• New York, New York—a city so nice, they named it twice (via Pixabay).
    Technology

    Blockchain technology will drive digital cities: Report

    A new study predicts four technologies, including AI, internet of things, and 5G will have a $721 billion impact on the 60 largest digital cities over a decade

    New York City is and will remain the digital capital of the world—and blockchain is one of the technologies that will get it there, according to a new report.

  • FBI Director Christopher Wray testifying before the U.S. Senate discussing Bitcoin on November 7, 2019 (screenshot via C-SPAN).
    United States

    FBI director passes on calling for cryptocurrency tracking law

    Christopher Wray avoided Mitt Romney’s question about tracking Bitcoin, turning instead to the need for messaging service ‘back doors’

    FBI Director Christopher Wray declined to swing at a gentle pitch over the plate for more regulation of cryptocurrency anonymity at a recent Senate Homeland Security hearing.

  • (via Pixabay.)
    United States

    Finance professionals predict US first to global digital currency

    China’s digital yuan has a big lead, and a central bank representative called the creation of the first global stablecoin ‘a horse race.’

    China has spent five years preparing to launch the digital yuan, which might happen in a matter of months. But bankers and financial industry professionals surveyed at an industry conference in October still believe the United States will be the first to create a global digital currency.