To CBDC or Not to CBDC?

To CBDC or Not to CBDC?

Jul 8, 2021 | Economic Collapse

Count me as bemused by the idea of issuing a central bank digital currency. The rough idea is to let citizens directly hold electronic currency issued by their central bank—the Federal Reserve in the US, the Bank of Canada in Canada. Citizens could then use the...
FinCEN Wants Americans To Report Digital Assets Over 10k+

FinCEN Wants Americans To Report Digital Assets Over 10k+

Dec 31, 2020 | Economy

The Financial Crimes Enforcement Network also know as FinCen, the U.S. Treasury Department wing tasked with monitoring potential legal violations of domestic financial laws, wants Americans to report if they have more than $10,000 in cryptocurrencies with foreign...