• 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.

  • Poloniex denier Justin Sun, CEO of Tron.
    Alt coins,  People

    Poloniex Boots DigiByte after founder’s Tron attack

    Calling someone you’re doing business with a ‘con man’ is a pretty good way to ensure you won’t do business with them again

    Cryptocurrency Exchange Poloniex is delisting DigiByte's DGB token after its CTO, Jared Tate, went on a Twitter rant. His target, Tron CEO Justin Sun, first denied and then admitted to being part-owner of Poloniex recently.

  • The French Army couldn't beat China in the Tonkin War of 1884-5. Can it beat China's central bank to a to a digital currency in 2020? (via Banque de France)
    Cryptocurrencies,  People,  Politics

    France: 2020 national digital currency bridge to e-euro

    François Villeroy de Galhau appoints Nathalie Aufauvre to build a French national digital currency leading to an e-euro

    Banque de France Governor François Villeroy de Galhau is planning to test a central bank-issued digital currency by 2020 to do it. Along the way, he’s making a play for French leadership of the European economy.

  • Heath Tarbert, Chairman of the CFTC. (via Harvard)
    Ethereum,  Politics

    Opinion | Congress must act now on cryptocurrency regulation

    The election hype will soon doom any hope of a clear legal framework being in place by 2020.

    Members of Congress love to drag the CEOs of large companies into hearings to show off in front of their constituents. The best recent example is the grilling of Facebook's Mark Zuckerberg over the company's Libra cryptocurrency project. Now, this over-the-top political production is threatening to spoil a good opportunity to provide the regulatory clarity so desperately needed by the cryptocurrency industry...