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Ted Cruz Introduces Bill to Block Fed CBDC

Ted Cruz Introduces Bill to Block Fed CBDC

Republican Senator Ted Cruz has introduced a bill to prevent the Federal Reserve from launching a central bank digital currency (CBDC) that could be used for financial surveillance. This is his second attempt at blocking the Fed's CBDC initiative.

LocalBitcoins Deploys Elliptic’s Blockchain-Powered Tracking Tools for Enhanced Surveillance

LocalBitcoins Deploys Elliptic’s Blockchain-Powered Tracking Tools for Enhanced Surveillance

Leading peer to peer (P2P) Bitcoin trading platform LocalBitcoins has partnered with Elliptic, a global provider of crypto asset risk management solutions, to tame the headache of its illegal usage through blockchain-enabled monitoring tools.

CBDC Surveillance Concerns Spark Legislative Action

CBDC Surveillance Concerns Spark Legislative Action

Congressman Tom Emmer's CBDC Anti-Surveillance State Act aims to address surveillance risks in government-issued digital currencies, emphasizing privacy and autonomy in the evolving digital financial landscape.

China’s Central Bank Digital Currency DCEP Has Been Processed in Pilot Transactions Worth 1.1 Billion Yuan

China’s Central Bank Digital Currency DCEP Has Been Processed in Pilot Transactions Worth 1.1 Billion Yuan

In the race to be the first country to launch a functional CBDC, China appears to be in the lead, as it has begun experimenting with its digital currency.

President Trump Instructed Clamp Down on Bitcoin, Alleges Former National Security Advisor

President Trump Instructed Clamp Down on Bitcoin, Alleges Former National Security Advisor

John Bolton, a former national security advisor in the Trump administration, has purported that the US president ordered Treasury Secretary Steven Mnuchin to crack down on Bitcoin in mid-2018.

Blockchain Monitor Launched to Track Coronavirus-Free Safe Zones to Protect the Non-Infected Community During Pandemic

Blockchain Monitor Launched to Track Coronavirus-Free Safe Zones to Protect the Non-Infected Community During Pandemic

The coronavirus pandemic has currently reached countless countries and territories all over the world and has caused over 220,000 infections in the world population. With the global death rate climbing and almost reaching 9,000, the World Health Organization declared it as a pandemic on March 11.

First Ever Blockchain-Based IPO Launches on National Stock Exchange

First Ever Blockchain-Based IPO Launches on National Stock Exchange

The shares are available on the MERJ exchange platform as well as through broker-dealer Jumpstart and crypto custodian Prime Trust, which are both based in the US and via Globacap.

Bank of England is for Stablecoin and CBDC, but Says ‘Bitcoin Has No Connection at All to Money’

Bank of England is for Stablecoin and CBDC, but Says ‘Bitcoin Has No Connection at All to Money’

The governor of the Bank of England, Andrew Bailey, shared his views on Bitcoin and said that the cryptocurrency “had no connection at all to money.”

Denmark Backs Blockchain Technology As Instrument to Fighting Runaway Political Corruption

Denmark Backs Blockchain Technology As Instrument to Fighting Runaway Political Corruption

The Danish government has thrown its support behind blockchain in the fight against political corruption.

Tether Brings into Play Anti-Money Laundering Solutions with Chainalysis Tool

Tether Brings into Play Anti-Money Laundering Solutions with Chainalysis Tool

Tether, the most leveraged stablecoin provider based on market capitalization, has deployed a tool provided by Chainalysis, a blockchain analytical company, in its quest to have anti-money laundering (AML) compliance solutions

Hypervine Pilots Blockchain-Enabled Satellite Data Project to Curb Climate Impact of Mining Sector

Hypervine Pilots Blockchain-Enabled Satellite Data Project to Curb Climate Impact of Mining Sector

Hypervine, a blockchain construction company based in Glasgow, Scotland, has revealed the kicking off of a blockchain-powered project that will utilize satellite data to boost efficiency in the mining industry. Expressly, it will be funded by the European Space Agency (ESA).

The Adoption of Bitcoin May See Considerable Increase if the Proposed Cash Ban in Australia Activates

The Adoption of Bitcoin May See Considerable Increase if the Proposed Cash Ban in Australia Activates

Under the new bill being considered by the Australian Parliament, people could be jailed for two years and pay a fine of $ 25,200 for just using more than $10,000. If this bill is passed, it will force its citizens to look away from traditional fiat currencies and go for decentralized digital currencies such as Bitcoin.

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