Part of the $500 million credit fund (US $50 million). Valentus is currently working with technology provider realio for a public offering of digital assets. Behzad taufiq, chief investment officer of valentus, said its first fund, creditopportunities fundi, could raise $50 million through a digital currency offering by the end of this year or early next year, with a minimum investment of just $10000. This will be the first time private equity credit funds have used digital tokens to raise funds, which can be used by retail and institutional investors around the world. Valentus, founded in March this year, mainly invests in mortgage-backed securities and non-performing debt. Valentus is currently applying to the securities and Exchange Commission to become a private equitlibra digital currency senate youtubey firm.
The BIS innovation hub will work with central banks to set up four Innovation Center branches in Toronto, Stockholm, London, Paris and Frankfurt in the next two years.
Loretta mester, President of the Federal Reserve Bank of Cleveland, said the Federal Reserve has been studying the impact of the central bank's digital currency (CBDC), including issues related to financial stability, market structure, security, privacy and monetary policy. The board of Governors of the Federal Reserve has set up a technical laboratory to build and test a series of distributed classified ledger platforms. Staff at several Federal Reserve banks, including software developers at the Cleveland fed, contributed to the study. Mester said such an experiment is an ilibra digital currency senate youtubemportant part of assessing the benefits and costs of a central bank digital currency, but it does not mean that the Fed will decide to adopt it.
Investors include Goldman Sachs, IDG capital, bitcontinental and Pantera capital, a hedge fund. Circle will aim at one of the most important elements of the crypto economy. They have acquired poloniex, an old cryptocurrency exchange, and have taken some tokens off the trading platform. They are planning to issue usd-c benchmarking US dollars through their own centre project to promote their products and services, which will be supervised and supported by real government currency. Stabilizing digital currency stablecoin project will become the key to circle's maturity and continuous expansion. As a part of mobile payment application, OTC business and its exchange service, the project aims to solve the problems perceived by the global cryptocurrency trading platform and market leaders, and replace the central banking business with high-tech products. Circleusdccircle view more with coinbasecoinbase, founded in 2012, the world's most visited mainstream digital currency trading and blockchain integrated service platform, which can purchase, sell, transfer and store your digital currency online. At the same time, coinbase was also the first fintech application that used to rank the first in the app store, which once exceeded the downloads of Twitter and Uber. At the same time, it helps the U.S. government to train the blockchain expertise, and help and promote the industry regulation of the U.S. government. Coinbase has announced that it is preparing the centre network with the goal of promoting the circulation of encrypted assets across multiple public and private blockchains. Circle said that usdc, the first stable currency of the center network, has issued more than $795 million and plans to expand its stable currency support beyond the U.S. dollar and eventually develop a new global digital currency, a stable currency supported by a basket of future reserve currencies, possibly including bitcoin. Circle states that members of the centre network need to contribute jointly to the development of open source software for center technical standards and supporting agreements, and need to obtain licenses and regulations in the field of e-money services in their operating jurisdictions.