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3232Senators Introduce Bill to Limit Use of China’s Digital Currency in the US — ‘This Is a Major Financial and Surveillance Risk’
https://www.digit.info/senators-introduce-bill-to-limit-use-of-chinas-digital-currency-in-the-us-this-is-a-major-financial-and-surveillance-risk/
Sat, 28 May 2022 00:30:13 +0000https://www.digit.info/2022/05/28/senators-introduce-bill-to-limit-use-of-chinas-digital-currency-in-the-us-this-is-a-major-financial-and-surveillance-risk/Read more]]>Several U.S. lawmakers have introduced a bill to prohibit app platforms in the country from hosting apps that enable transactions using China’s central bank digital currency, the digital yuan. “The Chinese Communist Party will use its digital currency to control and spy on anyone who uses it. We can’t give China that chance,” said the […]
]]>Fed Governor Says ‘Blockchain Is Totally Overrated,’ Claims Crypto Is ‘Just Electronic Gold’
https://www.digit.info/fed-governor-says-blockchain-is-totally-overrated-claims-crypto-is-just-electronic-gold/
Sat, 26 Mar 2022 15:30:42 +0000https://www.digit.info/2022/03/26/fed-governor-says-blockchain-is-totally-overrated-claims-crypto-is-just-electronic-gold/Read more]]>The American economist and member of the Federal Reserve Board of Governors, Christopher Waller, believes blockchain technology is “totally overrated,” even though the U.S. central bank “put a lot of resources into understanding digital currencies and the blockchain.” On Friday, Waller spoke during a panel that discussed central bank digital currencies (CBDCs) and said that […]
Several U.S. lawmakers have introduced a bill to prohibit app platforms in the country from hosting apps that enable transactions using China’s central bank digital currency, the digital yuan. “The Chinese Communist Party will use its digital currency to control and spy on anyone who uses it. We can’t give China that chance,” said the […]
The American economist and member of the Federal Reserve Board of Governors, Christopher Waller, believes blockchain technology is “totally overrated,” even though the U.S. central bank “put a lot of resources into understanding digital currencies and the blockchain.” On Friday, Waller spoke during a panel that discussed central bank digital currencies (CBDCs) and said that […]