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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
Father of JOBS Act: US Digital Dollar is Inevitable, No One Wants Chinese Currency
12.6.2020
Father of the JOBS Act does not believe there will be any demand for the Chinese digital currency
Congressman Calls Digital Dollar Hearing 'Encouraging,' but Look Out for Privacy
12.6.2020
Congressman Warren Davidson recaps yesterday’s hearing on the digital dollar, which seemed to reach new consensus across party lines — but the devil is in the details
Blockchain Bites: Designing Digital Dollars and Following the Quadriga Trail
12.6.2020
The Ontario Securities Commission says QuadrigaCX, an infamous Canadian exchange, was a Ponzi scheme, while the National Science Foundation is issuing a grant to design a national digital currency
Belarusian Banks to Issue Digital Tokens in Central Bank Pilot
12.6.2020
Belarus’ central bank will allow 12 commercial and state-owned banks to launch tokens and conduct business using their digital offerings in an ambitious new pilot.
The central National Bank’s plans, per Sputnik Belarus, will involve a pilot that will run from January 1, 2021, to January 1, 2024...
Crypto Hedge Fund Managers: Ether More Like ‘Digital Tungsten’
12.6.2020
According to Exponential Investments crypto fund managers, Ether is digital tungsten to Bitcoin's gold
National Science Foundation Funds Research Into Crypto Dollars
12.6.2020
The National Science Foundation has given blockchain startup KRNC $225,000 to design cryptocurrency features for the U.S. dollar
Bitpay Reveals Crypto-to-Fiat Prepaid Mastercard, Firm’s Flagship Visa Card Ends in December
12.6.2020
On June 11, 2020, the cryptocurrency payment services provider, Bitpay announced the firm is launching a prepaid Mastercard that can be loaded with a variety of digital assets. The Atlanta-based company says the card can be spent anywhere Mastercard is accepted and users can “instantly...
Non-Monetary Bitcoin Use Cases: Virtual Power Plants & Digital Identities
11.6.2020
Visualization by Layer1. Bitcoin (BTC) is proving to be not only a monetary technology, as entrepreneurs find new applications in an increasing number of areas. This week, Brandon Arvanaghi, Layer1 Technologies Chief Security Officer (CSO), explained how Bitcoin is used to stabilize electrical...
Congress Weighs Digital Dollars for Aid After Stalled COVID-19 Stimulus Payments
11.6.2020
In the aftermath of disappointingly slow COVID-19 stimulus payments, Congress hears testimony on using digital dollars to upgrade the U.S.’s legacy financial infrastructure
Mutual Fund Giant Vanguard Wraps Phase 1 of Digital Asset-Backed Securities Pilot
11.6.2020
Vanguard worked with blockchain startup Symbiont, BNY Mellon, Citi, State Street and others to model the full lifecycle of digital ABS settlement
Custody Provider Copper Joins Think Tank to Bridge Gap Between Traditional Finance and Crypto
11.6.2020
Crypto custodian Copper is joining the Official Monetary and Financial Institution Forum's new think tank to discuss how central banks are evaluating digital currencies
Bakkt and Galaxy Digital Team-Up on New Institutional Offering
11.6.2020
Galaxy Digital’s trading engine will be paired with Bakkt’s custody services in a collaborative effort to meet institutional demand for Bitcoin
Wall Street’s Digital Token Broker tZERO Posts Record Growth
11.6.2020
Overstock’s shares are up 8% following the announcement of record activity on its tZERO security token exchange
East Asia Digital Token Initiative Inspired by Facebook’s Libra Plan
11.6.2020
Policymakers in China have suggested creating a joint Japan-China-South Korea-Hong Kong digital currency that would function in a manner not unlike Facebook’s original plan for the Libra project.
Per Seoul Daily, 10 members of the National People's Congress – the biggest and most powerful...
80% of US and European Institutional Investors Find Cryptocurrency Appealing: Survey
11.6.2020
A new survey of about 800 institutional investors in the U.S. and Europe shows strong cryptocurrency adoption, particularly bitcoin. About 80% of institutions said they find cryptocurrency appealing, and 60% believe cryptocurrencies have a place in their portfolios. Crypto Appeals to 80%...
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
Coinbase Exploring Support for 18 New Digital Assets
11.6.2020
Coinbase has announced the exchange is exploring support for 18 new digital assets including VeChain, Synthetix and DigiByte
A Vision for Digital Property Rights, Feat. Nic Carter
10.6.2020
Most people today look at social platforms like any other private company, but what if we saw them as alternative jurisdictions with a new set of property rights?