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FameEX Morning Crypto News Recap | December 13, 2023

2023-12-13 12:11:40

Innovative Forum: US Presidential Candidates Confront Cryptocurrency Challenges

Presidential candidates from the Republican and Democratic parties gathered at the Crypto Presidential Forum to discuss the rising importance of digital assets in American politics. They presented their visions for the future of cryptocurrency in the United States, highlighting its growing significance in the political arena.


Donald Trump Reveals 'Mugshot Edition' Digital Cards with Exclusive Suit Swatches and Gala Dinner Invitations

Donald Trump has unveiled the Mugshot Edition, a unique digital trading card series, now with physical cards included. Purchasers of 47 cards will receive a piece of the suit worn by Donald Trump in his mugshot, along with an invitation to a Mar-a-Lago gala dinner.


US CPI Shows Marginal Rise in November; Federal Reserve Anticipated to Maintain Elevated Rates

In November, the US Consumer Price Index (CPI), an important measure of inflation, saw a modest 0.1% uptick, maintaining its annual growth rate at 3.1%. This slight price increase reflects nuanced economic shifts, with declining energy costs but ongoing rises in housing and food expenses.


Basel City Adopts Wholesale CBDC for Tokenized Bond Settlement

Basel City, Switzerland, has accomplished the settlement of tokenized bonds within the Helvetia III pilot program, making use of a wholesale central bank digital currency (WCBDC). This strategy prioritizes efficiency, as it enables the use of on-chain funds, thereby eliminating the need to reconcile transactions through private bank accounts, marking a significant progression in blockchain-based financial transactions.


Democratic Presidential Hopeful Condemns Biden and Trump's Stance on Cryptocurrency Leadership

During the Crypto Presidential Forum in New Hampshire, Democratic presidential candidate Dean Phillips acknowledged his limited understanding of financial technology and cryptocurrency. Nevertheless, he criticized the cryptocurrency positions of both President Joe Biden and former President Donald Trump. Phillips spoke as the third candidate at the event, following Republicans Vivek Ramaswamy and Asa Hutchinson.


China's Government Proposes Blockchain-Powered Identity Verification System

China's Ministry of Public Security is set to launch RealDID, a blockchain platform designed to verify citizens' real identities. RealDID offers features such as personal real-name confirmation, encrypted data protection, private logins, business identity verification, personal identification certificates, and information vouchers for identity verification.


Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.​

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