DAILY CRYPTO NEWS AND TOP CRYPTO EVENTS for 25th Feb 2021
Top Crypto Events Planned for Tomorrow
1 - Hedera Hashgraph (HBAR): V0.12.0 Release
Scheduled (Feb 26, 2021, 18:00 UTC): Hedera will be upgrading the Testnet to v0.12.0... on Friday, Feb 26th 2021 at 18:00 UTC.
2 - Nano (NANO): BSC Intergration
Nano is fully integrated and deployed on the BSC network and will be going live on the 26/02/21!
Some World Crypto News
#1 - The Federal Reserve will be engaging with the public on the question of a digital dollar, according to Chair Jerome Powell.
Powell made his comments during Wednesday's House Financial Services Committee hearing in response to questions on the digital dollar concept from Representative Patrick McHenry (R-NC).
"This is going to be an important year," he said. "This is going to be the year in which we engage with the public pretty actively."
This engagement will come in the form of public events, according to Powell. He did not elaborate further but said the central bank is working on the rollout of these events.
Still, the Fed isn't planning on presenting a formal plan to the public. Policy and technical questions surrounding a central bank digital currency (CBDC) remain, according to Powell. The Fed will be looking to the public for feedback on problems it's identified, rather than comments on a solidified idea.
#2 - Bordier & Cie, a private Swiss bank founded back in 1844, has started offering cryptocurrency services to clients. Announced Wednesday, Bordier & Cie clients will be able to buy, hold and trade cryptocurrencies including bitcoin, ethereum, bitcoin cash and tezos. The new offering comes via an integration with Sygnum’s B2B digital assets banking platform, which was said to be completed in less than 60 days. “We have seen increasing demand from our clients to diversify into alternative asset classes such as digital assets,” said Evrard Bordier, managing partner at Geneva-based Bordier & Cie. The digital assets firm will be responsible for custody of private keys for the cryptocurrencies, as well as choice of liquidity providers, anti-money laundering procedures and transaction monitoring.
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