• "Crypto Dad" Chris Giancarlo is now fighting for a digital dollar (via Chamber of Digital Commerce).
    Politics

    ‘Crypto Dad’ goes all in on digital dollar

    Former CFTC chairman Chris Giancarlo partners with Accenture promote the potential of a U.S. central bank digital currency

    Former CFTC Chairman Chris Giancarlo has moved from regulating digital currencies to fighting for one with the launch of the Digital Dollar Foundation.

  • Treasury Secretary Steven Mnuchin to Congress, "We don't need no stinkin' digital currency" (via C-SPAN).
    Cryptocurrencies,  Politics,  Regulation

    Treasury’s Mnuchin: no U.S.-issued digital currency before 2025

    The Federal Reserve may not be issuing a digital dollar anytime soon, but Europe is looking hard at creating an e-euro, and China’s digital yuan is coming

    While China and the European Union rush forward on creating a digital currency, the U.S. doesn’t see the need for one in at least the next five years, said Treasury Secretary Steven Mnuchin.

  • Fed Chairman Jerome Powell: Central bank digital currency? We don't need no stinkin' central bank digital currency! (via Federal Reserve Bank).
    Cryptocurrencies,  Politics

    Fed Chairman Powell calls U.S. central bank digital currency pointless

    America’s chief central banker told two congressmen that the problems a CBDC could solve are largely limited to poorer developing countries.

    Federal Reserve Chairman Jerome Powell poured cold water on the idea of a United States-issued central bank digital currency happening anytime soon. Responding to two Congressmen, Powell wrote, “it is not yet clear what additional value a general purpose CBDC could provide in the U.S.”

  • Meltem Demirors of CoinShares interviewed by RealVision, October, 2019 (screenshot).
    Bitcoin,  Innovators,  Opinion

    Meltem Demirors questions Wall Street’s involvement in crypto

    But is it really such a bad thing?

    The union of cryptocurrency and Wall Street is much like a Medieval arranged marriage: A little bit of wealth is at stake but everyone seems miserable and most people involved are in need of a bath. Few are as upset about the whole thing as those who are involved in crypto for ideological reasons—or, at least, those who say they are.