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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 […]Powered by WPeMatico
From China to Canada, it’s clear that governments around the world are salivating at the prospect of introducing currencies they can manipulate hassle-free.
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On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should return to the “gold standard” and said she’s taking a “hard pass” on digital […]Powered by WPeMatico
Ted Cruz said it is “more important than ever” to ensure the financial privacy of American citizens is preserved.
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Governor Ron DeSantis of the U.S. state of Florida has proposed legislation to prohibit the use of central bank digital currency (CBDC) as money in his state. “The Biden administration’s efforts to inject a centralized bank digital currency is about surveillance and control,” the governor warned. Governor Ron DeSantis Proposes Law to Prevent Financial ‘Weaponization’ […]Powered by WPeMatico
Florida governor, Ron DeSantis explained at a press conference on Tuesday that he’s spoken with state agencies and told them to figure out ways for businesses to pay tax with cryptocurrencies. During the signing ceremony for a bill focused on financial literacy, DeSantis said that the government is working on accepting bitcoin “for payments in […]Powered by WPeMatico
During the last week, a large number of truckers are still occupying the streets of Ottawa protesting the vaccine mandates. On Monday, Canadian Prime Minister Justin Trudeau begged protestors to stop the demonstration and said “It has to stop.” Meanwhile, after Gofundme shut down the Freedom Convoy’s fundraiser, crypto advocates have raised 12.41 bitcoin worth […]Powered by WPeMatico
The American politician and attorney serving as the 46th governor of Florida, Ron DeSantis, announced the state’s 2022-23 budget proposal last week and proposed an idea to let businesses pay state fees with crypto assets. The governor’s “Freedom First Budget” suggests creating a department in Florida to accept state fees in cryptocurrencies. Florida Governor’s Freedom […]Powered by WPeMatico