Bill Introduced to Halt Digital Dollar Testing by U.S. Federal Reserve

House Member Alex Mooney of West Virginia introduced a bill against digital dollar testing that the U.S. Federal Reserve could conduct without congressional authorization. The proposed bill seeks to prevent the U.S. Federal Reserve (Fed) from launching a digital dollar pilo ...

Texas Introduces Bill Prohibiting Use of Digital Currency, Citing Concerns over Government Oversight

A bill has been introduced in Texas that would prohibit the use of digital currency in the state by the U.S. Federal Reserve (Fed). The document details why the digital dollar is a bad idea. "Retail CBDCs are issued ...

Florida Governor Signs Law Banning Digital Currency Use, Citing Financial Stability Concerns

The governor of U.S. Florida has signed a law banning the use of digital currency in the state by the U.S. Federal Reserve (Fed). Earlier, the ban on the use of the digital dollar was supported by the state House and Senate. New law against state digital currency will tak ...

Validus Power Executive Believes in Investing in Real Estate, Bitcoin, and Gold to Insure Against Banking Crisis

Executive director of Validus Power Corp believes investing in real estate, bitcoin and gold can insure investors against losses related to the banking crisis. Greg Foss, in an interview with Kitco News reacted to a recent statement by U.S. Federal Reserve (Fed) Chairman Je ...

Cryptocurrency Market Reacts to U.S. Bank Panic as PacWest Considers Strategic Options

The bank is now exploring different strategies In the meantime, the BTC chart has responded by rising We wrote yesterday that a new banking panic is brewing in the U.S.. Pacwest and Western Alliance could cause it. Shares of these two banks were down about 50 per ...

Former BitMEX CEO Suggests Bitcoin Could Reach $1 Million Due to Bankruptcies

The former CEO of the cryptocurrency derivatives exchange BitMEX Arthur Hayes suggested that the bitcoin rate could soar to $1 million due to the bankruptcy of financial institutions. In a series of tweets, Arthur Hayes shared his opinion on the current situation with ban ...