Tech Like CBDCs Central to Senate Hearing on China-US Competition
Senate looks at tech and innovation, including CBDC development, as critical area within rising tensions with China. Go to Source Powered by WPeMatico
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Major Lobbyists in DC See a Shift in Regulatory Tone Towards Crypto Since Pandemic
Despite continuing education gaps, the heads of several crypto-focused trade associations confirmed that lawmakers are paying more attention than ever to the industry. Go to Source Powered by WPeMatico
Digital Dollar Take Center Stage in Hearing Before US Senate
Issues like financial inclusion and competition with China propelled a hearing on digital dollars before the U.S. Senate today. Go to Source Powered by WPeMatico
Fed Chair on CBDC: ‘We Need to Understand It First and Best’ — But Is He Too Late?
The Fed is looking at issuing a central bank digital currency, but can’t point to any concrete progress. Go to Source Powered by WPeMatico
Law Decoded: Dead Men Face No Charges, June 6-12
Blockchain for distributing votes and independent digital dollars take center stage in the this week’s regulation news. Go to Source Powered by WPeMatico
US Financial Services Committee Hearing Discussed the Creation of a ‘Digital Dollar’
On June 11, 2020, the United States Congress Financial Services Committee held a remote hearing about the creation of a “digital dollar.” A number of well known individuals participated including the former Chairman of the U.S. Commodity Futures Trading Commission, Christopher Giancarlo, and members from the Electronic Transactions Association. The Covid-19 outbreak and following panic, … Read more
Congressman Calls Digital Dollar Hearing ‘Encouraging,’ but Look Out for Privacy
Congressman Warren Davidson recaps yesterday’s hearing on the digital dollar, which seemed to reach new consensus across party lines — but the devil is in the details. Go to Source Powered by WPeMatico
Congress Weighs Digital Dollars for Aid After Stalled COVID-19 Stimulus Payments
In the aftermath of disappointingly slow COVID-19 stimulus payments, Congress hears testimony on using digital dollars to upgrade the U.S.’s legacy financial infrastructure. Go to Source Powered by WPeMatico
Jonathan Herzog May Be The Most Crypto-Friendly Congressional Candidate Yet
Congressional candidate Jonathan Herzog believes that the U.S. government needs to embrace crypto and blockchain not to fall behind other nations. Go to Source Powered by WPeMatico
Congress Fears US Is Losing Battle to Malware and Darkweb Cyberweapons
As COVID-19 has the financial system more internet-dependent than ever, Congress is worried that the United States’ cyber defenses are not up to the current challenge. Go to Source Powered by WPeMatico
