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U.S. SENATE TALKS CRYPTO & BLOCKCHAIN
- 6 July 2020
- Posted by: admincryptovalues
- Category: World News
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On June 30, the U.S. Senate Banking Committee held a hearing that covered a whole host of policy topics on the digitization of #money and #payments. In what was described as a move closer to the U.S. Digital Dollar, the hearing also covered many hot topics related to the crypto and blockchain space. Chairman Mike
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CBDC WOULD GIVE FED TOO MUCH POWER
- 1 July 2020
- Posted by: admincryptovalues
- Category: World News
According to the American Bankers Association (ABA), a private consortium of American banks, central bank digital currency (CBDC) puts an uncomfortable amount of power in the hands of the Federal Reserve. A CDBC is a currency that is minted and distributed by a central bank. Some designs for central bank digital currencies could either use