A bill has been introduced in Canada to encourage the growth of the crypto sector. "Canada should be attracting billions of dollars in investment in the fast growing crypto asset industry. Today I introduced a bill, the first of its kind in Canada,
The MIT Digital Currency Initiative and The Federal Reserve Bank of Boston have released white paper and open source code for the first phase of what looks to be the new "digital dollar" for the United States of America. The system is called Project
Modern currencies such as Bitcoin expect to find success in a more technological world, but a new currency known as Goldbacks might corner the post-apocalyptic currency market.
The Federal Reserve is taking the next step in weighing whether to launch a U.S. digital currency, issuing a report Thursday that explores the potential benefits and drawbacks of such a move without indicating where it will land.
New York City's new mayor, Eric Adams, plans to convert his first paycheck this week into two cryptocurrencies, which he has been hyping as a potential economic engine for the city.
"The introduction of a CBDC would represent a highly significant innovation in American money," says The Fed in its much-anticipated report on the possible issuance of a U.S. digital currency.
They basically want digital control systems through the financial system, through the health system and government systems to implement control. That control is delivered one person at a time.
Did anyone out there actually expect things to turn out differently? When the federal government kept borrowing and spending trillions upon trillions of dollars that we did not have, we were warned that this day was coming.
The owner of the world's largest crypto fortune, which stands at $96 billion, is likely an unsuspecting name that you wouldn't recognize: Changpeng Zhao.
Cryptocurrencies can be incredibly confusing, and for many, this leaves them wishing for a 101 class - a crypto primer, if you will - to help them to understand this magical internet money.
The Turkish currency dipped to an all-time low Monday amid another anticipated interest rate cut later this week and after the S&P credit rating agency downgraded its outlook for Turkey.
Over the last 120 years, the popularity of different reserve currencies have ebbed and flowed, reflecting the shifting fortunes of leading global economies.
A Silver Dime Card is an Alternative Currency consisting of one 90% Silver Dime (United States coin) laminated within a credit-card sized plastic sleeve.
With the threat of dollar hyperinflation now becoming a reality it is time to consider what will be required to stabilise the currency, and by extension the other fiat currencies which regard the dollar as their reserve.
...arrangements. The report notes that the market capitalisation of existing so-called "stablecoins" has continued to grow over the course of 2020/21. Overall, however, the implementation of the FSB high-level recommendations across jurisdictions
This morning's shockingly hit CPI print (on top of yesterday's record PPI) has sparked a rapid repricing in STIRs. And just like that, all of Powell's dovish jawboning has been erased....
Is the move toward central bank digital currencies real? And, if so, is it the first step toward a global reserve currency that will replace the dollar and euro as currencies of choice in reserve positions of major economies?
President Biden made official his nomination for America's Comptroller of the Currency: Saule Omarova, a Russian-born academic with numerous ties to Marxism.
The day started off ugly with a big disappointment for GDP growth and ECB's Lagarde failing to jawbone the market down from its more-hawkish positioning on EU rates...
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