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Indian Government Confirms Crypto Bill Is ‘Awaiting Approval’

31.7.2020
The Indian government has confirmed in a Right to Information (RTI) reply that the inter-ministerial committee’s cryptocurrency bill is “awaiting approval of the government.” The bill is currently being examined by various ministries. Indian Government’s Confirmation...

Stimulus Is Failing: Global Banks to Break Support Levels, US Dollar Plummets to 2-Year Low

31.7.2020
Central banks worldwide have injected further stimulus into the economy, as European Union (EU) leaders recently approved a $2.1 trillion budget, the Bank of England boosted stimulus injections in mid-June, and the Federal Reserve announced on Wednesday that it would keep lending until the end...

Federal Reserve Keeps Rates Close to Zero, Continues Buying Treasuries

29.7.2020
The Federal Reserve said Wednesday that it would hold benchmark U.S. interest rates close to zero and continue buying Treasury bonds to support the coronavirus-devastated economy

Senate Hearing Sees Digital Dollar as a Tool for Economic Supremacy

23.7.2020
The digital dollar again appeared during a Senate hearing. However, it wasn't the focus of the hearing, but rather just another tool that can be used to maintain U.S. hegemony

CFTC Committee to Hold Remote Meeting on DLT and Digital Currencies

15.7.2020
An upcoming U.S. Commodity Futures Trading Commission, or CFTC, advisory group meeting will host talk on a number of topics, including Distributed Ledger Technology, or DLT, digital assets and trading

US Senators Float Bill Requiring Congressional Watchdog Study Crypto’s Role in Trafficking

1.7.2020
Top members of the Senate Banking Committee plan to introduce legislation that would direct the congressional watchdog to study virtual currency’s role in drug and human trafficking

Senate Banking Committee Remains Open to Idea of Digital Dollar in Tuesday’s Hearing

1.7.2020
While not every lawmaker was on board with the idea of a central bank digital currency during a Senate Banking Committee hearing Tuesday, no one explicitly rejected it either

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

Infosec Exec Urges US Lawmakers to Tighten Crypto Regs Over Pandemic-Driven Scams

18.6.2020
Cryptocurrencies should be regulated more stringently, a VMWare security executive told U.S. lawmakers, citing a rise in cybercrime during the pandemic

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

Fed Chair Powell Warns of ‘Unsustainable’ Budget as US National Debt Crosses $26 Trillion

17.6.2020
In his testimony before the Senate banking committee, Federal Reserve Chairman Jerome Powell warned Congress that the U.S. federal budget has been on an unsustainable path for years. He added that the U.S. economy is facing a deep downturn with “significant uncertainty.”...

US Financial Services Committee Hearing Discussed the Creation of a ‘Digital Dollar’

12.6.2020
On June 11, 2020, the United States Congress Financial Services Committee held a remote hearing about the creation of a “digital dollar.” A number of well known individuals participated including the former Chairman of the U.S. Commodity Futures Trading Commission, Christopher...

Digital Dollar? Get Real, Financial Inclusion Advocates Tell Congress

12.6.2020
Currently just a flashy idea, the digital dollar is competing with duller but proven methods for the job of getting stimulus funds to every U.S. resident

Bitcoin Stuck Below $10K as Stocks Drop

11.6.2020
With the Fed dashing hopes of a V-shaped recovery, it's uncertain whether bitcoin will become a store of value or begin to track stocks

WATCH: US Lawmakers Will Talk Digital Dollar, FedAccounts in Thursday Hearing

11.6.2020
The “digital dollar” concept will take the spotlight Thursday as House Financial Services Committee members discuss how best to issue stimulus funds

Japanese Finance Minister Shoots Down Plan to Cut Bitcoin Tax to 20%, Cites Crypto-Divide

4.6.2020
Japan’s finance minister Taro Aso says he is opposed to reducing tax on bitcoin income to 20%, on par with stock dividends, arguing that most Japanese households find it difficult to invest in digital assets. The development suggests that Japan will uphold its current definition...