FameEX Afternoon Crypto News Recap | March 23, 2023
World Blockchain Summit Set the Stage for a Decentralized Future with Ground-Breaking Insights and Collaborations
The World Blockchain Summit - Dubai 2023 was held with the patronage of HH Sheikh Juma Ahmed Juma Al Maktoum and had over 2,000 attendees, including industry leaders, technology pioneers, and institutional web3 investors. The event kicked off with a Start-up Grand Slam Pitch Competition, judged by a panel of global investment leaders from Woodstock, Cipher, and Ghaf Capital Partners.
CFTC’s Tech Committee Gathered in DC to Talk DeFi, Here’s What Was Discussed
The CFTC's Technology Advisory Committee (TAC) held its first meeting in Washington D.C., where members of the crypto space gave presentations on the key issues affecting DeFi. The meeting was opened by CFTC commissioner Christy Goldsmith Romero, who emphasized the importance of understanding DeFi as policy decisions related to it are being made by regulators and lawmakers.
Xapo Bank to Enable USDC Deposits and Withdrawals
Xapo Bank has announced that it will enable its customers to deposit and withdraw funds using the USDC stablecoin, without incurring any fees. This feature will allow members to bypass the costly SWIFT payment system by utilizing "outrails" added to Xapo's existing USDC on-ramps. Furthermore, all USDC deposits will be automatically converted to the US dollar, allowing members to earn up to a 4.1% annual interest rate return. By supporting USDC, Xapo aims to provide a cost-effective and convenient solution for its customers to access and use their funds.
Deloitte Embraces Immersive Experiences as Web3 Gains Traction Across Industries
Deloitte is exploring the potential of immersive experiences and other Web3 solutions to meet diverse corporate needs. While immersive experiences have gained traction in the entertainment, gaming, and fashion industries, Deloitte sees potential for their application in simulating manufacturing operations and training managers to handle sensitive conversations. As more industries turn to Web3, Deloitte is betting on the innovative potential of immersive experiences to address a variety of corporate challenges.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.