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Biden’s pick for Fed vice chair for supervision calls for congressional action on stablecoins

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Fed nominee Michael Barr said that the government agency potentially releasing a central bank digital currency was an issue that required “a lot more thought and study.”

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Coin Market

Semler Scientific ‘laser-focused’ on buying Bitcoin, says CEO

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Medical device firm Semler Scientific has spent $71 million to buy 1,058 Bitcoin, adding another 181 Bitcoin to stash over Q3 and into the start of November.

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Coin Market

Robinhood, Kraken, Paxos launch Global Dollar stablecoin network

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A swathe of major firms from traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant network designed to accelerate the adoption of stablecoins. 

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Coin Market

Marathon, Riot record highest monthly BTC production since April halving

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Both firms partly attributed the rise in Bitcoin production to increasing their respective energized hash rates in October.

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