CCI Publishes “Analysis Of Bitcoin s Use In Illicit Finance,” By Former CIA Acting Director Michael Morell
Findings Debunk “Conventional Wisdom” About Bitcoin’s Use for Illicit Purposes, Conclude Blockchain Technology is an Underutilized Crime-Fighting Tool WASHINGTON D.C., UNITED STATES, April 13, 2021 /EINPresswire.com/ The Crypto Council for Innovation (CCI), an alliance of crypto industry leaders, today published a study entitled, “An Analysis of Bitcoin’s Use in Illicit Finance,” authored by Michael Morell, former Acting Director, Deputy Director and Director of Intelligence at the Central Intelligence Agency (CIA). The paper, available on the CCI website, examines the general assertion that the Bitcoin market is rife with illicit activity and concludes that:
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Halting the use of Johnson & Johnson’s vaccine could hinder the U.S.’s inoculation drive.Credit.Rob Engelaar/Agence France-Presse, via Anp/Afp Via Getty Images
New worries about J.&.J.’s Covid vaccine
Federal health officials have called for an immediate halt in using Johnson & Johnson’s Covid-19 vaccine, after recipients in the U.S. suffered blood clots within two weeks of vaccination. It could mark a hurdle for America’s inoculation efforts.
Six women between age 18 to 48 developed a rare disorder involving blood clots. One died and another is hospitalized in critical care. Over all, nearly seven million people in the U.S. have received the J.&J. one-shot vaccine, and nine million more doses have been shipped to states.
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Central Bank Digital Currencies Explored in Thailand, Japan and Sweden
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According to a recent press release, the Bank of Thailand (BOT) is seeking public comment on the issuance and development of a Retail Central Bank Digital Currency (CBDC), an easily portable “digital form of money issued by the central bank comparable to physical banknotes,” which can be used in online and offline financial transactions. The main objective of the BOT’s exploration of Retail CBDC is to provide citizens with broader access to secure financial services. The BOT seeks to pilot Retail CBDC in spring 2022.
Similarly, the Bank of Japan recently announced plans to experiment with CBDC this year “to test the technical feasibility of the core functions and features required for CBDC.” Phase 1, Proof of Concept, began this week, with the goal being to “develop a test environment for the CBDC system and conduct experiments on the basic functions that are core to CBDC as a payment instrument
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