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Economy
Bitcoin Jumps 12% as Fed Keeps Money Flowing and US Economy Shrinks
"It's clear that the effects on the economy are severe," said Federal Reserve Chair Jerome Powell. "We won't run out of money. It's an unlimited pot."

US Treasury Approves Square as Coronavirus Stimulus Lender
Square, the bitcoin-friendly company behind Cash App, announced Monday it is participating in the U.S. government’s emergency Paycheck Protection Program.

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.

Coronavirus Hits US Stocks, Bitcoin Climbs, Haven Status Unclear
The spreading coronavirus sowed a new bout of fear among investors, triggering a stock market sell-off and flight to safe-haven assets like gold and U.S. Treasury bonds.

Korean Central Bank Study: Issuing Digital Currency Poses Financial Risk
A Bank of Korea study concluded that a central bank digital currency could adversely affect commercial banks and ultimately financial stability.

Crypto Assets Don't Pose Threat to Financial Stability Today, Says FSB
A new report by the Financial Stability Board found that crypto assets pose no threat to financial stability at present, but should be monitored.

What the Blockchain Means for Economic Prosperity
Authors Don and Alex Tapscott argue the Internet is entering a second era, one that gives us another shot to achieve a prosperous digital future.

6 Types of Businesses Bitcoin Will Enable for the First Time
With digital currencies spawning brand new types of companies never conceived before, here are six growing business sectors.
