BitDigest July 13 · Issue #698

Jul 13, 2020
  • Alt-coins increase market cap as bitcoin dominance continues to weaken
  • The G20 plans to draw-up a framework allowing its members to accept digital payments
  • Singapore releases report on final stages of blockchain roll-out
BitDigest July 13 · Issue #698

What I Read This Weekend

  • The South American nation of Uruguay was the first nation to explore the viability of a central bank digital currency in 2017 and although they developed it using their local mobile phone network instead of on a decentralized ledger, the system appears to have been successful.
  • Ripple’s Executive Chairman has initiated a program to fund the installation of high definition security cameras across San Francisco to enable local communities to monitor and police their neighborhoods.
  • In an interview with the US Secret Service, Forbes reports the cryptocurrency is only an ‘element’ of a crime, not its own separate ‘category’, and it is not relevant to the prosecution whether cryptocurrency is involved. only an ‘element’ of a crime, not its own separate ‘category’, and it is not relevant to the prosecution whether cryptocurrency is involved 

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