CBDC

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The CBDC movement : Christine Lagarde have fear that cryptocurrencies can destroy Central Banks

29 Sep 2022 1 minute read 0 comments Crypto4you23

Introduction:    Cryptocurrencies are helping the decentralization of the economy, this is good, and bad at the same time. It's good because we finally have anonymity to transfer our funds without the governments seeing what we are doing, because for...

China buying up US farmland

27 Sep 2022 2 minute read 1 comment Keith Thuerk

China buying up US farmland   It is not uncommon for a developing economy to put new found wealth to work and foreign real estate. As this type, of investment tends to be out of reach from overzealous Government spenders who come for their pound of f...

Against the Tide of Other Major World Powers, Japan Wants Nothing to Do With CBDCs.

25 Sep 2022 2 minute read 1 comment ssaurel

It turns out that the Japanese simply don't need a digital version of their national currency. The island's financial cyberspace is already teeming with a plethora of optimized, cheap banking services and fintech tools. Cash is also still popular in...

US Treasury Recommends Exploring Creation of a Digital Dollar

24 Sep 2022 1 minute read 1 comment Keith Thuerk

US Treasury Recommends Exploring Creation of a Digital Dollar   As if on cue from when the last global crisis ended and the US Treasury recommends exploring CBDC.  How thoughtful, they want your input (well probably not but, they do have a formal RFC...

Does the U.S. Treasury Have It Out for Private Cryptocurrencies?

23 Sep 2022 8 minute read 7 comments Allen Taylor

One of the biggest concerns regarding the recently published Treasury Department report on CBDCs, titled The Future of Money and Payments, is that a central bank digital currency (CBDC) could easily be used to track private citizens. And because it c...

CageChain Newsletter #223 | US Stablecoin News: Ban Algos/Push CBDCs, Colorado to allow Crypto Tax Payments, Nasdaq's Bitcoin and Ethereum Custodial Services, and More

22 Sep 2022 1 minute read 0 comments KHubbard

  Draft legislation in the United States House of Representatives would place a two-year ban on new algorithmic stablecoins such as TerraClassicUSD (USTC) which de-pegged from the US dollar earlier this year causing widespread crypto market contagio...

Why You Should Not Fear a Digital Dollar

17 Sep 2022 3 minute read 8 comments Allen Taylor

The U.S. Treasury releases report recommending the U.S. begin developing a CBDC just in case one is “determined to be in the national interest.” According to those watching the space, a digital dollar could mitigate fraud while protecting consumers a...

The Biden Admin Report Lands Without Doing Nothing

17 Sep 2022 4 minute read 0 comments Cje95

Earlier today the Biden Administration finally released the rest of the report that was due after he signed the March 9th Executive Order. When it broke I noticed I was tagged several times in the thread about it with some people commenting on what I...

Why do some countries BAN crypto?

11 Sep 2022 1 minute read 1 comment Justufak

The idea of digital currency dates back to 1990 with eCash created by David Chaum's. The known p2p digital currency made its debut in 2009 introducing the concept of a financial decentralization to the world. Tax authorities still debate on how to co...

If the Fed Adopts a CBDC, Will the Banks Fight Like Hell?

10 Sep 2022 2 minute read 10 comments Allen Taylor

Bitcoin made its biggest leap in six months. Could it have hit bottom? Meanwhile, open interest on crypto exchanges is growing. ETHPOW has dropped 80 percent since threat of Ethereum fork. Could the Merge trigger a pump and dump? Should the U.S. gove...