC clarified that banks can connect to blockchain networks as validator nodes and use stablecoins to facilitate payment transactions for customers. The federal banking regulator added that the use of INVNs in the federal banking system could also improve the efficiency, effectiveness, and stability of payment activities and enable real-time payments that other countries already enjoy. The OCC, however, warned of the risks associated with INVN-related activities, citing that these new technologies entail sufficient technological expertise to ensure safe risk management....

December 9, 2022 · 1 min · 160 words · Leo Myers

Us Department Of Commerce Considers Bitcoin Policy Institute S Report On Crypto Benefits

As a direct result of this, the Bitcoin Policy Institute submitted a paper to the United States Department of Commerce on the topic of Digital Asset Competitiveness. The report released on July 5 discusses the ways in which an open monetary network may advance American interests. The research first examines the implications for US objectives in financial inclusion and consumer welfare, after which it emphasizes the most important and useful aspects that are exclusive to Bitcoin....

December 9, 2022 · 2 min · 324 words · Albert Sperdute

Visa Stock Nyse V Rallying On Transactions Growth And Digital Adoption

Visa saw a sharp drop in its revenue and earnings in the past few quarters amid travel restrictions and declining consumer purchasing power. However, the business prospects started changing as the company says they have started seeing growth in transaction volume in the past few months. Visa stock price is currently trading around an all-time high of $210. Payment Volume growth is adding to sentiments Although its fourth-quarter revenue of $5....

December 9, 2022 · 2 min · 238 words · Matthew Carter

Vodafone Launches New Blockchain Based Economy Of Things Platform

According to an official statement, the new platform, called Digital Asset Broker (DAB), draws on the strength of its Internet of Things (IoT) platform and will help Vodafone clients benefit from the new ‘Economy of Things.’ Most connected devices and sensors today collect and send information via the Internet. However, the new ‘Economy of Things’ platform from Vodafone goes further than that. It allows verified connected devices, vehicles, smart street furniture, and machines to transact seamlessly and securely on a user’s behalf without their intervention....

December 9, 2022 · 2 min · 278 words · Bryan Maldonado

Volatile Days For Shib Ahead As Triangular Breakout Pattern In Play Finbold

Indeed, on the SHIB/USDT chart, we can observe a breakout triangle pattern in play, suggesting that a move in either direction is imminent. However, since there has been so little volume recently, it seems that the downward breakout is the more realistic scenario. The chart uses both the 9 and 50 exponential moving average (EMA) since it provides more weight and significance to recent SHIB data points than a simple moving average (SMA) or a general moving average (MA)....

December 9, 2022 · 2 min · 305 words · Barbara Dominguez

Voyager S 2Nd Largest Debtor Ready To Return Loan With No Rush To Recover Collateral

Indeed, Alameda Research, the trading firm co-founded by crypto billionaire Sam Bankman-Fried, stated it was “happy to return the Voyager loan and get out collateral back whenever works for Voyager,” in a tweet published on July 8. According to the bankruptcy filing by the Toronto-based Voyager Digital, Alameda Research is its second-largest debtor, owing Voyager $377 million, including a $75 million unsecured loan, crypto reporter Colin Wu said. Voyager’s troubles and crypto connections Meanwhile, the Toronto Stock Exchange opened a delisting review of Voyager Digital on July 6, and its shares have since been “suspended immediately....

December 9, 2022 · 2 min · 288 words · Janelle Flick

Wall Street Bullish On Mercedes Benz Amid Strong China Sales Ceo Comments

Namely, during an interview with CNBC’s Squawk box Europe on October 17, Kallenius claimed that the firm had its ups and downs, but sales in China remain resilient. He then added on the importance of the Chinese market: Earlier this year, after posting a strong quarter, Mercedes-Benz indicated that they see the chip shortage stretching into 2023. MBG chart and analysis MBG is currently trading in the lower part of its 52-week range, similar to the S&P 500 index, thus not making the stock an exception....

December 9, 2022 · 2 min · 273 words · Steven Schramm

What Do Snapchat Ghosts Mean

Snapchat ghosts are well-acquainted with the theme of the social app. Still, they can stir up the users that “what do Snapchat ghosts mean?”. Hence, you need to know more about the ins and outs of the app. Have you recently downloaded Snapchat? Are you interested in learning the meaning of Snapchat ghosts? Then, scroll down; we’ve covered everything in detail! Snapchat Ghosts Snapchat came into existence in 2011. It was developed by a couple of Stanford university students....

December 9, 2022 · 3 min · 536 words · Ronald Ladner

What Does Ily Mean On Snapchat

This article will go over the meaning of “Ily” and the contexts in which it’s used. It’ll also go over the variations of “Ily” you may encounter and any other possible meaning of the slang. Where Did “ILY” Originate? It’s unknown who first used the slang “ILY” in a text and from where, but we can trace it to the time short-code messages were a thing. If you were into talent shows in the early 2000s where you had to vote for your favorite contestants through short text messages, you probably could say you texted your crush or love an “ILY” during that period....

December 9, 2022 · 3 min · 588 words · Christopher Mcelroy

What Does Lol Mean On Facebook

Have you seen this anywhere on Mark’s streets and wondered what it meant? When on Facebook, it is crucial to learn typical slang. These should ease communication between peers or people on your friend’s list. Not all abbreviations are common to all Facebook users. Some people are new to Facebook and other social media. Keep reading to learn more about the acronym ‘LOL.‘ What Is “LOL”? ‘LOL‘ is an abbreviation for ‘laughing out loud....

December 9, 2022 · 6 min · 1205 words · Jack Fay

What Does Rt Stand For On Twitter

Some abbreviations are limited to specific platforms, and ‘RT’ is one of them. It could mean a different thing if you come across this on other social media networks besides Twitter. It would be best to ask the sender what they mean to avoid confusion. The article is a guide to help you understand what ‘RT’ means on Twitter, how to use it, and its replies. You will learn a few alternative meanings that could be sensible if you spot the acronym outside Twitter....

December 9, 2022 · 6 min · 1186 words · Jessica Espinoza

What Does Wby Mean On Snapchat

Familiarizing yourself with these short forms can help you converse better with your friends. Not just that, but it can also make your conversations much more interesting. One such abbreviation is WBY. If you’re confused about what does WBY mean on Snapchat, then read more to find out! What Is WBY? WBY is an abbreviated version of what about you, or what ‘bout you?. It is casually used as an everyday Snapchat language to ask the other person about them....

December 9, 2022 · 3 min · 433 words · David Kama

What Is Ff On Twitter

Some hashtags are more popular than others and, in some cases, are only used on specific days. Have you seen the #FF on Twitter and don’t know what it means? Or maybe you want to participate in the #FF and don’t know where to start? We will understand what the #FF means on Twitter. Also, we will see how you can use the hashtag and on which day it makes sense to use it....

December 9, 2022 · 2 min · 353 words · Celia Hyman

What Is Otc Over The Counter Definition Beginner S Guide

OTC definition OTC (Over-the-Counter) is the process of stock trading directly between a dealer and a broker (a.k.a. off-exchange trading) without the involvement of third parties (e.g., exchange regulator). Dealers act as market makers by announcing the price for selling and buying stocks. It means that sellers and buyers negotiate through special inter-dealer quotation services managed by OTC Markets Group but not through formal exchanges such as the New York Stock Exchange (NYSE)....

December 9, 2022 · 5 min · 904 words · Darryl Dietrick

Who Is My Wife Messaging On Facebook

You can ruin your relationship with mere suspicion. Breeding suspicion is wrong and can affect your relationship and your mental health. The only thing you can do is first be sure whether what you suspect is legitimate. You can use our guide to find out who or what your wife is messaging on Facebook. So, let’s find out whom your significant other is messaging on Facebook and whether there is something to worry about....

December 9, 2022 · 6 min · 1154 words · Margaret Steiner

Why Can T I Post On My Facebook Page

Are you having trouble posting on your Facebook page? It is annoying when you try to post on Facebook but to no avail. This guide presents the various reasons why you can’t post on your Facebook page. We will discuss each post in detail and offer the solution for each to ensure you regain your posting functionality on Facebook. We will conclude by addressing commonly asked questions about issues with uploading Facebook posts....

December 9, 2022 · 5 min · 883 words · Lisa Kelley

Why Does Tiktok Keep Crashing

Imagine recording a video or watching an entertaining clip and the app crashes in between; it is unpleasant. Because what if you try recording again and your attempt is not as good as the one you lost? Thankfully, these errors and bug problems are not beyond what you can fix. We will guide you on how to handle and correct TikTok crashing issues. Why TikTok App Keeps Crashing When using the TikTok app, you may get an “Unfortunately, app has stopped” notification on your device....

December 9, 2022 · 5 min · 963 words · Dorothy Mixon