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Biden plans to nominate cryptocurrency critic Omaro as head of the U.S. Office of the Comptroller of the Currency

author:Titanium Media APP
Biden plans to nominate cryptocurrency critic Omaro as head of the U.S. Office of the Comptroller of the Currency

The chain has to be reported in the morning. September 23, 2021 at 9:35 a.m

Chainde chaind On September 23, the market showed that the composite index and coinmarketcap quotes:

BTC was quoted at $43402.57, up about 3.30% in 24 hours;

ETH was quoted at $3,059.86, up about 7.30% in 24 hours;

dot was trading at $31.35, up about 15.01% in 24 hours;

BNB was trading at $375.20, up about 5.98 percent in 24 hours.

Solana ecological cross-chain protocol Wormhole announced the launch of the NFT cross-chain bridge between ETH and Solana, which supports users to transfer NFT across chains. Currently users can transfer ERC-721 and SPL tokens across ETH and Solana, and Wormhole will seek further extended support to enable ERC-1155 cross-chain transfers.

According to previous reports, on September 18, the solana ecological cross-chain interoperability protocol wormhole launched v2 version, realizing the seamless transfer of token assets between sorana and Ethereum, and support for terra, Binance smart chain (bsc) and nft assets will be implemented in the next few days.

According to coindesk news, the on-chain transaction aggregator 1inch announced that it has expanded to the Ethereum l2 scaling scheme arbitrum, and its exchange aggregator and limit order protocol have been deployed to orbitrum. Aggregate exchanges will include uniswapv3, sushi, dodo, balancer and swap. The team claims that as more AMM rolls out on arbitrum, more exchanges will be added within three days.

Makerdao Protocol Engineering Core Division announced the release of the official dai token bridge at orbitrum one. This means that users can now trade, lend, provide liquidity and earn income farming with dai on the orbitrum one. Deploying and integrating a custom dai token bridge on arbitrium is an important milestone in promoting the use of dai in the growing arbitrum ecosystem.

The cross-chain payment network cbridge, launched by the second-tier scaling platform cell network, plans to launch cbridge 2.0, which is based on an efficient and easy-to-use liquidity management method that provides users with better liquidity depth, provides cbridge nodes and liquidity providers (LPs) who do not want to run nodes, and provides developers with generalized cross-chain messaging capabilities to support more applications such as cross-chain nft, cross-chain dex, and more. All of cbridge 2.0's implementations are based on an upgrade to the celr-powered state guardian network (SGN), which further enhances the value capture of the sgn network.

At the same time, cbridge 2.0 will be launched in phases, with plans to launch sgn as a shared liquidity pool manager model in October as the first phase of the cbridge 2.0 testnet, and conduct at least two security audits of the system and smart contracts; after the testnet and audit, a $1 million vulnerability bounty program and the gradual rollout of the cbridge 2.0 mainnet; and then enter "sgn as a bridge node gateway and service level agreement (sLA) arbitrator" Mode as the second stage.

According to Coindesk, NBA Top Shot Development Company Dapper Labs announced the completion of a $250 million financing, led by Coatue, and A16z, Google Ventures, and Version One Ventures.

According to people familiar with the deal, dapper labs has been valued at $7.6 billion. This round of funding will be used to expand the NBA Top Shot business and open up new sports projects around the world. In addition, Dapper Labs also announced a partnership with the Spanish professional football league Laliga and launched a football market at Flow that will showcase the digital collections of 20 teams including Real Madrid and Barcelona.

Although U.S. SEC Chairman Gary Gensler once taught blockchain at MIT and wrote some editorials about blockchain and Bitcoin innovation, Gensler never bought Bitcoin or any other cryptocurrency. Almost all of his net worth is on the stock market, which makes it in his vital interest to increase the value of the stock market.

Fed Chairman Jerome Powell said that it is evaluating whether to issue a central bank digital currency, and no decision has been made on the central bank digital currency, but the central bank digital currency report will be released "soon". The ultimate test for central bank digital currencies will be whether the benefits outweigh the risks. When it comes to central bank digital currencies, doing it right is more important than being quick. Any decision about a central bank digital currency will be a decision for the entire government. The Fed needs the support of a majority of its commissioners to decide on a central bank digital currency. In addition, a substantial investment in instant payment systems is being made in the United States.

U.S. President Biden plans to nominate Omarova, a law professor who has criticized cryptocurrencies and advocated a greater role for the government in the banking industry, as head of the U.S. Office of the Comptroller of the Currency (OCC). Omarova is expected to pursue stricter regulations and rules. If she sticks to some of her most radical positions, such as shifting personal banking from private institutions to the Federal Reserve, it will raise questions about whether Biden supports her agenda.

Omarova believes that digital currencies are in danger of destabilizing the economy and can easily be misused by private companies at the expense of public safety. Omarova could face tough challenges in the nomination process as Democrats have an absolute majority in the Senate. The bank, a significant bipartisan donor, may actively lobby against her candidacy.

According to u.today news, the Nikkei Shimbun reported that Bhutan's central bank has chosen Ripple as its CBDC partner, and the Royal Monetary Authority of Bhutan will begin working with Ripple on CBDC trials. Ripple integrates its distributed ledger technology into Bhutan's existing payment system. During the trial phase, the ripple-powered central bank digital currency will be used for cross-border remittance and settlement services.

According to Cointelegraph, according to Robinhood's blog post on Wednesday, the company plans to start testing the digital wallet feature on its app in October, which will enable users to send and receive cryptocurrencies.

The move could encourage more robinhood users to use the app for cryptocurrency transactions, as the app currently only allows investors to buy cryptocurrencies in U.S. dollars and trade them on the platform.

Robinhood didn't specify which tokens the digital wallet would support, but the app currently offers commission-free trading for btc, eth, bch, ltc, bsv, doge, and etc.

[This article was originally published in ChainDede, authorized by Titanium Media App, author: Song Song]

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