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Australian Crypto ETF, Digital Dollar Pilots, MetaMask Phishing Bot + More News
3.5.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investments news
The Australian Securities Exchange is reviewing a number of applications for a cryptocurrency-based exchange-traded fund (ETF)...
Federal Reserve Bank President Says Bitcoin Is Clearly a Store of Value
20.4.2021
The Federal Reserve Bank of Dallas president says bitcoin is clearly “a store of value.” Emphasizing the differences between cryptocurrencies, like bitcoin, and central bank digital currencies, he said the latter “won’t necessarily be a store of value.” Fed Bank Chief...
Bahamas ranked first for retail CBDC development, according to PwC
19.4.2021
Countries like the Bahamas and Thailand are on the leading edge of CBDC development, according to a new research report
US Government Concerned China’s Digital Yuan Could Threaten Dollar as the World’s Dominant Reserve Currency
13.4.2021
The U.S. government is reportedly concerned that China’s digital yuan could threaten the U.S. dollar’s status as the world’s dominant reserve currency. Officials at the Treasury, State Department, Pentagon, and National Security Council are increasing their efforts to understand...
Bitcoin Bull Mike Novogratz Warns of ‘Existential Crisis’ if the US Fails to Create Digital Dollar
12.4.2021
Mike Novogratz, the CEO of Galaxy Digital and bitcoin bull has warned that the United States’ failure to have its own digital currency could be an “existential crisis.” However, the CEO says the country’s fate is still in its hands. Novogratz made these comments a few days...
The Fed Plans to Unveil Digital Dollar Prototypes in July
28.3.2021
The Federal Reserve is actively working on a central bank digital currency and some prototypes are near completion. The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) plan to unveil two prototypes of a digital dollar as early as July. Digital Dollar Prototypes...
Former OCC official says crypto has backing but dollar ‘may not’
26.3.2021
Former OCC acting comptroller Brian Brooks claimed that cryptocurrencies like Bitcoin “actually are backed by something.”
Catalytic event or unbridled optimism? Coinbase approaches public listing
26.3.2021
Is a $100-billion valuation justified? Profit margins could tighten with increased competition
Ethereum ETF, Preconditions For Digital Dollar, Mt. Gox Voting + More News
25.2.2021
Source: iStock/Ivan-balvan
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investments news
CI Global Asset Management said it has filed and obtained a receipt for a preliminary prospectus for...
Fed chair says it's up to Congress to bring a digital dollar to market
24.2.2021
Jerome Powell added that the Federal Reserve needed to consider the health of other markets when creating a digital currency
The Fed Is Carefully Examining Digital Dollar — Chairman Jerome Powell Says ‘Very High Priority Project for Us’
24.2.2021
Federal Reserve Chairman Jerome Powell has provided an update on the progress of a digital dollar. He confirmed that it is a “very high priority project” for the Fed, and agrees with U.S. Treasury Secretary Janet Yellen on the benefits of issuing a digital dollar. The Fed Is Looking...
US Treasury Secretary floats idea of digital dollar maintained by the Fed
22.2.2021
She still questioned how regulators would "manage money laundering and illicit finance issues" with digital currencies
Report urges US government to focus on blockchain, crypto and a ‘digital dollar’
16.2.2021
Will the new Biden–Harris administration be able to enforce a technology strategy focused on blockchain, cryptocurrency and digital assets?
Ex-CFTC Chair Christopher Giancarlo Stumps for Digital Dollar
12.2.2021
"Crypto dad" made his case for the next evolution of America's greenback
US Fed: CBDC a ‘very high priority’ to combat bad private sector money
15.1.2021
The United States Federal Reserve needs its own digital currency to protect against a possible overnight proliferation of stablecoin technology, says Fed chairman Jerome Powell
What Is a CBDC?
4.12.2020
A CBDC is a central bank digital currency, a new type of money governments are experimenting with that often has blockchain at its core
Hedge Fund Manager Brian Kelly Says Increasing Institutional Interest in Bitcoin Down to its Fixed Supply
14.11.2020
Hedge fund manager Brian Kelly says the surging number of institutional investors owning bitcoin is down to the digital currency’s core value proposition- a fixed coin supply. On the other hand, the same institutional investor interest is helping to build confidence in the top cryptocurrency...
US central banker urges digital dollar development
10.11.2020
FOMC member Robert Kaplan believes the Fed should prioritize creating a digital dollar
'The Most Crucial Question' on Digital Dollar According to Fed
10.11.2020
Economists at the Federal Reserve, the United States’ central bank, have concluded that research into central bank digital currencies (CBDCs) fails to show that CBDCs are a silver bullet, leaving “many questions” to be answered – another hint that the Fed will not be rushed into the issuance of...
Debate Rages on Whether a Digital Dollar Will Unleash Inflation
9.11.2020
Some speculate that if the Fed implements a digital dollar, soaring inflation will soon follow