US Financial Services Committee Hearing Discussed the Creation of a ‘Digital Dollar’

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, […]

The post US Financial Services Committee Hearing Discussed the Creation of a ‘Digital Dollar’ appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Visa Taps Ethereum to Build its Digital Dollar Infrastructure

TheMerkle_Visa OnboardingVisa remains the world’s leading credit and debit card issuer in the world. That company is also looking to enter the world of virtual money, and it seems the Ethereum blockchain will play a crucial role in the research.  It has been coming for a while now, but the whole world will transition to virtual money to some degree. Visa Sees Merit in the Ethereum Blockchain That can only happen if sufficient service providers develop systems to accommodate this change. Visa is one of the first big names to effectively unveil its plans for a digital dollar, among other currencies.

The post Visa Taps Ethereum to Build its Digital Dollar Infrastructure appeared first on The Merkle News.

Go to Source

Powered by WPeMatico

$2 Trillion for Surveillance Capitalism – US Government Promises $1,200 to Every American

On Wednesday, U.S. Congressional leaders had seemingly come up with a stimulus deal at around 1 a.m. EST. The package will cost upwards of $2 trillion and politicians are promising direct payments of $1,200 per American if they make $75,000 or less. The dollar injection will be the largest financial measure ever enacted by Congress […]

The post $2 Trillion for Surveillance Capitalism – US Government Promises $1,200 to Every American appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Shelter-in-Place for Cash? 2 Bills Submitted by US Congress Mention ‘Digital Dollars’

Shelter-in-Place for Cash? 2 Bills Submitted by US Congress Mention 'Digital Dollars'During the last few days, members of the U.S. Congress have been trying to pen a stimulus plan to help the American economy. Since then, a few bills have been submitted by representatives and two particular proposals House democrats have tabled talk about a “digital dollar” and “digital ledger entries.” Following the submission of the […]

The post Shelter-in-Place for Cash? 2 Bills Submitted by US Congress Mention ‘Digital Dollars’ appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico