Digital Currency
Bitcoin Faces Backlash: Bank Of England Governor Expresses Disapproval–Satan Soldiers Will Never Agree to Cryptocurrencies–There Going to be a War
Bitcoin and other cryptocurrencies have long been a subject of debate and scrutiny within the financial world. Bank of England Governor Andrew Bailey recently added his voice to the conversation, expressing skepticism about their status as true currencies. In a speech delivered at the Financial and Professional Services Dinner in London, Bailey asserted that Bitcoin…
Read MoreCircle CEO Jeremy Allaire: ‘Other Governments Are Regulating Digital Dollars Before the US’
Jeremy Allaire, CEO of Circle, the company behind the issuance of usd coin (USDC), has expressed his worries about the state of stablecoin regulation in the U.S. In a congressional hearing, Allaire stated that other governments were already regulating the issuance of digital dollars (dollar-backed stablecoins) and called on the U.S. government to act by…
Read MoreInstitutions Are Falling Back in Love with BTC
Bankless Writer: Jack Inabinet | disclosures Over a dozen asset managers have sought the SEC’s regulatory blessing to launch some form of spot Bitcoin exchange-traded fund (ETF) over the years, but thus far, applicants have been met with little more than silence or rejection. Just last week, however, BlackRock, the world’s largest asset management firm…
Read MoreThe Pandora’s Box Of Fed’s Digital Currency Will Ignite An “Inflationary Conflagration”
We most recently described the Fed’s stealthy plan to deposit digital dollars to “each American” during the next crisis as a unprecedented monetary overhaul, but more importantly, a truly stealthy one: to be sure, there has barely been any media coverage of what may soon be a money transfer by the Fed – a direct…
Read More