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Digital Dollar Take Center Stage in Hearing Before US Senate
30.6.2020
Issues like financial inclusion and competition with China propelled a hearing on digital dollars before the U.S. Senate today
Professor Shoots 6 Questions At Digital Dollar Champions
30.6.2020
While the digital dollar advocates stress benefits of this new form of money, Duke University Visiting Professor of Law Nakita Cuttino urges to be more critical.
“Congress must critically review innovations like CBDCs [central bank digital currencies] and stablecoins to ensure novel forms do...
Canada's Digital Dollar Should Focus on Inclusion and Accessibility, Say Experts
30.6.2020
Experts from the Bank of Canada have released their thoughts on how a digital dollar should be available to all Canadians
California University Pays Million-Dollar Crypto Ransom
30.6.2020
The University of California at San Francisco has paid a million-dollar ransom following unsuccessful negotiations with a ransomware hacker group
Witnesses Will Vouch for Stablecoins, Digital Dollars in US Senate Hearing Tuesday
30.6.2020
Witnesses will discuss stablecoins and tokenized dollars during Tuesday's Senate Banking hearing on the digitization of money
Why Bitcoin Will Take a Long Time to Dethrone the Dollar
29.6.2020
If history is a guide, the dollar's reserve currency status can withstand a lot of bad policymaking. Bitcoin may rise, but it could take a while
Self-Proclaimed Satoshi Claims He’s Autistic, Judge Tosses Out Sanctions Against Craig Wright
26.6.2020
The Kleiman v. Wright case is seemingly headed to trial on July 6, 2020, after Judge Beth Bloom ruled against the Kleiman’s attempt to levy sanctions against Craig Wright, the man who claims to be Satoshi Nakamoto. It seems Wright has claimed that a licensed clinical psychologist diagnosed...
Bank for International Settlements Calls CBDCs a Potential ‘Sea Change’
24.6.2020
The leading global central bank institution has published new research on central bank digital currencies, noting a major shift in their direction thanks to Libra as well as COVID-19
Ransomware Gang Seeks Million Dollar PayDay
23.6.2020
NCC Group revealed that a ransomware variant is now asking for million dollar ransoms
Average Price of Bitcoin More Than Quadrupled Between Reward Halvings
23.6.2020
Investing in bitcoin has been somewhat of a phenomenon, as millions of individuals have invested funds into the crypto-economy since at least 2010. One specific and lucrative method of investment is dollar-cost averaging. If an individual was to invest $10 a week into purchasing bitcoins since July...
Cambodia Plots a Dollar-Free Future With Blockchain-Based Payments: White Paper
19.6.2020
Cambodia's central bankers are riding their hopes of de-dollarization on a national payments blockchain: Project Bakong
Dollar Crash Imminent, Former Morgan Stanley Chief Economist Stephen Roach Predicts
18.6.2020
Stephen Roach, former chief economist at Morgan Stanley, has predicted that a dollar crash is coming, forecasting a 35% drop in the dollar’s value against other major currencies. He expects the U.S. national savings rate to sink deeper into negative territory than it has ever done before....
US Fed Chair Says Private Entities Should Not Help Design Central Bank Digital Currencies
17.6.2020
Federal Reserve Chairman Jerome Powell said he believes central banks would have to design and implement CBDCs, not private entities
New Head of US Bank Regulator Talks Bringing Crypto to DC With Cointelegraph
17.6.2020
New acting head of U.S. bank regulator talks about innovation expands financial inclusion and the government’s role in building frameworks for crypto
China Considering East Asia Regional Cryptocurrency to Rival Dollar and Libra
17.6.2020
China comes up with yet another crypto-related plan to take on the hegemony of the U.S. dollar in international payments
Layer 2 Will Make Bitcoin as Easy to Use as the Dollar, Says Kraken CEO
17.6.2020
Kraken CEO Jesse Powell told Bloomberg in a recent interview that Bitcoin would surpass gold as a store of value in the long-term
Crikey! Kraken Launches Support for Aussie Dollar Trading Pairs
17.6.2020
Kraken has launched support for trading and funding in AUD six months after acquiring veteran Australian crypto exchange Bit Trade
Limitless Bailouts: US Federal Reserve Announces Billion-Dollar Corporate Bond Purchase Program
16.6.2020
During the last three months, the U.S. Federal Reserve has created a system of monetary avarice, as the central bank can literally do whatever it wants with zero oversight. The American public recently witnessed the Fed’s announcement on Monday, which explained the central bank will be buying...
Father of JOBS Act: Gov’t Was Concerned Libra Could Displace Dollar
15.6.2020
The father of the JOBS Act would be happy to help Telegram with an IPO if the company chooses to revert to a traditional fundraising model
Bitcoin-Friendly Top US Banking Regulator Aims to Solve Banks’ Problems With Decentralization
14.6.2020
The new top banking regulator for the Trump administration sees “huge and great promise” in cryptocurrency. Focusing on decentralized networks, bitcoin, and rewriting existing regulations, he shares his views on cryptocurrency and the creation of the digital dollar. Top US Banking...