Fed Outlines Pros And Cons Of A US digital Dollar -- But Avoids Taking A Stand for Now

Ukraine faced a number of "huge incidents" in cyberspace from the end of March to the beginning of April, Zhora said, including the discovery of the "Industroyer2" malware which could manipulate equipment in electrical utilities to control the flow of power.

Zhora told Reuters in an interview that Microsoft, Amazon and Google had offered pro bono cloud computing services to the Ukrainian government as it moves its data out of the country, away from the destruction wreaked by Russian bombs and missiles.

HONG KONG, Aug 1 (Reuters) - Macau will reopen public services and entertainment facilities, and allow dining-in at restaurants from Tuesday, authorities said, as the world's biggest gambling hub seeks a return to normalcy after finding no COVID-19 cases for nine straight days.

She Zhijiang, 40, a Chinese national who also holds a Cambodian passport, was arrested last week based on an international warrant and an Interpol red notice, Thailand's deputy police spokesman Kissana Phathanacharoen said.

"Digging along all year long trying to make these Mustangs run faster. They haven't been great this year. But our guys are doing a good job in trying to take what we have, maximize it and do the things that we need to do."

Cambodia banned online gambling in 2019 after it said the industry has been used by foreign criminals to extort customers and launder illicit earnings, following the proliferation of Chinese-run casinos in the country.

Harvick led 38 laps, but the key moment for his victory came late in the race during a caution. Ross Chastain and Christopher Bell had a collision, bringing out the yellow flag, and Harvick stayed out to take over the top spot.

What has the Federal Reserve said about CBDCs? The Federal Reserve released a January 2022 report outlining the potential benefits and downsides of issuing a CBDC in the US. While the Fed didn't take a stance either for or against the issuance of CBDCs, it is asking for public comment on more than 20 questions on the topic. People will have until May 20 of this year to participate in this stage of the Fed's CBDC research. Moreover, the report made clear that the Fed wouldn't move forward with CBDCs unless it received clear support from the executive branch as well as Congress.

LAS VEGAS, Nev., Aug 11 (Reuters) - Ukraine's top cyber official addressed a room full of security experts at a hackers' convention following a two-day trip from the capital, Kyiv, to a golden casino in Las Vegas.

More than 90% of Macau's residents are fully vaccinated against COVID-19 but authorities have closely followed China's zero-COVID mandate which seeks to curb all outbreaks at almost any cost, contrary to the rest of the world which is already living with the virus.

HONG KONG, Aug 5 (Reuters) - Macau's government said on Friday it would resume ferry services with the southern Chinese city of Shenzhen on Aug.
8, as authorities try to unwind stringent COVID-19 restrictions in the world's biggest gambling hub.

Zhora said he would not waste time on the slot machines at the sprawling Mandalay Bay casino, where the Black Hat conference is being held: "It would be inappropriate for me to gamble here while Ukrainian soldiers are defending our land." (Reporting by James Pearson; additional reporting by Christopher Bing; editing by Grant McCool)
BANGKOK, Aug 15 (Reuters) - Thai police have arrested a Chinese fugitive wanted by Beijing for allegedly running illegal online gambling operations and will soon extradite him to China, the police told Reuters on Monday.

During his unannounced visit, Victor Zhora, the deputy head of Ukraine's State Special Communications Service, told the so-called Black Hat convention on Wednesday that the number of cyber incidents to have hit Ukraine tripled in the months following Russia´s invasion of his country in late February.

They are soaking up losses as they prepare to bid for new licenses in a business that generated $36 billion in revenue in 2019, the last year before COVID curbs slammed the sector. (Reporting by Farah Master and Twinnie Siu; Editing by Muralikumar Anantharaman)

Such a shift would be destabilizing, Peebles noted, because if the average person can make everyday payments through a Fed account, there's less reason to keep an account at a private bank. "That might push private banks away from what they've gradually morphed into today -- this deposit facility -- and send them back to their original task: just providing loans," Peebles said.

According to media reports, She is the chairman of Yatai International Holdings Group, which has made gaming investments in Cambodia, the Philippines and, most recently, developed the $15 billion casino, entertainment and tourism complex in Myanmar's Kayin State called Shwe Kokko.

That's what the digital dollar would promise. CBDCs could bypass the traditional banking system by allowing money to flow directly between parties, just like exchanging cash or transferring funds electronically. 

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