Buck Bully
[Business Insider, Getty Images] Coinbase, Kraken, and other cryptocurrency exchanges are pushing back against a US Treasury Dept. proposal that would require them to log personal details about the people who use cryptocurrency. Under the proposal, crypto companies would have to record and report crypto transactions above $10,000, just as […]
[Decrypt] A new report from Deutsche Bank says countries need to be ready for the disruption central bank digital currencies may cause. Central bank digital currencies (CBDCs) are likely to transform the way we live, and consumers and financial institutions need to be ready, Deutsche Bank has said. CBDCs could […]
[Forbes, Getty Images] Digital dollars and central bank digital currencies are fast becoming a reality, with China this month reportedly expanding a pilot program for its digital yuan. While the U.S. has barely even begun thinking about a digital dollar, its potential implications have generated extensive debate, with a former governor of the Reserve Bank […]
[Coindesk] Social media has thrown dogecoin traders a treat. Trading volumes for the Shiba Inu meme-based cryptocurrency spiked nearly 2,000% in the last two days as videos on TikTok encouraged users to invest, according to data from Messari. The whimsical asset’s price climbed 35% to $0.035 over the same period. Dogecoin—which was conceived […]
[AMBCrypto, Unsplash] In the past few months as Bitcoin remained stable around the $9,000 mark, a few altcoins rose to the spotlight. While it still cannot be said that ‘altseason’ has arrived, that does not mean that we haven’t had individual altcoin rallies and individual altcoin busts. EOS: Source: EOSUSD via Trading View EOS, […]
[Forbes, Getty Images] On June 30th, 2020, the Senate Banking Committee held a hearing on the future of the digital dollar. The pressures to create a digital USD are mounting as China recently began testing its own digital currency – the DCEP, which will be included in popular applications like WeChat and […]