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Category: economic
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Rich Dad Poor Dad Author Calls Evergrande a ‘House of Cards’ While China’s Officials Prep for Firm’s Demise
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Evergrande Losses Sparks Fear of Looming Credit Contagion, Janet Yellen Asks to Raise US Debt Ceiling
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Free Market Think Tank FEE Now Accepts Bitcoin Cash Donations
The oldest free market think tank in the United States, the Foundation for Economic Education (FEE) has announced the 501(c)3 educational foundation now accepts bitcoin cash (BCH) for donations. The libertarian organization promotes sound economic theory, publishes books and articles regularly on the benefits of a laissez-faire attitude, and hosts lectures and conferences that aim […]
The post Free Market Think Tank FEE Now Accepts Bitcoin Cash Donations appeared first on Bitcoin News.
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Minting Basic Income – US Lawmaker Asks Treasury to Issue Two $1 Trillion Coins With No Debt
The U.S. is now facing the onslaught from the coronavirus outbreak. During the last two weeks, bureaucrats have shut down multiple industries while the Federal Reserve has injected trillions into the hands of private banks. Bipartisan members of Congress have been penning a 2020 stimulus plan, as the government may send $1-2K to every American […]
The post Minting Basic Income – US Lawmaker Asks Treasury to Issue Two $1 Trillion Coins With No Debt appeared first on Bitcoin News.
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India Facing ‘Unprecedented’ Economic Slowdown, Extraordinary Steps Urged
Many signs indicate that the Indian economy is under grave stress, affecting nearly all sectors. “India’s economy is in a deep mess,” due to initiatives such as demonetization and GST, some lawmakers say, as they urge the government to handle the situation “which is intensifying on a daily basis.” Also read: Indian Supreme Court Orders […]
The post India Facing ‘Unprecedented’ Economic Slowdown, Extraordinary Steps Urged appeared first on Bitcoin News.
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Honestnode Founder Discusses the First Stablecoin Built on Bitcoin Cash
On June 12, the Honestnode team announced the release of a new stablecoin project built on top of the Bitcoin Cash network called Honestcoin (USDH). The new token was made using the Simple Ledger Protocol (SLP) and recently launched on the cryptocurrency trading platform Coinex. This week news.Bitcoin.com spoke with the founder of Honestnode, Jian […]
The post Honestnode Founder Discusses the First Stablecoin Built on Bitcoin Cash appeared first on Bitcoin News.
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Italian Government Selects 30 Representatives to Develop DLT and Crypto Policy
Italy’s Ministry of Economic Development recently published a list of the 30 individuals that the Italian government has tasked with developing the country’s regulatory strategy with regards to distributed ledger technology (DLT) and cryptocurrencies. Among the individuals are alumni of the United Nations, the European Parliament, the European Commission, and the Italian Chamber of Commerce. […]
The post Italian Government Selects 30 Representatives to Develop DLT and Crypto Policy appeared first on Bitcoin News.
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ICO Regulations Round-Up: Fundraising Law, Jeju Island, Self-Directed IRAs
In recent news pertaining to initial coin offerings (ICO) regulations, an EU report has advocated the regulation of ICOs according to crowdfunding legislation, the governor of Korea’s Jeju Island wants his jurisdiction to become a special economic zone regarding cryptocurrencies and blockchain, and the U.S. SEC has warned consumers regarding the risks of self-directed Individual […]
The post ICO Regulations Round-Up: Fundraising Law, Jeju Island, Self-Directed IRAs appeared first on Bitcoin News.
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Virtual Currencies to Become “Part of the Economic Practices” of All Nations – CFTC Commissioner
United States Commodities Futures Trading Commission (CFTC) commissioner, Rostin Behnam recently gave a speech in which he predicted that “virtual currencies […] will become part of the economic practices of any country.” The CFTC commissioner predicted that cryptocurrencies will have a transformative effect in providing financial services to unbanked populations, and undermine corruption through increasing […]
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