Joe Biden’s executive order on digital currencies The White House and Joe Biden signed the executive order on digital currencies on Wednesday. The entire brief can be read here. In doing so, the U.S. government has directed agencies across the federal government to coordinate strategies to gauge both the advantages and disadvantages posed by cryptocurrency ownership, and whether the U.S. needs their very own U.S. digital currency according to Presiden Joe Biden. The new...Continue Reading
PART 4: Crypto Future & Journey 2022 What we have seen so far in 2022 Entering 2022 and the month of January saw a highly volatile market, continuing the negative trend line, with many of the top crypto losing a lot of value. BTC began the year with a $900 billion market capitalisation and a price of $47,600, having been down 5.4% in the week, ETH was at $448 billion market cap with a price of $3,770,...Continue Reading
Biden Crypto Strategy and U.S. Digital Currency Approach Biden Crypto, news has emerged in the last 24 hours, indicating that President Joe Biden is expected to sign an executive order this week on the U.S. government’s strategy and approach for digital currencies. The executive order, in development since 2021, aims to outline regulations, assess national security risks, and evaluate economic impacts. It will detail the procedures government agencies, such as the Treasury Department, will follow to formulate specific...Continue Reading
Crypto Impact in Global Crises Prior information on the ongoing conflict between Russia & Ukraine can be read in our previous cryptocurrency article here! Bitcoin and cryptocurrency was once seen as a tool of decentralised financial systems and economic growth in peacetime, however, with war, has now become a weapon in the fight. Millions upon millions has recently been donated, with Ukraine turning to cryptocurrency as a way to receive support from all corners of the globe, finding...Continue Reading
2021: The Explosion of Web 3.0, Metaverse, and NFTs An array of decentralised technologies such as Web 3.0, the Metaverse and the explosion in popularity of Non-fungible tokens (NFTs) continued the upward bullish trend of cryptocurrency and blockchain for much of 2021. The vision of Web 3.0 Web 3.0 was first coined by Gavin Wood in 2014 (Polkadot founder and Ethereum co-founder) gaining momentum and popularity in late 2021, with large interest coming from high-profile tech...Continue Reading
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