🕷The US Federal Reserve is thinking of its digital currency 😳❗Twitter launches Spaces tickets in the next two weeks 🤨❗And Spotify allows you to download songs via Apple Watch😍…

22.05.2021 at 10.00 pm

by OTTO M YASSINE

🕷 Hi guys, how are you today.? your Cup Coffee and let’s start our latest Tech News:

The Federal Reserve of the United States has announced plans to publish a research paper on digital currency growth.

In a video message, Federal Reserve Chairman Jerome Powell said, « The aim is to gather public comment and have the United States play a leading role in creating international standards. »

The Fed will release a discussion paper this summer that discusses our current thinking on digital payments, with a particular emphasis on the benefits and risks associated with digital central bank currencies in the US context, in order to help spark widespread discussion.

The US Federal Reserve is seeking public input on topics such as payments, financial inclusion, data protection, and information security as part of this process.

The Fed intends to investigate how central bank digital currencies or central bank digital currencies fit into the US banking structure, and the announcement transforms the digital dollar idea from a small research project into something potentially bigger.

Meanwhile, the Fed is likely to try to speed up work on a potential US digital currency, despite the fact that other countries, especially China, are making steady progress toward this target.

Last December, China announced that some users would be able to use their digital yuan to participate in a lottery-style experiment.

In addition to being a medium of soft power globally, the digital currency is seen as a way for China to improve its monetary system.

To that end, Powell said that, although the US has not drawn any conclusions about the digital currency, it is expected to take the lead in establishing international standards for central bank digital currencies.

But, he said, this takes time because the decision necessitates due consideration and analysis from the public and elected officials.

Governments are mobilizing to expand oversight of cryptocurrency assets as central banks investigate digital currencies.

But, he said, this takes time because the decision necessitates due consideration and analysis from the public and elected officials.

Governments are mobilizing to expand oversight of cryptocurrency assets as central banks investigate digital currencies.

A significant portion of the regulatory issue surrounding digital money is tax-related.

The IRS improved its ability to monitor taxpayers who own cryptocurrencies this year by looking into the activities of digital currency platforms and attempting to seize tax evaders’ assets.

In the latest sign of looming regulatory measures for cryptocurrencies, the Treasury Department announced that any payment of $10,000 or more will be required to be disclosed to the IRS.

According to the Treasury Department, the overall difference between taxes paid and owed was approximately $ 600 billion in 2019, and could grow to $ 7 trillion if not tackled.

The Treasury Department has cautioned that cryptocurrency presents a significant problem in terms of disclosure because it facilitates illicit activity, such as tax evasion.

🕷Let’s leave the US now and let go to China Guys:

According to a government cabinet statement made three days after regulators announced their ban on digital tokens in financial transactions, China is working to crack down on Bitcoin mining, which may put further strain on the cryptocurrency industry following the global sale last week.

According to a statement released by the Financial Stability and Development Committee of the State Council, led by Vice Premier Liu He, the Chinese president’s chief representative for economic and financial affairs, the government is cracking down on Bitcoin mining and commercial activity, resolutely preventing the transfer of individual risks to society.

According to figures from the Cambridge Bitcoin Index of electricity use, China is the world’s largest cryptocurrency mining location, accounting for 65 percent of the Bitcoin hash rate, a unit of computing power that the Bitcoin network uses to validate transactions and mine new tokens for cryptocurrency.

Following the commission’s announcement, bitcoin prices dropped as low as $ 33,550 before rising to $ 37,500.

The latest remarks from billionaire businessman Elon Musk, CEO of electric car giant Tesla, have exacerbated the uncertainty of cryptocurrency prices.

Three state-backed Chinese financial societies released a joint alert about the threats raised by volatile cryptocurrencies earlier this week, prompting the latest move against Bitcoin mining.

Snapchat camera helps you in shopping❓

🕷 Yes, Snap announced a slew of changes at its annual Partner Summit event that are changing how content creators and brands use the app.

Many new shopping features, such as virtual reality experience providers, as well as a new gifting tool for content creators, are included in the updates.

Snap included a range of tools to make shopping in the app more convenient for consumers.

Snapchat’s scanning feature, which enables users to scan food labels and Amazon items with the app’s camera, is expanding its shopping options.

When wiping an outfit, a feature called Screen Store suggests clothing products.

The company is also focusing on improving its virtual reality capabilities, which allow users to try on different outfits, shoes, and makeup.

Snapchat has experimented with similar features in the past, but the most recent update now allows users to monitor their interactions using voice commands and gestures.

The first app allows users to search and purchase Poshmark e-commerce platform items, while the Ticketmaster app allows friends to find upcoming deals and purchase tickets together.

🐦Twitter continues to intensify its focus on monetization ❗😅

Yes hero, By adding a new option that allows users to create paid Spaces events, this provides another way to generate revenue from your efforts across the platform.

Twitter is getting ready to launch the Spaces Ticket feature, so it’s showing off what users will expect when hosting their first paid chat room.

Users in the United States will be able to register for paying live audio rooms in the next two weeks.

Anyone interested in charging must have at least 1,000 followers, have hosted three live voice rooms in the previous 30 days, and be at least 18 years old.

Twitter has collaborated with Stripe to manage payments, and it claims that consumers will receive 80% of the revenue after Apple and Google charge in-app purchases.

The remaining 80% goes to you, and the remaining 20% goes to Twitter, which claims that these payments cover Stripe’s transaction fees.

According to a Twitter spokesperson, initial requests are handled in a few weeks after they are sent, and the team expects to start with a small test batch.

For the time being, only US users will be able to host these live sound rooms for tickets, but anyone from anywhere in the world can buy entry.

And Spaces has recently begun allowing anyone with more than 600 followers to host and schedule events, and the company says it is focusing on shared Spaces as well.

In addition to introducing the communities feature, Twitter revealed that it is planning the Super Follows feature, which allows people to pay for additional content, and it is also planning the live voice function.

Twitter may also offer a larger subscription product called Twitter Blue, which may allow people to pay for additional features, such as the ability to undo Tweets.

Although the Twitter product has been stagnant for years, the company issued a succession of consumer product ads in the past year, in an effort to diversify its revenue.

According to Spotify, the company also added the ability to download playlists, songs, and podcasts through Apple Watch in order to listen to them offline.

The platform has made the long-awaited feature a reality, allowing users to download songs from the Apple Smart Watch and listen to them directly via the headset through Bluetooth broadcasting.

Users can listen to 96 kbps audio, add and remove Spotify content on their phones, and sync with the watch.

You can download songs or podcasts by searching for them on the Apple Watch, then selecting Download via Apple Watch from the three dots menu.

In the Downloads section, you will see how far you’ve progressed, and any downloaded tracks will have a green arrow next to their names.

In its news release, the company said: The ability to download music and podcasts complements the existing feature of being able to broadcast your favorite lists from the watch, and now you don’t even have to take your phone with you.

The ability to stream music and podcasts complements the current functionality of being able to broadcast your favorite lists from the watch, and now you don’t even have to take your phone with you, according to the company’s press release.

In November, Spotify introduced the ability to stream music from the Apple Watch, but the Apple Watch was also used as a remote control to play Spotify music from an iPhone or other Spotify Connect compatible device.

Spotify’s Apple Watch app was released for the first time in 2018.

Starting Friday, the offline feature will be available on Apple Watch Series 3 and later running WatchOS 6.0 or later, with WatchOS 7.1 and later being suggested.

Spotify Premium memberships range from $ 9.99 per month for a single account to $ 15.99 per month for a family plan, with a student account option available for $ 4.99 per month.

Deezer, a music-streaming site, beat Spotify to the punch earlier this year when it added the ability to download music from the Apple Watch smartwatch app.

Also this week, Spotify said: It is launching a new feature to allow Google’s wearable devices to download and listen to music offline, without the need for a companion phone.

The company’s product manager for wearables said during the keynote speech at the annual Google Developers Conference: This feature has not yet been released, but it is under development.

🤡And SLAK❓ hhh hhh hhh

😅😅 Ok Joker, Slack, the online communication site, seems to have eventually addressed one of the most vexing issues in both its web and smartphone versions.

Slack has introduced a small new feature that allows you to check a box in the same list to interrupt updates when the state is switched on, such as being in a meeting or out of the office.

When on a conference call, interviewing, or even when out of the office, this update can prevent users from being pressured or interrupted by pop-ups and warnings.

Previously, turning off notifications in Slack involved scrolling through a separate menu, but now users can easily toggle alerts on and off with this new feature.

This feature is currently rolling out to all users, so you should see it soon, according to the company.

And if you want to know if you’ve got it, go to the « Set a status » menu, type something in the « What’s your status? » Field, and then look under the « Clear after » menu.

You should see a checkbox titled “Pause notifications”, and when you choose it and save your status, you will not receive notifications while the status is activated.

The company has introduced a number of upgrades and updates to Slack in recent months as it looks to keep up with competitors such as: Google Workspace and Microsoft 365.

🕷 Ok Guys, my cup of Coffee is over☕😂! See you on the next reviews and Tech news….🙈

🤡😂 I Love Coffe and i love your Magazine Man! hhhh hhh hhhh See you soon…💪