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$2,000 a Month: US Lawmakers Propose Basic Income for Americans to Cope With Covid-19 Economy
16.4.2020
Democrats from the House of Representatives have introduced legislation that would pay eligible Americans $2,000 a month until U.S. unemployment numbers return to pre-covid-19 levels. Under the proposal, any American citizen 16-years or older making less than $130K per year would receive monthly...
JPMorgan, Bank of America, Deutsche Bank Predict Major Recession
11.4.2020
Big banks are predicting a major recession, the deepest one in the post-war era. JPMorgan Chase CEO Jamie Dimon said his bank cannot be immune to the resulting financial stress while Bank of America expects the U.S. economy to “collapse” and Deutsche Bank has forecasted a severe global...
Blockchain App Used to Track COVID-19 Cases in Latin America
6.4.2020
To prevent the spread of the coronavirus in Latin America, blockchain startup Emerge is working with authorities to release a tracking app
Corporate America Knows the Bailout Is Baked In
3.4.2020
Corporate America has embraced fragility, says Nic Carter. Its business model depends on a bailout
As Governments Rush to Track Coronavirus, Honduras May Offer a Privacy-First Model
2.4.2020
A blockchain startup working in Honduras may show world governments how to limit surveillance overreach while still fighting the deadly coronavirus
Printing Money from Thin Air – How the Fed Reduces Purchasing Power and Makes You Poorer
26.3.2020
Unless you have your head in the sand, you’ve probably realized that governments and central banks can print money out of thin air and in unlimited amounts. The United States and the Federal Reserve have been creating money from nothing for years because they had exhausted all their monetary...
World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic
25.3.2020
The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with...
Cardano CEO Thinks Trump is Calling America’s Bluff With Easter Reopening
25.3.2020
Ethereum co-founder Charles Hoskinson thinks Trump’s Easter pledge is a tactical move to prevent Americans from “panicking or relocating”
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”...
#NotDying4WallStreet – Twitter Trends Show People Are Fed Up With Wall Street, Banks and Oligarchs
24.3.2020
As the coronavirus outbreak causes havoc to the world economy, the U.S. is trying to prepare for the onslaught of new cases. U.S. politicians crafted shelter-in-place orders in various states and shut down a decent fraction of American industries. Now politicians are penning an enormous bailout...
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...
Coronavirus Bailouts: US Banking Watchdogs Waive Hundreds of Regulations, Red Tape, Financial Oversight
23.3.2020
In 2019, cryptocurrency and blockchain businesses saw more regulation than any year prior. G20 finance ministers, central bank governors, and regulators cracked down hard on the bitcoin industry. However, during the covid-19 scare, U.S. authorities have been dropping regulations on a whim, making...
Can’t Lock Down Bitcoin: Trump Ponders Halting Stock Trading, Grounding US Passenger Flights
21.3.2020
In the wake of the coronavirus outbreak and a looming recession, U.S. President Donald Trump and his administration are contemplating halting stock markets next week. The White House is currently considering grounding all passenger planes and ordering a nationwide shelter. However, bureaucrats from...
Honeywell: “Corporate America Needs to Change Its Mindset”
20.3.2020
$80 Billion Giant Honeywell International Inc. Says Corporate America needs to change its mindset on data
Banking Shut Down Drives Crypto Adoption Among Venezuelans
19.3.2020
Venezuela is one of several South American nations to see growing P2P crypto amid strict coronavirus quarantining measures
Binance P2P Adds Five New Fiat Currencies in Latin America
19.3.2020
Users of the Binance P2P trading platform can now buy and sell crypto with five new Latin American fiat currencies
US Cash Crisis: Withdrawal Limits Spark Bank Run Fear
18.3.2020
The entire world has been focused on the economy as the coronavirus outbreak has devastated global markets. While stocks, commodities, and barrels of oil plunge in value, there’s been considerable demand for cold hard cash in certain countries. According to reports, Wall Street’s elite...
IADB: Blockchain Technology Program Aims to Fight Violence Against Women and Children
12.3.2020
The Inter-American Development Bank looks forward to funding Blockchain projects that fight violence against minorities in Latin America
The US Needs Hester Peirce’s Safe Harbor, or It Risks Falling Behind
11.3.2020
A Beijing lawyer calls on the SEC to consider Hester Peirce's Safe Harbor proposal, which exempts startups from securities law while starting up. Without greater certainty around token sales, the US risks falling behind other jurisdictions in blockchain commerce
Better Business Bureau: Crypto Scams Are The Second Riskiest in North America
10.3.2020
A US-based trust-gauging company claims that cryptocurrency scams represented a sharp increase during 2019