Despite potential price fluctuations on different trading venues, USDP will always remain redeemable for $1 on Paxos, a spokesperson told Cointelegraph. Read more »
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Why are countries seeking alternatives to the US dollar? And what role can central bank digital currencies (CBDCs) play in dedollarization? Ben Norton explains how China is using the e-yuan (e-CNY) in... Read more »
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The Federal Reserve is trying to figure out how to keep cash relevant in a cashless world. Itβs considering digitizing the U.S. dollar, giving people money they can access on their phone... Read more »
Some people don’t know that two dollar bills are real, so when Mike Bolesta used over 50 of them to make a purchase at a Best Buy store, an encounter with the... Read more »
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βThe Monica Crowleyβ podcast host Monica Crowley warns about the push to adopt a digital currency across the western world on βKudlow.β Subscribe to Fox Business! https://bit.ly/2D9Cdse Watch more Fox Business Video:... Read more »
Is a Digital Dollar Coming? Some Financial Experts Warn It Could be Instrument of Government Control
More and more central banks around the world are in the early stages of creating digital currencies. Federal Reserve Chairman Jerome Powell told the House Financial Services Committee in March that the... Read more »