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Canadian Dollar Stablecoin QCAD Launched for Mass Market
Canada Stablecorp Inc. has launched a new regulated Canadian Dollar stablecoin called “QCAD”.
Why Bitcoin Has Threatened US Dollar Dominance and Federal Reserve
How Bitcoin has threatened US dollar dominance and Federal Reserve power, and has been reducing the role of the government in issuing money.
Warren Buffett Ditches US Dollar, Bitcoin Price Set to Soar
As the US dollar keeps plummeting, Max Keiser revealed that Warren Buffett has moved his assets out of the US market, setting Bitcoin for its next surge.
Why Did Venezuela Block Citizens’ Access to Coinbase Crypto Exchange?
Venezuela has blocked access to Coinbase crypto exchange and MercaDolar fiat remittance platform, but why?
Bitcoin Surges Past $20,000, Ether Bounces As USD Weakens
Bitcoin surged on Tuesday breaking back above the $20,000 level while major altcoins led by Ether rose on a positive market upturn as the US dollar fell.
Gold Regains Its Old Shines While Bitcoin Struggles to Maintain $37,500 Level
Gold moves higher while Bitcoin still struggles to maintain the support of around $37,000.
Billionaire Investor Mike Novogratz Refuses to Lose Faith in Bitcoin
Mike Novogratz, the CEO and founder of Galaxy Digital asset management company, explains why he still loves cryptocurrencies.
OneCoin Co-Founder Sentenced to Two Decades in Prison Over Multibillion-Dollar Fraud
Karl Sebastian Greenwood, co-founder of the OneCoin cryptocurrency scheme, has been sentenced to 20 years in prison for deceiving millions of investors worldwide, leading to losses exceeding $4 billion. The scheme, based in Sofia, Bulgaria, was marketed as a revolutionary cryptocurrency, but was later revealed to be a sham. Greenwood and co-founder Ruja Ignatova used the scheme to finance extravagant lifestyles.
Visa Applies for Blockchain-Based Digital Currency Patent to Potentially Remove Physical Currency
Visa has filed a patent application to create a blockchain-based digital currency on a centralized computer, according to a publication by the US Patent and Trademark Office (USPTO). The patent was originally filed in November 2019, and was described as “Digital Fiat Currency.” The US dollar was mentioned as one of the fiat currencies to be used potentially, although the patent could also apply to other central bank digital currencies including the pound, yen, and the euro.
Federal Reserve Chair Powell Affirms There Is Ongoing Research for a Digital Dollar
The Federal Reserve Bank is involved in a large-scale research and development regarding digital dollar, says Chairman Jerome Powell.
Fed Chair Powell Says Central Bank Will Engage with US Lawmakers On Digital Dollar
Federal Reserve Chair Jerome Powell says it will be up to United States lawmakers whether or not to bring a digital dollar to the market.
Hillary Clinton Fears Cryptocurrency Could Undermine US Dollar and Destabilize Nation States
The evolving role of cryptocurrencies is causing many fears. Hilary Clinton advises countries to pay attention to the increasing adoption of such instruments.