In the News

Bank President Says US Digital Currency Is Inevitable News BTC 10/04/2019 In a letter to Jerome Powell, two congressmen have asked the Federal Reserve chairman to consider developing a US-backed cryptocurrency. In short, they believe this is necessary to keep pace with the rest of the world. However, Powell has previously poured cold water on the idea of a digital dollar. And… Read more »

Hill helps form new bipartisan House Entrepreneurship Caucus The Ripon Advance 10/04/2019 U.S. Rep. French Hill (R-AR) joined a bipartisan contingent of colleagues in launching the House Entrepreneurship Caucus, which aims to spur the growth of new startup businesses across the United States. “I’m pleased to partner with my colleagues on both sides of the aisle as co-chair of… Read more »

Anthony Pompliano Says The US Government Will One Day Adopt Bitcoin As A National Currency ZyCrypto 10/04/2019 The benefits of digital currencies have been felt far and wide in many different sectors, even by naysayers who do not support the sector. The growth in just a few years has been quite substantial and has probably surpassed any records set by any other assets or sectors… Read more »

Will the Fed Take USD Digital? American Politicos Have Crypto on the Brain BLOCKONOMI 10/04/2019 American lawmakers on the House Financial Services Committee sent a series of questions to Federal Reserve Chairman Jerome Powell this week regarding whether the nation’s central banking system had any plans to launch a digital dollar, namely a cryptocurrency. Those lawmakers were… Read more »

Bitcoin review: Blockchain to fight Deepfakes, Apple CEO talks competing currencies New York Business Journal 10/04/2019 This week, U.S. senators Mark Warner, a Democrat, and Marco Rubio, a Republican, asked YouTube, Facebook Inc. and nine other online service providers to address the proliferation of "deepfakes" — highly synthesized footage or audio recordings of real… Read more »

American Banking Giants Sound Off Against Libra as Monetary Threat Yahoo! Finance 10/03/2019 As if the financial establishment has not been vocal enough about its resistance against Libra, their displeasure was noted in an official complaint to the central bank. Executives from some of the biggest American banks told the Federal Reserve that Facebook’s cryptocurrency Libra… Read more »

U.S Federal Reserve Urged to Create National Digital Currency for Effective Financial Policy Coinspace 10/03/19 Cryptocurrency has posed a major challenge to governments around the world, most of which are looking for means to stay on top of their game and compete favorably with the technology. The primary way to deal with this is to create a national digital fiat currency which… Read more »

Two U.S. Congressmen have written to the Federal Reserve, on the possibility of tokenizing the dollar. The Congressmen believe that such a move is inevitable. Coinspeaker 10/18/19 Even as the U.S. Congress bites down hard on Facebook and the social media giant’s grand plans of issuing its own digital currency, a recent event has corroborated the general idea that the problem with… Read more »

Fed Requested by Congress to Consider Developing a Digital Dollar Cryptoglobe 10/03/19 U.S. Federal Reserve chairman Jay Powell has been asked by two Congressmen to consider developing a national digital currency. In a letter dated September 30, French Hill, member of Congress for Arkansas, and Illinois Congressman Bill Foster, began by saying the nature of money is changing.… Read more »

Libra Labeled a ‘Monetary Threat’ By Senior US Bank Executives Crypto Currency News 10/03/19 Libra, the underfire planned cryptocurrency from Facebook (NASDAQ:FB), has been described as a monetary threat by senior US bank executives in a meeting with the Federal Reserve. Senior Bank Execs Opposed to Libra Libra has been heavily scrutinized by regulatory bodies and financial… Read more »