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US Federal Reserve Weighs the Pros and Cons of a Digital Dollar CBDC

US Federal Reserve Weighs the Pros and Cons of a Digital Dollar CBDC

The US Federal Reserve has continued to research the benefits and impact of implementing a central bank digital currency (CBDC).

US Judge Blocks Trump Administration’s Ban on TikTok Downloads

US Judge Blocks Trump Administration’s Ban on TikTok Downloads

A federal US judge granted an injunction request against the Trump Administration’s order to ban TikTok downloads across all US app stores.

Bitcoin Provides a Check Against Economic Mismanagement, says US Politician

Bitcoin Provides a Check Against Economic Mismanagement, says US Politician

US politician Ro Khanna has shared a tweet that is bullish on Bitcoin. He also advocated for sustainable cryptocurrency mining operations.

US Supreme Court Rules Against SEC’s Ability to Fine Crypto and Blockchain Firms

US Supreme Court Rules Against SEC’s Ability to Fine Crypto and Blockchain Firms

The US Supreme court has limited the amount in punitive fines that the US Securities and Exchange Commission (SEC) can impose on cryptocurrency and blockchain firms, in a historic ruling yesterday.

Australian Senator Andrew Bragg: Blockchain Can 'Rebuild Confidence' in Financial Services

Australian Senator Andrew Bragg: Blockchain Can 'Rebuild Confidence' in Financial Services

Australian Liberal Senator Andrew Bragg has expressed optimism on the potential of blockchain technology to help ‘Rebuild Confidence’ in the financial services sector

US Federal Court Defines Bitcoin As Money

US Federal Court Defines Bitcoin As Money

A US Federal court has classified Bitcoin as a “money” under the Washington, D.C, Money Transmitters Act (MTA).

Two US Nationals Charged With SIM-Swap Cryptocurrency Theft

Two US Nationals Charged With SIM-Swap Cryptocurrency Theft

Federal prosecutors have charged two US citizens with a SIM swap and phishing scam that led to a theft of over $16,000 worth of cryptocurrency.

Director of National Intelligence Warns US SEC of China’s Cryptocurrency Dominance

Director of National Intelligence Warns US SEC of China’s Cryptocurrency Dominance

National Intelligence Director John Ratcliffe has warned the US Securities and Exchange Commission that China’s cryptocurrency dominance could put the US at a disadvantage.

Facebook’s Libra Encouraged to Exclude the Chinese Yuan Being Tied to the Stablecoin

Facebook’s Libra Encouraged to Exclude the Chinese Yuan Being Tied to the Stablecoin

While Facebook is facing regulatory approvals for its Libra project, Facebook told US senators that the initial group of currencies that Libra will be likely backed by the US dollar, Euro, Yen, British Pound, and the Singapore dollar.

US Senator Pat Toomey Eyes Senate Banking Committee Chair and Digital Currency Regulations

US Senator Pat Toomey Eyes Senate Banking Committee Chair and Digital Currency Regulations

United States Senator Pat Toomey said he will take on digital currency regulation and payments reforms should he become the Senate Banking Committee’s next chairman.

US Congress Plans New Provisions for Cryptocurrency Derivatives Markets

US Congress Plans New Provisions for Cryptocurrency Derivatives Markets

The US Congress aims to pass a new bill deciding on data collection for digital commodities contracts and swaps.

Senate Hearing Views Digital Dollar CBDC as Critical to Maintaining Global Reserve Currency Status

Senate Hearing Views Digital Dollar CBDC as Critical to Maintaining Global Reserve Currency Status

The United States government’s plan for its digital dollar or central bank digital currency (CBDC) may have just reached a new level of urgency, as the US hopes to maintain its most effective tool of power—global dependence on the Federal Reserve and the US dollar.

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