Bust Down Star And Stand-up Comedian Jak Knight Dies At 28

Privacy concerns over CBDCs The primary concern over a government-issued digital dollar centers on privacy, particularly when it comes to the issuance of Federal Reserve accounts. The US government could track all citizens' purchases through an e-wallet, giving the Fed an account of everything we do and eliminating space for unsurveilled monetary exchange, according to Peebles. 

If the US government monitors everything you buy -- from milk at your local store to poker chips during your next casino trip -- there's potential for abuse. "All sorts of profiling could emerge out of that, and hackers might deem that database to be quite valuable, too," Peebles said. "So you could picture predatory marketing to the elderly, for example, if the data got out."

Despite a steady fall in infections that saw just 27 new cases reported on Sunday, authorities said the city's more than 600,000 residents must stay home, with all non-essential businesses shut, until Friday.

That inquiry is vetting proposed casino laws that would force operators to self-report legal breaches, expand the government's power to gather information about casino operations and impose penalties of up to $50 million for breaches.

Solomon Georgio posted: ' I don't know what to say. I met Jak Knight when he was a teenager. I'll never forget the weekend me, him and Mo Welch did a casino show for a bunch of Trump voters. One crowd was especially hateful and he didn't hold back a single punch.'

'I don't know what to say about Jak Knight that he wouldn't make fun of me for,' wrote writer and actor Dani Fernandez. 'But you were so incredibly loved and respected. There will never be anyone quite like you.'

But as cryptocurrencies gain in popularity, grabbing an increasing share of the global financial pie, governments have taken notice, and now many of them are exploring how to get a piece of the action. One possibility is what's known as a CBDC, or a central bank digital currency.

"Certainly we've obviously focused on remediation steps that we can do when we have any breaches or anything that occurs, and it's been a focus for us. I'm not aware of any fines," he told a parliamentary inquiry on Monday.

The market currently expects that the central bank will raise the Fed funds futures rate by 75 basis points in its latest salvo against red-hot inflation, a tactic which some fear could tip an already cooling economy into recession.

"We´re hoping for a slowdown, which would put the Federal Reserve in a softer stance, but on the other hand, there are lots of reasons to believe inflation could stay high and the Fed will remain aggressive."

exchanges was 9.33 billion shares, compared with the 12.92 billion average over the last 20 trading days. (Reporting by Stephen Culp; additional reporting by Amruta Khandekar and Shreyashi Sanyal in Bengaluru Editing by Marguerita Choy)

"We've been focusing on improving our policies now over the last three or four years, once we realised there were some gaps in what we're doing that would apply in both areas, and committed to fixing those and addressing those which we've done over the last four years," he said.

When asked if he was confident activities and concerns raised in the NSW inquiry into Star had not occurred in Queensland, Mr Hogg said the company was working to improve its anti-money laundering policies.

HONG KONG, July 18 (Reuters) - Macau kicked off an 11th round of COVID-19 testing for residents on Monday, as the world's biggest casino hub extended a lockdown of casinos and other businesses in the fight on its worst outbreak since the pandemic began.

Comedian James Adomian heaped praise on his colleague: 'Whenever I was on a lineup with Jak Knight, I knew it was going to be a wildly funny night,' he began, adding, 'Always loved watching him over the last decade. He was winning big, all of it well deserved, so witty and memorable every moment onstage and off. A painful loss to comedy.'
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Crushed by the passing of Jak Knight,' Max Silvestri shared. 'Watch Bust Down NOW. I was lucky enough to spend years writing with and for Jak, and we taped our Netflix sets the same night. Such a f***ing funny, surprising, kind, weird, singular talent. My heart goes out to his family and loved ones. 

Later in the week a raft of economic data - including consumer prices, retail sales and factory output - should provide a glimpse of the extent to which inflation has peaked and the economy has cooled down as the Federal Reserve moves closer to next week's policy meeting, which is expected to culminate in the second straight 75 basis point interest rate hike.

"Currencies throughout history can either be issued by the public or by private entities, and what crypto has shown us or has delivered is a reignition of an age-old fight between private and public currency issuance," said Peebles. "Central bankers suddenly got blindsided; and so, a central bank digital currency is central bankers trying to hold on to their monopoly over currency issuance in the face of erosion of that monopoly."

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