The US is discussing the creation of a digital dollar to combat coronavirus

2020-3-25 19:56

Representatives of the Democratic Party of the United States of America are developing a bill to issue a digital dollar to overcome the economic consequences of the coronavirus pandemic.

The preliminary document does not contain the concepts of “cryptocurrency” and does not mention the technology of a decentralized registry, and the definition of a digital dollar is as follows:

DIGITAL DOLLAR.—The term ‘‘digital dollar’’ shall mean — a balance expressed as a dollar value consisting of digital ledger entries that are recorded as liabilities in the accounts of any Federal reserve bank; or an electronic unit of value redeemable by an eligible financial institution (as determined by the Board of Governors of the Federal Reserve System)

According to The Block, the final version of the document can get rid of the concept of the digital dollar, since the implementation of this issue would require solving many problems, including creating the infrastructure of digital wallets.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Digital Rupees (DRS) на Currencies.ru

$ 6.38E-5 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $6.38E-5 - H: $6.38E-5
Капитализация $32.611k Rank 99999
Доступно / Всего 510.803m DRS

digital does coronavirus dollar definition document pandemic

Источник: coinstelegram.com

digital does → Результатов: 126


Фото:

Bitcoin Swells by $7.6 Billion in Just Hours: Does Pump Suggest Safe Haven or Speculation?

The Bitcoin price increased dramatically following news that US drone strikes on Iran have killed one of the nation’s top generals, Qassam Suleimani. Many commentators have quickly attributed the sudden surge of buying pressure to individuals using the digital asset as a hedge in times of heightened political uncertainty.

2020-1-4 01:08


Epic Splashes Fortnite Millions Luring Game Developers to Ditch Steam

Inviting the wrath of diehard Steam fans, Epic Games continues to snap up Epic Store exclusives by throwing millions at developers to coax them away from Valve’s platform. How does a newcomer chip away at such an entrenched market? No competitor has yet to successfully rival Steam’s dominance as the go-to digital storefront for PC […] The post Epic Splashes Fortnite Millions Luring Game Developers to Ditch Steam appeared first on CCN Markets

2019-7-14 17:14


Фото:

Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’

The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price.

2019-6-4 19:03


Binance Research: институционалы толкают вверх цену биткоина

Исследователи биржи Binance опубликовали отчет, в котором говорится, что в этом году криптоиндустрия продолжает развиваться, а рынок — восстанавливаться благодаря спросу со стороны растущего числа институциональных инвесторов.

2019-6-2 13:07


Imagine a World Where Bitcoin’s Volatility Levels Equal Gold’s within a Decade from Now

Bitcoin, the pioneer of the cryptocurrency space is often considered to be the modern-day store of value and digital equivalent of gold. However, the comparison between Bitcoin and Gold does not really go down well with the Gold proponents as they believe gold has been the standard for quite long and has a very stable […]

2019-5-22 18:50


Фото:

Laos Central Bank Wary of Cryptocurrencies’ Use in Money Laundering

The central bank of Laos has warned commercial banks, financial institutions, and investors not to buy, sell or use cryptocurrencies, reports local media outlet Vientiane Times, May 21, 2019. Laos Does Not Want Cryptocurrencies Laos’ central bank, the Bank of the Lao People’s Democratic Republic (PDR), has cautioned financial market players against digital currency transactionsRead MoreRead More.

2019-5-22 18:00


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Evening digest: US eases shipping rules, Bitcoin slips below $72K

On Wednesday, the Federal Reserve held the policy rates, while the US wholesale inflation surged. Trump administration also allowed a waiver permitting foreign-flagged vessels to transport fuel between domestic ports to address price pressures and supply disruptions linked to the Iran conflict.