GOP Sen. Ted Cruz Proposes Ban on a CBDC
“The federal government has no authority to unilaterally establish a central bank currency,” Cruz said in a press release. “This bill goes a long way in making sure big government doesn’t attempt to centralize or control cryptocurrency and instead, allows it to thrive in the United States.”
Related Posts
Step Aside ‘Blockchain Technology’, IMF and BIS Have a New Crypto Buzzword
Last week the International Monetary Fund (IMF) – a United Nations organization that effectively operates as a global lender of last resort – and the Bank for International Settlements (BIS) – a super-governmental central banking agency – published separate reports about the future of the monetary system. Both reports mentioned crypto and central bank digital…
Los titulares de ether deben esperar casi un mes para poder bloquear el token
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.…
GemCoin Founder Sentenced to 10 Years for $147M Crypto Scheme
Jan 11, 2021 at 11:12 p.m. UTCGemCoin Founder Sentenced to 10 Years for $147M Crypto SchemeGemcoin founder Steve Chen was sentenced Monday to 10 years in federal prison for defrauding tens of thousands of investors in one of the largest early cryptocurrency investment schemes.Chen, 63, admitted last February to running U.S. Fine Investment Arts (USFIA)…
CommBank Develops Blockchain Marketplace to Boost Sustainable Development, Biodiversity
news Commonwealth Bank of Australia (CommBank) has co-developed a blockchain marketplace that it says could support sustainable development and reward landowners for protecting the environment. Created in partnership with BioDiversity Solutions Australia (BDS), the prototype platform uses digital tokens, dubbed BioTokens, to facilitate trading of biodiversity credits for the New South Wales Government’s Biodiversity Offsets Scheme. The…
FDIC Denies Report Signature Bank Purchaser Must Divest Crypto
The acquirer will tell the FDIC “what assets and liabilities from the failed bank it is willing to take,” the spokesperson said, citing the agency’s resolution handbook. The spokesperson also referred CoinDesk to two joint statements published by the FDIC, Office of the Comptroller of the Currency and the Federal Reserve, one of which states…
Coinbase Extends Tezos Staking Rewards to 4 European Countries
May 28, 2020 at 16:03 UTCUpdated May 28, 2020 at 16:31 UTCCoinbase CEO Brian Armstrong (Credit: CoinDesk archives)Coinbase is expanding its Tezos staking service to select European countries. The San Francisco-based exchange announced Thursday that users in the U.K., Spain, France and the Netherlands would now be able to stake Tezos through its proprietary staking…
Binance Crypto Custody License Application Denied by German Regulator BaFin: Report
Germany's financial watchdog has decided not to grant crypto exchange Binance a custody license, news publication Finance Forward reported on Thursday, citing people familiar with the matter.The report added that it's unclear if the denial was a formal decision from the Federal Financial Supervisory Authority (BaFin) or an intention expressed in ongoing discussions."While we are…
Crypto-Focused Finance App Aximetria Wins License From Swiss Regulator
news Aximetria, a firm offering a personal finance app for both fiat and cryptocurrencies, has been awarded a license from the Swiss Financial Services Standards Association (VQF). The firm told CoinDesk exclusively on Monday that the license – which is recognized by Switzerland’s Financial Market Supervisory Authority (FINMA) – enables it to definitively state that its…