• Rep. French Hill, the chair of the Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion, has announced that stablecoin regulation is the subcommittee’s first priority.
• Rep. Hill believes that the subcommittee’s draft on stablecoins should serve as a model for how it will approach digital asset regulation moving forward.
• Rep. Hill also wants the subcommittee to pursue a privacy statute that is important to digital asset industry and consumer privacy.
The U.S. House of Representatives subcommittee on digital assets, financial technology and inclusion has recently been formed under the chairmanship of Rep. French Hill (R-Ark.). The subcommittee has now declared that stablecoin regulation is its first priority.
Rep. Hill believes that the subcommittee’s draft on stablecoins should serve as a model for how it will approach digital asset regulation moving forward. He also expressed his intention to pursue a privacy statute that is important to digital asset industry and consumer privacy.
He noted that the subcommittee wants to bring clarity to which agency, the SEC or the CFTC, should seek explicit oversight of digital assets. He stated that sorting through the issue is the primary task of the subcommittee.
The subcommittee also plans to focus on other important issues such as the establishment of uniform standards for digital assets, the adoption of uniform digital asset transfer regulations, and the development of best practices for data security.
Rep. Hill further noted that the subcommittee will also take into consideration the emerging trends in the digital asset industry and the potential of blockchain technology. He believes that the subcommittee has the potential to help move the industry forward and shape the future of digital assets.
The subcommittee will also work towards bringing together stakeholders from the public and private sector, as well as industry experts, to discuss the issues surrounding digital assets. Rep. Hill believes that this process of collaboration and dialogue is essential for the growth of the sector.
Overall, the subcommittee’s goal is to ensure that the digital asset sector can continue to grow and develop without sacrificing security or consumer protection. The subcommittee plans to take a measured, thoughtful approach when it comes to developing regulations, while also taking into account the unique needs of digital asset market participants.
1. Timothy Stranex, co-founder and chief technology officer of cryptocurrency exchange Luno, departed in December after 10 years with the company.
2. Simon Ince has replaced Stranex as CTO, having joined Luno almost two years ago as vice president of engineering.
3. Luno, which is owned by Digital Currency Group (DCG), is headquartered in London and has offices in Singapore, Cape Town, Johannesburg, Lagos, and Sydney.
Cryptocurrency exchange Luno has experienced a major change in its senior team, with co-founder and chief technology officer (CTO) Timothy Stranex leaving the company in December. Stranex had been with Luno for 10 years, having founded the company in 2011 with Carel van Wyk, Pieter Heyns and current CEO Marcus Swanepoel.
Stranex’s departure has been filled by Simon Ince, who joined Luno almost two years ago as its vice president of engineering. He will now take up the mantle of CTO, overseeing the company’s engineering, product and design teams.
Luno, which is owned by Digital Currency Group (DCG), is headquartered in London and has offices in Singapore, Cape Town, Johannesburg, Lagos, and Sydney. It has over 10 million customers worldwide, and is continuing to expand its international presence.
The firm recently announced a partnership with the United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), to launch a cryptocurrency-focused sandbox environment. This will allow the company to test its products in a controlled environment with the FCA’s guidance and oversight.
Luno also recently launched its own Luno Exchange, allowing customers to buy, sell and store digital assets. The platform supports Bitcoin, Ethereum, Ripple and Binance Coin, as well as the stablecoin BUSD.
Commenting on the recent changes, Swanepoel said: “Tim has been a great friend and colleague for many years and we’re sad to see him leave. We wish him the best of luck in his future endeavours. We’d also like to thank Simon for all he has done to help Luno get to where it is today, and we look forward to seeing where he takes us in the future.”
The changes come as Luno continues to make strides in the cryptocurrency exchange space. With the FCA’s support, the company is looking to further expand its presence in the UK and across the world in the years to come.
• Ondo Finance has launched three products designed to allow stablecoin holders globally to invest directly in bonds and U.S. Treasurys.
• These regulated products are expected to attract more than $100 billion in stablecoins that may not be earning yields for their holders.
• The funds deposited on Ondo will be invested in exchange-traded funds offered by BlackRock and Pimco, with Coinbase Custody and Coinbase Prime handling conversions between stablecoins and fiat.
Decentralized finance (DeFi) platform Ondo Finance has announced the launch of three new products that aim to provide stablecoin holders with an opportunity to invest directly in bonds and U.S. Treasurys. It is estimated that these regulated products could attract more than $100 billion in stablecoins that may not be earning yields for their holders.
The three products launched by Ondo Finance are the OUSG fund, the OSTB fund, and the OYHG fund. The OUSG fund is an investment in short-term government Treasurys, with an expected yield of 4.2% per annum. The OSTB fund is a short-term bond fund, with an expected yield of 5.45% per annum. Lastly, the OYHG fund is a high-yield corporate bond fund, with an expected yield of 8% per annum. All of these funds have a fee of 0.15% and are designed to allow investors to take advantage of the higher yields associated with bonds and Treasurys.
To ensure that investors’ funds are secure, Ondo Finance has partnered with Coinbase Custody, Coinbase Prime, BlackRock, and Pimco. Coinbase Custody will custody any stablecoins that the fund holds, while Coinbase Prime will handle the conversions between stablecoins and fiat. The funds deposited on Ondo will further be invested in relevant exchange-traded funds managed by BlackRock and Pimco.
With the launch of these three funds, Ondo Finance is aiming to provide a more secure and profitable option for stablecoin holders who are looking for higher yields than those offered by traditional savings accounts and money market accounts. Moreover, these funds are regulated and offer higher yields than other investment options such as stocks and bonds, making them an attractive option for investors.
For these funds to be successful, they need to be reliable and secure. Fortunately, Ondo Finance has taken the necessary steps to ensure that these funds are secure and reliable. This includes partnering with Coinbase Custody and Coinbase Prime, two of the most trusted names in the crypto industry. Additionally, the funds are managed by BlackRock and Pimco, two of the most respected investment firms in the world.
Overall, the launch of these three products is an important step forward in the evolution of DeFi, as it provides stablecoin holders with an opportunity to invest in bonds and U.S. Treasurys and earn higher yields than what is offered by traditional savings accounts and money market accounts. With the added security and reliability provided by Coinbase Custody and Coinbase Prime, and the expertise of BlackRock and Pimco, it is likely that these funds will be successful.
• FTX has recovered over $5 billion in assets since filing for bankruptcy last year.
• Bankruptcy attorney announced the news during a hearing Wednesday.
• This total does not include another $425 million in crypto held by the Securities Commission of the Bahamas.
The cryptocurrency exchange FTX has made a major recovery since filing for bankruptcy last year. During a hearing Wednesday, a bankruptcy attorney announced that FTX has managed to recover more than $5 billion in assets. This news substantially raises the total FTX claims it holds, although it is still short of what customers are owed in total.
The recovered assets include a variety of different types of assets, such as cryptocurrency and fiat currency. However, the total does not include another $425 million in crypto held by the Securities Commission of the Bahamas. According to the attorney, FTX has been working closely with the commission to recover these assets.
It’s unclear how FTX plans to use the recovered funds. However, some speculate that the funds will be used to pay back customers who were affected by the bankruptcy. FTX has yet to make any formal statement about how the funds will be used.
The news of FTX’s recovery comes as a surprise to many in the crypto community, who had feared that FTX’s bankruptcy would leave many customers out of pocket. It remains to be seen if the recovered funds will be enough to adequately compensate customers who have been affected.
In the meantime, FTX is continuing to work to recover more assets and to make sure that customers are properly compensated. For many customers, the news of FTX’s recovery is a welcome sign that there may be a light at the end of the tunnel.
Samsung S10 is the latest flagship phone of Samsung, the South Korean tech giant. It’s a robust phone which comes with a wide range of features as well as modern technology. It comes with the 6.1-inch Infinity-O display as well as a triple camera setup and an display-based fingerprint scanner. It’s one of the very first Samsung phone to have an ultrasonic fingerprint scanner in the display to provide additional security. It runs the most recent version of Android 9.0 Pie OS with Samsung’s own One UI interface on top.
What is Screen Rotation?
Screen rotation is an option on phones that lets users rotate the display from portrait to landscape and reverse. The feature is activated by default on the majority of smartphones and lets users view content in various orientations. The feature is particularly helpful to play games and videos with a landscape orientation.
How to Enable Screen Rotation on Samsung S10
Screen rotation is standard for Samsung S10. Samsung S10. To turn it on, launch the Settings app, and then tap Screen Rotation > Display. You will see the toggle to either enable or deactivate the feature. It is also possible to access the toggle for screen rotation via Quick Settings by sliding downwards to the right of the display.
Tips for Using Screen Rotation
When you use the screen rotate feature, you need to follow few guidelines that will make maximum benefit. Make sure you’re in a steady location. Unintentional movements could make the display spin and can cause distraction. Also, be sure to examine the orientation of your screen prior to making use of the feature. It will help ensure the information is correctly displayed. Try to reduce the brightness of the display to a level that is comfortable prior to making use of the feature.
Different Types of Screen Rotation
Screen rotation can be utilized to view various types of content. For instance, you can make use of it to play games and videos with a horizontal orientation. It can also be used to read ebooks or documents in portrait orientation. In addition, you can utilize it for viewing websites and images in any orientation.
How to Disable Screen Rotation on Samsung S10
If you feel that the rotating feature on your screen to be annoying or unneeded it is easy to turn it off. To do that, launch the Settings app and select Screen Rotation > Display. There you will find the option to turn on or deactivate the feature. If disabled, the screen won’t rotate anymore when you rotate the device.
Troubleshooting Screen Rotation Issues
If you’re having problems with the feature that rotates your screen There are some ways to fix the issue. First, ensure that the feature is turned on. It is done via opening your Settings app and then selecting screen rotation > Display. You will see the toggle that allows you to turn on or deactivate the feature. If this option is disabled, you can attempt to restart your computer. In addition, look for any system updates that might be available.
Screen rotation is a beneficial feature on smartphones that lets users rotate the screen from portrait to landscape and in reverse. The feature is activated by default on the majority of phones , and lets users view content in various orientations. It’s particularly useful when watching games and videos with a landscape orientation. You can also disable the feature if it annoying or unneeded. If you’re experiencing issues regarding the rotation of the screen Make sure the feature is on and then try to restart your computer.
Windows 10 is the latest version of Microsoft’s renowned operating system. It comes with a variety of tools and features which make it a powerful and complete platform. One of the key aspects that Windows 10 has Windows 10 is its ability to reset the network. Network reset is a process which restores network settings to their original settings. This can assist in resolving problems related to your internet connection, or other issues related to networks. We’ll discuss what a reset of your network is and how to perform it in Windows 10.
What is a Network Reset?
Network resets are the procedure of returning your network settings back to their original values. This is useful when you’re experiencing problems in your internet connection or other issues related to your network. It will help remove the existing configuration settings of your network and allows you to begin new with a clean start.
The Benefits of Resetting Your Network
Resetting your network can assist you resolve any current problems with your internet connection or any other network-related issues. It can also help eliminate any network configuration settings that are currently in use and allow you to begin new with a fresh start. In addition, it will aid in improving speed of performance on your PC and make your experience more enjoyable using Windows 10.
How to Reset Your Network on Windows 10
Resetting your network in Windows 10 is a relatively easy procedure. In order to do this, you’ll need start your Settings app. This can be done using the Windows key and then typing „settings“ into the search bar. After you’ve opened the Settings application, select „Network & Internet“. From here, select „Status“ and then click „Network Reset“.
Resetting Network Adapters
One of the initial steps to resetting your network in Windows 10 is to reset your network adapters. This will ensure that your device is connected correctly with the Internet. To accomplish this, you’ll have to start Device Manager. This can be done simply by holding the Windows key and then typing „Device Manager“ into the search bar. After opening the Device Manager and clicked „Network Adapters“ and then click on the adapter that you wish to reset. From here, select „Uninstall Device“ and then select „Yes“ when prompted.
Resetting Network Services
A second important step to reset your network in Windows 10 is to reset the network’s services. In order to achieve this, you’ll have access the Services window. This can be done using the Windows key and then typing „Services“ into the search bar. After opening the window for Services, you’ll have to right-click each service and then click „Stop“. Once all services are stopped you’ll be able to right-click on the service of your choice and select „Start“.
Using a Network Troubleshooter
After you’ve reset all the network’s adapters as well as services you might need to run a network troubleshooter in order to pinpoint any issues remaining. To accomplish this, start the Settings application. It’s done using the Windows key and then typing „Settings“ into the search bar. After you’ve opened the Settings application, you can click „Update & Security“ and then select „Troubleshoot“. From there, select „Network troubleshooter“ and follow the instructions displayed on the screen to finish the troubleshooting procedure.
Resetting your network in Windows 10 can help to solve any problems that may be causing your internet connection or any other problems related to networks. It will also enhance speed and performance on your PC and make it easier to enjoy your experience using Windows 10. For a reset of your networks, you’ll have to launch your Settings app and then reset all your routers and network services. In addition, you might need to run an investigation using a network troubleshooter in order to pinpoint any issues. After these steps, you’ll be able to restart your network without issue and enjoy an improved user experience.