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COVID-19
While Some Hoard Dollar Bills, Others Envision Germy Cash's Quick Demise
Is a cash-based society sustainable in a pandemic? Hoarders say yes. Health experts say maybe. Visionaries say no: It’s a moment for systemic change.
World Health Organization Teams With IBM, Oracle on Blockchain-Based Coronavirus Data Hub
Big names like IBM, Oracle and the World Health Organization (WHO) will use blockchain technology to track data relating to the coronavirus pandemic.
How a Flurry of 'Digital Dollar' Proposals Made It to Congress
Law professors who've long pushed for a digital dollar worked with Congress to bring the concept to a series of coronavirus relief bills earlier this week.
Don't Apply 2008 Thinking to Today's Crisis
Economists, analysts and big bank CEOs tell us there is nothing to fear because this time is different from 2008. If only it were so simple.
Users See 'Buying Opportunity' in Coronavirus Market Downturn, Says Crypto.com
Retail interest in cryptocurrencies is growing as COVID-19 shakes markets and central banks take drastic steps to steady the global economy, the firm says.
Workplace Harassment Lawsuit Against Tron Management Is Going to Arbitration
A judge granted Justin Sun’s motion to compel arbitration in a lawsuit alleging wrongful termination and workplace harassment at the Tron Foundation.
8 US States Follow DHS in Naming 'Blockchain Managers' as Essential Employees in Coronavirus Crisis
At least eight U.S. states have directed “blockchain managers” in food and agriculture to keep working through COVID-19 shutdowns following guidance from the Department of Homeland Security, though it remains unclear who this includes.
'Digital Dollar' Stripped From Latest US Coronavirus Relief Bill
The latest version of a U.S. House bill to stimulate the economy during the coronavirus pandemic no longer includes any language around a digital dollar, though a Financial Services Committee bill still does.
House Stimulus Bills Envision 'Digital Dollar' to Ease Coronavirus Recession (Updated)
Proposed legislation meant to shore up the U.S. economy during the coronavirus pandemic includes a recommendation to create a digital dollar.
Fed Stands Ready to Replace Infected Greenbacks With Clean Bills
The Fed doesn’t plan to destroy banknotes as China did, but it has a stockpile of fresh greenbacks should it need to replace what’s in circulation.
