June 5, 2020 Central Bank Digital Currencies Endanger Private Banks, Says Federal Reserve Central bank digital currencies endanger private banks, warned the Federal Reserve Bank of Philadelphia. The Philadelphia branch of the United States Federal Reserve has published a new report that warns about the potential effects of issuing central bank digital currencies (CBDCs). In…
May 25, 2020 Crypto businesses might soon get an official entry into Louisiana The state of Louisiana from the United States is likely to start offering licenses to crypto businesses and regulate the industry with a proper legal framework if the new proposal put forth by state representative Mark Weight is approved.…
May 24, 2020 Blockchain war: US congressman proposes blockchain national strategy to displace China Republican and congressman of the US, Brett Guthrie has proposed a new act which he titled “Advancing blockchain act” which was consequently added to the list of technology bills that needed swift attention.…
May 22, 2020 Blockchain and US military: only solution against the Russia-China tandem According to recent game mode checks, it has been revealed that the United States of America would not be able to contain the military strength of Russia and China combined.…
May 22, 2020 JPMorgan: Bank digital currencies can undermine US geopolitical power Analysts at the biggest multinational Investment bank in America, JPMorgan, have warned that the concept of central bank digital currencies or CBDCs, could undermine the geopolitical power of the United States.…
May 21, 2020 Times Square pushes for Silk Road founder’s release Silk Road founder, Ross Ulbricht, now has a billboard in Times Square, pushing for his release from the prison as soon as possible.…
May 19, 2020 California Giant Berry Farms joins IBM Food Trust for blockchain compliance The rapidly-increasing list of IBM Food Trust members is growing even stronger. The leading foodservice distributor, California Giant Berry Farms, specializing in farming and distribution of berries, joined the prestigious network of blockchain-compliant companies, announced The Packer on May 17.…
May 15, 2020 US government scouts for crypto tax returns auditors United States of America’s Internal Revenue Service (IRS) has released a statement on Tuesday, recruiting contractors to help audit crypto tax returns in the country.…
May 14, 2020 Will Bitcoin grow stronger with second round of stimulus checks? The House Democrats on Tuesday proposed another round of stimulus checks, with the newly proposed bill set to cost over $3 trillion, making the United States’ coronavirus economic bailout the biggest-ever emergency spending by a country. …
May 13, 2020 dydx Bitcoin perpetual contract launches, but not open to US investors After being in stress-tested for a couple of weeks now, the dydx bitcoin perpetual contracts have been launched, enabling Bitcoin products on decentralized finance or DeFi.…
May 12, 2020 US DOD counts on blockchain technology for enhanced security The US Department of Defense (DOD) is counting on blockchain technology once again, and this time it is for securing a highly confidential database consisting of over 4.5…
May 9, 2020 Would a multi currency system replace the dollar? Before the coming of standardization, many theories identified money as various currencies being competitive among each other.…
