Nancy Pelosi said she was “optimistic” after the administration made concessions on coronavirus testing and tracing ahead of a Tuesday evening deadline
Category: Policy & Regulation
The US Risks Getting Left Behind on CBDCs
The Federal Reserve’s “wait and see” approach to digital currency could deprive the U.S. of important fiscal and monetary tools as its rivals move ahead.
CBDCs Mean Evolution, Not Revolution
Central bank digital currencies can help create a more inclusive financial system, says the innovation chief at the Bank for International Settlements.
.Crypto Domain Owners Can Now Be Verified With Twitter Accounts for Safer Payments
The Twitter authentication service lets .crypto domain holders verify address ownership via the MyEtherWallet app.
Charity Turns Down Bitcoin Donation From Darkside Hackers
Hackers who handed out cryptocurrency donations to charities are having a hard time in their bid to “make the world a better place.”
Pelosi, Mnuchin Edge Closer to a Stimulus Deal; Agreement Won’t Guarantee Passage
“The Speaker continues to hope that, by the end of the day Tuesday, we will have clarity on whether we will be able to pass a bill before the election,” her spokeswoman tweeted.
Major Meeting of Central Banks Produces Same Old ‘Evaluating’ CBDCs Refrain
CBDCs continue to draw attention from central bankers, but panelists at an IMF event – including the Fed Reserve – do not expect to see their nations launch one soon.
IMF Says CBDCs Have Potential, But Don’t Solve Every Issue
Countries might benefit from issuing central bank digital currencies, but they’re not a panacea for every ailment, a new IMF report says.
Digital Ruble Could Be Tool Against Sanctions, Bank of Russia Says
Russia’s central bank says a digital ruble could make Russia less dependent on the U.S. dollar and more resistant to foreign sanctions.
First Users Not So Impressed by China’s Digital Yuan: Report
A recent giveaway of China’s in-testing central bank digital currency has reportedly left recipients wondering why they should swap from existing solutions like Alipay.