US Worried Crypto Could Undermine Dollar as World Reserve Currency, Hiring Researchers to Prepare Response

US Worried Crypto Could Undermine Dollar as World Reserve Currency, Hiring Researchers to Prepare ResponseThe U.S. Office of the Director of National Intelligence has admitted that cryptocurrency could undermine the U.S. dollar as the world’s reserve currency. The head of the U.S. Intelligence Community is seeking researchers to detail the impact of that status loss on the U.S., its economy, and national security. Also read: Fed Chair Powell Reveals […]

The post US Worried Crypto Could Undermine Dollar as World Reserve Currency, Hiring Researchers to Prepare Response appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Report: Indian Government Concerned Cryptocurrencies Could Undermine the Rupee

Report: Indian Government Concerned Cryptocurrencies Could Undermine the RupeeThe Indian government panel tasked with drafting crypto regulation is reportedly worried that cryptocurrencies could destabilize the rupee if they are accepted as payments. Its concern came to light despite evidence that cryptocurrencies do not currently pose a threat to financial stability. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Impact on […]

The post Report: Indian Government Concerned Cryptocurrencies Could Undermine the Rupee appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico