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Geopolitical Crisis May Benefit Oil, Gold and CBDCs, Not Bitcoin
26.3.2020
Demand for gold is skyrocketing and the clamor for scarce assets in a remote-first world was precisely where bitcoin was supposed to shine. But it's complicated
Stakeholders Join Former CFTC Royalty on New Board Promoting a Digital Dollar
26.3.2020
Digital Dollar Project adds 22 experts to new advisory board to join former CFTC leaders in promoting the dollar’s digitization
Chris Giancarlo’s Digital Dollar Project Names Ex-Treasury, CFTC Officials to New Board
26.3.2020
The Digital Dollar Foundation has tapped a number of former government officials and industry experts as advisors as it looks to design and promote a U.S. CBDC
Bitcoin Fares Well Against Fiat Currencies, but It’s in a Class of Its Own
26.3.2020
Experts don’t see merit in establishing correlations between Bitcoin and fiat currencies, as the latter are routinely manipulated by central banks
The Overton Window Opens for a Digital Dollar
25.3.2020
As the federal government looks for ways to distribute coronavirus aid, support for a digital dollar is gaining steam in Washington D.C
$2 Trillion for Surveillance Capitalism – US Government Promises $1,200 to Every American
25.3.2020
On Wednesday, U.S. Congressional leaders had seemingly come up with a stimulus deal at around 1 a.m. EST. The package will cost upwards of $2 trillion and politicians are promising direct payments of $1,200 per American if they make $75,000 or less. The dollar injection will be the largest...
Shelter-in-Place for Cash? 2 Bills Submitted by US Congress Mention ‘Digital Dollars’
24.3.2020
During the last few days, members of the U.S. Congress have been trying to pen a stimulus plan to help the American economy. Since then, a few bills have been submitted by representatives and two particular proposals House democrats have tabled talk about a “digital dollar”...
The Pandemic Gives Digital Currencies Another Chance to Shine
24.3.2020
Which digital currencies , if any, are useful in a crisis, asks a Marcelo Prates, a lawyer with the Brazilian central bank. CBDCs, bitcoin, or maybe Libra?
US Senate Floats ‘Digital Dollar’ Bill After House Scrubs Term From Coronavirus Relief Plan
24.3.2020
A draft bill posted Tuesday to the U.S. Senate Committee on Banking, Housing, and Urban Affairs defines a "digital dollar" and details how it might be maintained
In US COVID-19 Stimulus Bill, Hope not Lost for Digital Dollar
24.3.2020
U.S. congress sees a new COVID-19 stimulus bill stripped of mention of the digital dollar, but at least one Senator is trying to bring it back
‘Digital Dollar’ Stripped From Latest US Coronavirus Relief Bill
24.3.2020
The latest version of a U.S. House bill to stimulate the economy during the coronavirus pandemic no longer includes any language around a digital dollar, though a Financial Services Committee bill still does
Another US Digital Dollar and Wallet Proposed as Stimulus During Pandemic
24.3.2020
In the midst of rising business shutdowns and unemployment rates in the U.S., which may lead to a nationwide, as well as a global recession, House Democrats have put a draft stimulus on the table - and it includes the creation of a "digital dollar" and a "digital dollar wallet"...
In COVID-19 Stimulus, US Congress Eyes Digital Dollar to Send Aid to the Unbanked
23.3.2020
In draft COVID-10 stimulus bill, US Congress considers digital dollar to distribute aid package to Americans outside of traditional financial systems
House Stimulus Bills Envision ‘Digital Dollar’ to Ease Coronavirus Recession
23.3.2020
Proposed legislation meant to shore up the U.S. economy during the coronavirus pandemic includes a recommendation to create a digital dollar
The Multi Trillion-Dollar Stimulus Package: These Are the US Corporations Begging for Bailouts
23.3.2020
The coronavirus outbreak has caused considerable damage to the global economy and this week the U.S. is facing the onslaught of the scare. As Republicans and Democrats battle in congress over a 2020 stimulus plan, corporate industries are leaping at the chance to get a bailout. While the Fed tosses...
Cardano Chief Compares US Dollar to OneCoin Scam as Fed Keeps Printing
23.3.2020
The Federal Reserve’s mandate to print infinite amounts of new money has similarities to OneCoin scam, according to Cardano chief
Chrono Tech Launches Australian Dollar Stablecoin in Spite of ‘Big Four’ Banks
21.3.2020
The man behind the new Aussie dollar stablecoin, said the big four banks were not “allowed” to hold the fiat reserves for the cryptocurrency
U.S. Government Extends Daily Trillion Dollar Repo, Again Dwarfing Crypto Market Cap
20.3.2020
The U.S. Fed has extended its trillion-dollar injection efforts through March — a giant sum compared to all the money invested in crypto
Bitcoin Rallies as Fiat Currencies Drop Against the U.S. Dollar
19.3.2020
After a major market crash last week, bitcoin (BTC), the most popular cryptocurrency, at least today is somewhat showing its power as a hedge against risks inherent in fiat currencies and the broader financial system.
Trading up 12% over the past 24 hours as of press time (USD 5,772 at 12:41...
Dollar-Backed Stablecoins Are Holding Their Own Amid Coronavirus Chaos
18.3.2020
As the global equities markets continue their free fall, stablecoins seem to be weathering the storm