Texas Lawmakers Introduce Bill Proposing to Establish a Gold-Backed Digital Currency

Two Republican lawmakers from Texas, senator Bryan Hughes and representative Mark Dorazio, have introduced legislation to create a gold-backed digital currency that could be enacted by the state legislature. The policymakers believe that this currency could greatly benefit the Lone Star State and, as an alternative digital currency, it could provide Texas residents with the […]

Go to Source

Powered by WPeMatico

Brazilian Development Bank Sets Deadline for Completion of Blockchain Network

Brazilian Blockchain NetworkThe Brazilian Development Bank (BNDES) has partnered with the Court of Accounts of the Union (TCU), a constitutional institution of the Brazilian government, to complete the development of the Brazilian Blockchain Network. The partnership, established through a memorandum of understanding, establishes a deadline for the completion of the project, which should be finished in five […]

Go to Source

Powered by WPeMatico

Circle to Seek Federal Banking Licensing with U.S. OCC

Office of the Comptroller of the CurrencyCircle Internet Financial Ltd has revealed that it is currently seeking to obtain a federal banking license with the U.S. Office of the Comptroller of the Currency (OCC) in order to expand the services available to the company’s customers. It also hopes to pursue registration with the U.S. Securities and Exchange Commission (SEC) as a […]

The post Circle to Seek Federal Banking Licensing with U.S. OCC appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico