Search Results for "stimulus project"
Telegram Tells US Investors to Leave TON Blockchain Project and Take 72% Refund
Telegram now says US investors won’t get 110% refund and tells them to leave its blockchain TON project.
Can US Lawmakers Really Just Mint Two $1 Trillion Coins to Back a Digital Dollar COVID Stimulus with "No Additional Debt"?
As the economy continues to deteriorate in the ongoing COVID-19 pandemic climate, US Lawmakers are once again pitching the creation of a sovereign digital dollar to quickly distribute the proposed stimulus packages. The bill further proposed the new minting of two trillion dollar coins.
CBDC for Stimulus Payments Advocates Honorary Christopher Giancarlo
During an open hearing by the House Committee On Financial services yesterday, the Honorable Christopher Giancarlo once again advocated for the use of a central bank digital currency (CBDC), effectively digital dollars, as a solution to directly distribute the COVID stimulus packages to citizens.
Bitcoin Back Above $50,000 As Senate Passes Biden's $1.9 Trillion Stimulus Package
Bitcoin price is gradually growing after the US Congress passed the $1.9 Trillion stimulus package. BTC may see new price growths afterwards.
MAS Announces Project Ubin’s Successful International Settlement Network in its Final Phase Report
The Monetary Authority of Singapore (MAS) and government-owned conglomerate Temasek released the final report of the Singaporean CBDC project, Project Ubin. The report is the fifth and final phase of Project Ubin, Singapore’s blockchain-based multi-currency payments network prototype that was built for the financial industry and blockchain ecosystem.
President Trump Ends COVID-19 Stimulus Negotiations, Bitcoin Price Plummets
Trump has decided to delay negotiations regarding a second coronavirus stimulus package until after the presidential elections, sending Bitcoin's price down.
MAS Completes CBDC Project Ubin Phase 5, Blockchain Sector Sees Major Growth Despite COVID-19
Sopnendu Mohanty, the Chief FinTech Officer at the Monetary Authority of Singapore (MAS) announced that Phase 5 of Project Ubin has been completed, and partners of the project are already working on a production in the payments space. A new report is to be expected in the next few days, which will “articulate the last phase of experimentation of Project Ubin.” He hinted that the production is related to exchange, settlement, and will be working on releasing production inspired by Project Ubin Phase 5.
United States Congress Agree on $900 Billion Stimulus Bill, What it Means for Bitcoin
United States Congress has reached an agreement on a proposed $900 billion pandemic stimulus package and will vote shortly, what will this mean for Bitcoin and crypto?
Bitcoin Price Breaks Key Resistance As Pre-Election Stimulus Package Goes to Vote
The price of Bitcoin (BTC) is defying the turmoils and the uncertainty in the hopes of getting a pre-election stimulus package with its current aggressive bullish runs
US Democrats Propose Distributing Covid-19 Stimulus Payments Through Digital Dollars to Unbanked Citizens
As markets across the globe continue to feel the crunch of economic disruption caused by the coronavirus pandemic, debate has raged over a massive stimulus package being proposed in the US which could see the IRS send up to $2000 a month to all US citizens until the recession takes a turn for the better.
Bernie Sanders Demands Senate Vote on $2000 Direct Stimulus Payments, Bitcoin Traders Hold Breath
Bernie Sanders has threatened to filibuster the Senate until they allow a vote on upgrading the $600 direct stimulus payments to $2000. What could the move mean for Bitcoin?
Pre-Election Stimulus Package: Price Implications For BTC, ETH, and XRP
With the possible release of a new stimulus package in the US, here is a short and long term price analysis of what you could expect from BTC, ETH, and XRP.