One of the Stellar Development Foundation’s recent hires said he is personally more concerned with industry growth than trading or holding individual assets. International and Public Affairs professor, Ronaldo Lemos, a recent addition to the Stellar Development Foundation, or SDF, said his personal interests align more with industry growth than asset holding or trading. “I’m […]
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U.S. citizens who lost out by getting no helicopter money will look to Bitcoin as an empowering alternative, argues Gabor Gurbacs. Bitcoin (BTC) will be most attractive to United States citizens whom the government refused to bail with $1,200, one market commentator says. As it emerged that stimulus checks may be going towards purchasing BTC, […]
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The Senate has passed a new $485 billion pandemic aid bill to help small businesses and hospitals. A month after the massive $2 trillion stimulus bill passed and the U.S. Senate has approved a supplemental $484 billion aid package to help small businesses and hospitals get through the tough times. The package, which was the […]
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Losses in the traditional banking system during the global pandemic, while crypto could act much better: Here’s why. Payments of $1,200 from the CARES Act to Americans in need have begun to go out to those who authorized the Internal Revenue Service to make direct deposits into their bank accounts. However, the money may never […]
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Crypto pundits believe that the Libra Association has allayed most of the concerns put forth by regulators by updating its white paper recently. Following an overhaul of Libra’s original white paper that was met with strong skepticism from United States policymakers, a member of the House Financial Services Committee — Democrat Rep. Sylvia Garcia from […]
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In response to the coronavirus pandemic, the IRS is updating some important guidelines and procedures to make them easier. Many investments these days seem volatile, but there are few asset classes that have been as volatile as crypto. If you have losses, you might have trouble claiming them, offsetting gains or reducing your income. In […]
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U.S. Congress sees a new bill looking to give Americans $2,000 a month for at least a year and mandating the implementation of digital dollar wallets by January 1, 2021. As Americans wait for COVID-19 stimulus checks, the Digital Dollar has returned to legislation in the United States that looks to extend monthly payments for […]
Continue ReadingThe global coronavirus pandemic has revealed the necessity of decentralization to avoid the world becoming a true dystopian nightmare. As much as I believe that blockchain technology has the potential to solve many of the problems humanity faces today, I also fear what can happen if blockchain technology is used to take away the privacy […]
Continue ReadingChina holds more blockchain patents, but the number of U.S. companies invested in blockchain is greater. China is rapidly catching up to the United States with regard to blockchain-related investments, according to a recent report put together by New York-based research firm CB Insights. The researchers found that the East Asian country accounted for 22% […]
Continue ReadingAs the pandemic challenges the global economy and forces people to abandon cash, a CBDC might be the right tool to fix the financial system. The COVID-19 pandemic is pushing the global economy toward a major recession, but there may be a silver lining in all this for the crypto industry: The accelerated adoption of […]
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