Michael Barr, the head of the central bank's regulatory division, emphasized that the Federal Reserve is currently in the preliminary research stage and would require official legislation from Congress to formalize any action.
Coinbase (COIN) reported securing $57 million for their platform as of September 1, as detailed in an official filing with the SEC.
Cronos Labs has enlisted the expertise of industry leaders, including Google Cloud, Amazon Web Services, as well as distinguished blockchain security experts from PeckShield and Certik, to serve as mentors for their program.
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