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FameEX Morning Crypto News Recap | December 13, 2023

2023-12-13 12:07:05

Groundbreaking Forum: US Presidential Candidates Address Crypto Challenges

At the Crypto Presidential Forum, presidential candidates from both the Republican and Democratic parties convened to discuss the growing importance of digital assets in American politics. They shared their visions for the future of cryptocurrency in the United States, underscoring its increasing significance in the political landscape.


Donald Trump Unveils 'Mugshot Edition' Digital Cards Featuring Exclusive Suit Scraps and Gala Dinner Invites

Donald Trump has released a novel digital trading card series called the Mugshot Edition, featuring physical cards for the first time. Buyers acquiring 47 of these cards will receive a fragment of the suit Donald Trump wore in his mugshot, as well as an invitation to a Mar-a-Lago gala dinner.


November Sees Modest Increase in US CPI; Federal Reserve Expected to Keep Rates Elevated

In November, the US Consumer Price Index (CPI), a key inflation gauge, increased by a slight 0.1%, keeping its annual growth steady at 3.1%. This marginal price uptick indicates subtle economic changes, as energy expenses decreased while housing and food costs continued to rise.


Basel City Utilizes Wholesale CBDC for Settlement of Tokenized Bonds

Basel City in Switzerland has successfully settled tokenized bonds as part of the Helvetia III pilot program, utilizing a wholesale central bank digital currency (WCBDC). This approach emphasizes efficiency, as it allows on-chain funds to be used, eliminating the requirement for reconciling transactions through private bank accounts, marking a notable advancement in blockchain-based financial transactions.


Democratic Presidential Contender Criticizes Biden and Trump on Cryptocurrency Leadership

At the Crypto Presidential Forum in New Hampshire, Dean Phillips, a Democratic presidential contender, admitted his limited knowledge of financial technology and cryptocurrency but criticized both President Joe Biden and former President Donald Trump for their cryptocurrency stances. Phillips was the third candidate to speak at the event, following Republicans Vivek Ramaswamy and Asa Hutchinson.


Chinese Government's Proposal for Blockchain-Powered Identity Verification

The Chinese Ministry of Public Security intends to introduce a blockchain platform named RealDID for verifying the real identities of citizens. RealDID encompasses personal real-name verification, encrypted data protection, private logins, business identity verification, personal identification certificate services, and information vouchers for personal 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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