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CBDC for Stimulus Payments Advocates Honorary Christopher Giancarlo

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.

Road to a US CBDC? Ex-CFTC Chairman Released Written Remarks on Digital Dollar in Davos 2020

Road to a US CBDC? Ex-CFTC Chairman Released Written Remarks on Digital Dollar in Davos 2020

Davos 2020 to host ex CFTC Chairman, J. Christopher Giancarlo, and his insights on the possibility of CBDC and its many advantages!

Ex-CFTC Boss Christopher Giancarlo Joins CoinFund as Advisor

Ex-CFTC Boss Christopher Giancarlo Joins CoinFund as Advisor

Christopher Giancarlo, the former Chairman of the Commodity Futures Trading Commission (CFTC) has joined CoinFund as a strategic advisor.

XRP is not a Security: Former CFTC Chair Chris Giancarlo Says

XRP is not a Security: Former CFTC Chair Chris Giancarlo Says

Christopher Giancarlo said he believes XRP does not qualify as security as the SEC is alleging, a claim made based on earlier research he has done as the chairman of the CFTC.

Former US CFTC Chairman Christopher Giancarlo Quits BlockFi’s Board of Directors

Former US CFTC Chairman Christopher Giancarlo Quits BlockFi’s Board of Directors

Christopher Giancarlo has reassigned from the board of crypto lending firm BlockFi just after four months. He was appointed as an independent director on BlockFi’s five-person board in April this year.

CFTC’s New Chief Supports Blockchain Technology

CFTC’s New Chief Supports Blockchain Technology

The Commodity Futures and Trading Commissions, CFTC appointed a new chief who is also pro-crypto. Just as his predecessor J. Christopher Giancarlo, appears to have supported the established pro-crypto/pro-blockchain approach. In a recent interview, the newly appointed chief, Heath Tarbert gave a favorable opinion of blockchain technology.

List of Crypto Exchanges to Delist XRP Grows, as Bitstamp Halts XRP Trading

List of Crypto Exchanges to Delist XRP Grows, as Bitstamp Halts XRP Trading

XRP’s price has been trading at lows of $0.28 and will likely plummet further as more and more crypto exchanges delist it.

US DHS Cybersecurity Official Expects to be Fired in Trump’s Post-Election Purge for Debunking Fake News

US DHS Cybersecurity Official Expects to be Fired in Trump’s Post-Election Purge for Debunking Fake News

A United States Homeland cybersecurity official, Christopher Krebs expects to be cut in President Trump’s post-election purge for proactively debunking disinformation.

Former US Head of Treasury Lawrence Summers Backs Cryptocurrency

Former US Head of Treasury Lawrence Summers Backs Cryptocurrency

In an interview with CEO of the digital currency company Circle —Jeremy Allaire, Former US head of Treasury Lawrence Summers advocates for cryptocurrency’s benefits.

Digital Dollars—A Two Tier CBDC Design to Maintain US Currency Dominance

Digital Dollars—A Two Tier CBDC Design to Maintain US Currency Dominance

The Digital Dollar Project (DDP) is the focus of the Digital Dollar Foundation and advocates the need for a CBDC. In their recently released whitepaper, the DDP stipulates that it aims for the US dollar to maintain its global dominance but further warns that the work needs to begin immediately. The DPP also calls for public-private collaboration, including the use of a two-tier system for the spread and distribution of retail digital dollars.

Fed Chair Powell Asserts Money Supply is for Central Banks not Private Sector

Fed Chair Powell Asserts Money Supply is for Central Banks not Private Sector

Federal Reserve Chairman Jerome Powell asserted that the private sector has no place in money issuance and by extension the development of a Central Bank Digital Currency (CBDC).

Senate Hearing Views Digital Dollar CBDC as Critical to Maintaining Global Reserve Currency Status

Senate Hearing Views Digital Dollar CBDC as Critical to Maintaining Global Reserve Currency Status

The United States government’s plan for its digital dollar or central bank digital currency (CBDC) may have just reached a new level of urgency, as the US hopes to maintain its most effective tool of power—global dependence on the Federal Reserve and the US dollar.

Visa Applies for Blockchain-Based Digital Currency Patent to Potentially Remove Physical Currency

Visa Applies for Blockchain-Based Digital Currency Patent to Potentially Remove Physical Currency

Visa has filed a patent application to create a blockchain-based digital currency on a centralized computer, according to a publication by the US Patent and Trademark Office (USPTO). The patent was originally filed in November 2019, and was described as “Digital Fiat Currency.” The US dollar was mentioned as one of the fiat currencies to be used potentially, although the patent could also apply to other central bank digital currencies including the pound, yen, and the euro.

What are the Top 5 Blockchain Market Events to Watch in Q2 2020?

What are the Top 5 Blockchain Market Events to Watch in Q2 2020?

Looking ahead to Q2 2020, what are the top 5 blockchain market events to watch? This article provides a simple guide for you!

The Digital Dollar Continues to be Pushed by Former CFTC Chair

The Digital Dollar Continues to be Pushed by Former CFTC Chair

The former US Commodity and Futures Trading Commission (CFTC) Chairman continues to fight for the U.S Dollar to become a digital global force.

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