The Daily Leo #177 - Southwest's Meltdown and the Corporate Welfare, Hong Kong lawmaker wants to turn CBDC into stablecoin

in #hive-1679222 years ago

image.png

Welcome to The Daily Leo! We pull the best articles in Finances, Crypto news and Hive/Leo into one condensed information packed space.

Make sure to follow @thedailyleo so you never miss the Daily LEO. You can also subscribe to the newsletter here Subscribe to the Daily LEO



Southwest's Meltdown and the Corporate Welfare

No other major airline had nearly the troubles that Southwest had in terms of either weather delays or staffing problems. Rather, the operational problems apparently stem from the fact that Southwest couldn't be bothered with spending money to improve its own operating capabilities over...


Kentucky Joins Growing Movement to Blacklist ESG Banks

Kentucky has joined a growing list of conservative states that have begun to boycott banks they charge are discriminating against the fossil fuel industry, releasing a list of banks that “are engaged in energy company boycotts.” such as BlackRock, JPMorgan Chase, BNP Paribas, HSBC, and others. “Energy is important in Kentucky,”..



Hong Kong lawmaker wants to turn CBDC into stablecoin

The option of developing e-HKD into a stablecoin has the potential to address the risks associated with virtual assets in Web3 effectively, such a design of the Hong Kong digital dollar would help authorities gain investors’ trust in the Web3 industry and better protect users from issues like hacks...


Crypto Market Catalysts to Look out for in 2023

Cryptocurrency as a whole has witnessed some severe downturns since its inception. But several catalysts may help the crypto market rise from the ashes this year and kick-start growth in the sector. The past two years saw many twists and turn for...


Silvergate Shares Plunge 46% as Crypto Bank Cuts 200 Jobs

The bank has also halted its plans to launch a digital currency and has written off the $196 million related to its acquisition of the technology and assets of Diem Association from Facebook parent Meta Platforms (META). Diem, formerly called Libra, was Facebook's attempt to create a stablecoin...



LeoFinance, Reimagined in 2023

LEO is the umbrella for everything. It always was built that way. 2 years ago, I wrote a post describing this idea for the first time and it got great responses from the community. That vision got murky throughout the launch of all these subprojects, but that vision has never been more true than it is today.

Project Blank is now LeoFinance...


LeoFinance is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

Subscribe to The Daily Leo and start being up to date with the crypto & finance world!

Posted Using LeoFinance Beta

Sort:  

Awesome development in HongKong to think of a stablecoin design out of their CBDC. Year 2023 will be a big year in the social media space as LeoFinance reinvents.

Posted Using LeoFinance Beta

Maybe we will reach a time when Hive is big enough to be a part of the Daily Leo.

Posted Using LeoFinance Beta


The rewards earned on this comment will go directly to the people( @rzc24-nftbbg ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.