House Stimulus Bills Envision ‘Digital Dollar’ to Ease Coronavirus Recession

2020-3-24 00:05

Proposed legislation meant to shore up the U.S. economy during the coronavirus pandemic includes a recommendation to create a digital dollar.

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Coronavirus Crisis Could Propel Bitcoin to Replace the Dollar as the World’s Reserve Currency

The Federal Reserve Board announced Tuesday the establishment of a Commercial Paper Funding Facility (CPFF) to support the flow of credit to small businesses and households. With further volatility expected in the traditional markets due to Coronavirus fears, it could provide the right opportunity for Bitcoin to step in on the dominance of the American […] The post Coronavirus Crisis Could Propel Bitcoin to Replace the Dollar as the World’s Reserve Currency appeared first on BeInCrypto.

2020-3-19 08:10