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 »
What to Know in Washington: Democrats Line Up Ukraine Witnesses
Bloomberg Government
10/03/19
Democrats have set a blistering pace for their impeachment inquiry of Donald Trump with a lineup of depositions — including the recently departed U.S. envoy to Ukraine — stoking the president’s fury and feeding efforts to discredit the investigation.
Kurt Volker, who stepped down last… Read more »
Developments in eCommerce, Privacy, Internet Advertising, Marketing, and Information Services Law and Policy
Venable
October 2019
Introduction
In this issue, we cover hearings convened by the House Appropriations Subcommittee and the House Financial Services' Task Forces on Financial Intelligence and Artificial Intelligence. We report that National Institute of Standards and… Read more »
MIL-OSI USA: Rep. Hill Attends Elaine Massacre Memorial Dedication Ceremony on 100-Year Anniversary
ForeignAffairs
9/30/19
Washington, September 29, 2019 WASHINGTON, D.C. — Today, Congressman French Hill (AR-02) attended the Elaine Massacre Memorial Dedication Ceremony in Helena, Arkansas. The dedication ceremony commemorates the 100-year anniversary of the Elaine Massacre of 1919—… Read more »
U.S. Reps. Hill, Womack vote for bill allowing banks to serve cannabis industry
KNWA
9/30/19
The U.S. House of Representatives has passed a bill allowing banks to provide services to businesses in the country’s legal marijuana industry. Two of Arkansas’ four Congressmen voted for the bill, which now heads to the U.S. Senate.
HR 1595, sponsored by U.S. Rep. Ed Perlmutter,… Read more »
Memorial dedicated to hundreds of black Arkansan lives lost during Elaine Massacre
THV11
9/29/19
HELENA-WEST HELENA, Ark — Sunday afternoon civic leaders and community members came together to dedicate the Elaine Massacre Memorial.
What took place though was much more than a dedication, it was a new beginning for the Phillips County community.
"Hopefully it means healing… Read more »
