U.S. Federal Reserve Chair Jerome Powell said it would consult the public about a potential central bank digital currency (CBDC) in the summer. He acknowledged both the benefits and risks of stablecoins, hinting that new regulations are coming. Given the growth in...
The digital euphoria has been a controlled experiment all along. The Bankers told us a chosen World Currency was coming in 1988 on the Economist Magazine cover. Now that President Nayib Bukele of El Salvador was ‘allowed’ to start using Bitcoin as a...
Federal Reserve Governor Lael Brainard hinted once again at the coming monetary revolution when she said that the Fed is studying the opportunities and challenges presented by central bank digital currencies. Former Fed economist propose creating a monetary tool that...
If some Congress members get their way, the Federal Reserve may soon be able to track many of your purchases in real time and share that information with government agencies. This is just one of the problems with the proposed “digital dollar” or “fedcoin.” Fedcoin was...
As Americans wait for COVID-19 stimulus checks, the Digital Dollar has returned to legislation in the United States that looks to extend monthly payments for the long haul. The ABCs of aid during crisis On April 16, Representative Rashida Tlaib (D-MI) introduced the...
The Saudis want to break free from U.S. influence and hedge their bets with China and the Russians
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