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De-Dollarization Faltering in Africa Because Citizens Lack Confidence in Their National Currencies
7.8.2024
Despite clearly articulating reasons for de-dollarization in the Global South, African leaders will struggle to convince residents to embrace national currencies without changing economic management practices. People often lose confidence in a currency when a central bank excessively prints money...
Feasibility of Trillion-Dollar Platinum Coin Discussed by US Government, FOIA Documents Show
5.8.2024
The trillion-dollar coin, an idea that surged as a solution to raising the U.S. debt ceiling on more than one occasion, was recently revealed to have been considered by the government several times. Memos obtained via FOIA requests by journalist Jason Leopold show that, even though it...
Trump Suggests Paying off $35 Trillion National Debt With Bitcoin — Wants US to Be Leader in Crypto
4.8.2024
Former U.S. President Donald Trump emphasized the importance of the U.S. leading in cryptocurrency, suggesting that the government could pay off its $35 trillion national debt with bitcoin. He described crypto as “a different form of currency” that is already “prominent”...
Trump floats paying off $35T national debt using Bitcoin
3.8.2024
The United States government is adding $1 trillion to the national debt approximately every 100 days, sparking fears of runaway inflation
BlackRock's tokenized BUIDL fund has paid $7M in dividends since March
1.8.2024
According to researcher Tom Wan, tokenized United States Treasury funds could see $3 billion in capital investment by the end of 2024
BlackRock's tokenized BUIDL fund has paid $7M in dividends since March
1.8.2024
According to researcher Tom Wan, tokenized United States Treasury funds could see $3 billion in capital investment by the end of 2024
Senator Lummis Drafts Bitcoin Act to Slash National Debt by Half!
1.8.2024
To combat the rapidly growing national debt and establish America as a powerhouse for financial technology, U.S. Senator Cynthia Lummis has officially introduced in the United States Senate today its plans to inaugurate the Boosting Innovation, Technology and Competitiveness through Optimized...
US Senator Discusses Trump’s Bitcoin Plan and National BTC Stockpile
1.8.2024
U.S. Senator Bill Hagerty has discussed former President Donald Trump’s bitcoin plan, which includes creating a national bitcoin stockpile. The lawmaker expects to see several legislative proposals beyond what Trump announced. He believes this move will establish credibility for the currency...
$35T US national debt could bolster Bitcoin’s adoption as ‘hard money’
31.7.2024
Bitcoin could see a new all-time high due to the looming US federal debt, which surpassed $105,000 for every living person in the country
US Debt Crisis Deepens as National Debt Surpasses $35 Trillion
30.7.2024
The U.S. national debt has exceeded $35 trillion, highlighting the country’s severe fiscal challenges as debates over taxes and spending continue. The Congressional Budget Office forecasts the debt could surpass $56 trillion by 2034, driven by rising expenditures and interest costs outpacing...
US national debt passes $35T — 5 Things to know in Bitcoin this week
29.7.2024
Bitcoin bulls demand a rematch with final resistance below all-time highs to start the week as BTC price upside puts $70,000 back in play
Senator Lummis Proposes Bitcoin Strategic Reserve Bill to Bolster US Economy
28.7.2024
At the Bitcoin 2024 conference, Republican U.S. Senator for Wyoming, Cynthia Lummis, introduced the “Bitcoin Strategic Reserve Bill” aimed at establishing a strong bitcoin reserve to mitigate the national debt and strengthen the economy. The bill proposes converting federal assets...
U.S. Senator Lummis Proposes the U.S. Buy 1M Bitcoin to Reduce National Debt
27.7.2024
RFK Jr. Pledges to Ensure US Government Holds 4 Million Bitcoins as Strategic Reserve if Elected President
27.7.2024
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised significant bitcoin-related changes if elected. On day one of his presidency, he plans to transfer 200,000 bitcoins to the U.S. Treasury and mandate the government to purchase 550 bitcoins daily until a strategic reserve of...
Senator Warren Calls for Tougher Regulations to Combat National Security Risks From Foreign Crypto Mines
27.7.2024
Senator Elizabeth Warren has called for stricter regulations to address the risks of foreign-owned cryptocurrency mining facilities in the U.S. She highlighted the environmental and national security threats, especially from Chinese-owned operations, and stressed the importance of stronger laws...
Foreign crypto miners could be spying on US bases: Elizabeth Warren
26.7.2024
Senator Warren has lambasted foreign-owned crypto miners in the country, saying they’re loud, hot, and “suck up a ton of electricity, which can crash the power grid.”
Russia-Linked Banknotes Blamed for Libyan Dinar Plunge
26.7.2024
The Libyan dinar’s recent devaluation has been blamed on a flood of illicit banknotes exchanged for U.S. dollars. A report identified the Russian state money printer as a potential source of the banknotes, which the Central Bank of Libya has labelled counterfeit. Russia Linked to Illicit...
HSBC Australia to block all payments to crypto exchanges, citing scams
25.7.2024
At least six big Australian banks have taken such action now — a trend one industry executive says is stripping Aussies of their “financial rights” to participate in the digital economy
Kamala Harris could be ‘far more open’ to crypto business, Mark Cuban says
23.7.2024
Kamala Harris’ campaign team is reportedly seeking input on crypto policy ahead of the Democratic National Convention
Latam Insights Encore: Bukele Pushes Controversial Substitution of National Products Policy To Fight Inflation, Offers Free Coffee on Top
22.7.2024
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we discuss the import duties exemption measure President Nayib Bukele pushed for and passed in Congress and its possible effects on El Salvador....