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Fed Chair: Crypto Has No Intrinsic Value, Not a Store of Value, Great for Money Laundering
The Federal Reserve’s new chairman made his stance on cryptocurrency clear to the US House of Representatives on Wednesday. In his view, cryptocurrencies have no intrinsic value, are not used often as a means of payment, are not a store of value, but are great for money laundering. дальше »
2018-7-19 14:05 | |
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Official to Congress: Don’t Be ‘Nasty’ With Crypto Laws
Alongside Gorfine were former JPMorgan blockchain lead Amber Baldet, former CFTC chair Gary Gensler and A16Z managing partner Scott Kupor. Gorfine framed his remarks from the perspective that many different things can be considered “commodities” – but not all of them would warrant attention from U. дальше »
2018-7-19 23:04 | |
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Fed Chair: Cryptocurrencies Are 'Great' For Money Laundering
Federal Reserve Chairman Jerome Powell criticized cryptocurrencies during a hearing on Capitol Hill. дальше »
2018-7-19 22:20 | |
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US Presidential Candidate Says it Would Pardon Snowden and Ulbircht on His First Day
The US presidential candidate and former Vice Chair of the national Libertarian Party said that he would pardon both Edward Snowden and Ross Ulbricht. He says that he would do so because they have never harmed anyone nor stolen anything. дальше »
2018-7-9 00:22 | |
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SEC Won’t Classify Bitcoin, Ether As Securities
William Hinman, the director of the U. S. Securities and Exchange Commission (SEC)Division of Corporation Finance, announced at Yahoo Finance’s All Market Summit: Crypto in San Francisco that the SEC would not be classifying bitcoin or ether as securities. дальше »
2018-7-8 20:28 | |
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US Presidential Candidate Would Pardon Snowden, Ulbricht on First Day
Former Vice Chair of the national Libertarian Party in the United States, Arvin Vohra, announced his candidacy for President. Among keys to his platform is his stated position: “On the first day of my presidency. дальше »
2018-7-7 19:50 | |
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World Refugee Day: How Digital Identities Can Help a Population in Crisis
According to statistics from the United Nations Refugee Agency, there are 25. 4 million refugees in the world and some 3. 1 million asylum seekers. On this year’s World Refugee Day, we’re reminded of the perpetual crises that plague our international communities and the displaced individuals they create. дальше »
2018-6-21 02:28 | |
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Bitcoin More Influential in US Politics Than Ever
US Senate candidate Austin Petersen revealed his campaign received, and promptly returned, a giant amount of bitcoin this week, as the donation ran afoul of financing laws. Leading candidate for the Libertarian Party’s national chair, Joshua Smith, has made cryptocurrency a key part of his platform heading into the convention. дальше »
2018-6-20 07:40 | |
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Updated Edition of Blockchain Revolution Fills In Some Big Gaps
“When Blockchain Revolution came out, bitcoin was worth around $7 billion. Today, it’s more than twenty-two times that. Bitcoin is the workhorse of the cryptocurrency world and the cryptocurrency that launched a thousand ships. дальше »
2018-6-19 22:15 | |
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Ripple CEO at Money20/20 Asia: A New Payments System for the Digital Age
It was standing room only inside the Money20/20 Asia fireside chat “A New Payments System for the Digital Age” — as Ripple CEO Brad Garlinghouse shared the stage with panel chair Faisal Khan — and outlined his vision for the future of Ripple, XRP and the Internet of Value. дальше »
2018-6-17 12:50 | |
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Ex-White House Chief Sees Promise In Bitcoin
Steve Bannon, the former White House Chef Strategist, American media mogul and former Chair of Breitbart news has spoken to the New York Times during which time, he revealed his opinions towards Bitcoin and cryptocurrencies. дальше »
2018-6-15 14:00 | |
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Cryptocurrencies Are ‘A Much Cheaper Way of Doing Business,’ Says Former Overstock Chair
Jonathan Johnson, ex-chairman of Overstock’s board of directors, touched on the benefits of cryptocurrencies and noted the tremendous potential of blockchain-based technology. Despite the currently hemorrhaging market, he still sees a lot of advantages in utilizing cryptocurrencies over traditional credit card payments. дальше »
2018-6-14 23:00 | |
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The previous occupant of fdic chair states “bank dominated payments system” could lead to severely negative consequences regarding cbdc
So they pull their uninsured money out of the banking system, disrupting the free flow of payments. […] However, suppose consumers could convert their bank deposits into a digital currency that would be issued and backed by the Fed? When it wants to raise rates — as it is doing now — it reduces its дальше »
2018-6-13 07:25 | |
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CBDC Could Have “Severely Negative Consequences” for “Bank-Dominated Payments System” – Former FDIC Chair
The former chair of the United States Federal Deposit Insurance Corporation, Sheila Bair, recently published an article imploring the U. S. Federal Reserve to explore central bank-issued digital currencies (CBDCs). дальше »
2018-6-13 05:40 | |
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