Patent WO2020060606 cryptocurrency system using body activity data
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News Date: May 5, 2020
Microsoft Patents New Cryptocurrency System Using Body Activity Data.
Patent number: WO2020060606
Microsoft is recently issued a patent for a device that is implanted under your skin that tracks your movements, allows for cashless payments, and even allows for medical tracking
Source:patentscope.wipo.int
Crypto-Currency Act of 2020
US Lawmaker Introduces Crypto-Currency Act of 2020 While Under Coronavirus Quarantine.The bill clarifies which federal agencies regulate which type of crypto assets. It's crucial that America remains the global leader in cryptocurrency, the lawmaker said.
Source:congress.gov
Economic security is national security
President Donald Trump: We Cannot Have National Security Without Economic Security.A Nation that does not protect prosperity at home cannot protect its interests abroad.
Under the banner of "economic security is national security," the Trump administration's corporate tax cuts now spur investment and catalyze innovation.
Sources: youtube.com, whitehouse.gov
Arca first SEC regulated fund Ethereum based
Asset management firm Arca has announced the first-ever products regulated under current SEC standards(U.S. Securities and Exchange Commission), adhering to the strictest investor protection laws globally.Financial institutions could potentially use these digital assets for a wide range of use cases, including payments, lending, clearing and settlement, trading and treasury management.
Arca Labs, chose the Ethereum blockchain, one of the largest public blockchains, launching so-called digital securities ArCoin, which uses the ERC-1404 protocol.
Source: www.ar.ca
The Black Pope is dead! Adolfo Nicolas, former superior general of Jesuits, dies in Japan
The Jesuit General Curia in Rome has announced that its former superior general, Father Adolfo Nicolas, died on May 20 in Tokyo, Japan. He was 84. He was a member of the Jesuit community of Loyola House in Kamishakujii and had been ill for several years.Source:ncronline.org
Judy Shelton for Fed board, return to the gold standard
Senate banking panel to resume considering Judy Shelton for Fed board.The nomination of Shelton appeared in jeopardy earlier this year as Republicans and Democrats on the banking panel expressed concerns over her views on the independence of the Fed from the White House, as well as her advocacy in the past for returning the United States to the gold standard.
Source: www.washingtonpost.com