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During a virtual conference hosted by the Brookings Institute, Andrew Bailey, Bank of England’s (BoE) governor, stressed that crypto assets are just “unsuited to the world of payments.” In prepared remarks on the future of cryptocurrencies and stablecoins, Bailey qualified Bitcoin (BTC) as an asset that has “no connection at all
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Rosie Perez appeared at Governor Cuomo’s latest press conference. The actress, along with comedian Chris Rock, was there to encourage New Yorkers to wear their masks. Despite criticism, Perez’s appearance shows what New Yorkers truly value: authenticity. Rosie Perez is an icon. On Thursday, she took time out of
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California Governor Gavin Newsom warned the public against Bitcoin (BTC) fraudsters during his live speech about the coronavirus outbreak.On March 26, Newsom mentioned the leading cryptocurrency as part of his official speech about what measures had been taken by the state to prevent the further spread of the virus
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Governor Cuomo Confirms the First Coronavirus Case in New York State Published: March 2, 2020 3:39 AM UTC New York State governor Andrew Cuomo confirms the first case of the novel coronavirus - a woman in her thirties
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Colorado Governor Jared Polis sat down with CoinDesk at ETHDenver, the third edition of the ethereum hackathon in the Mile High City.A digital native noted for launching multiple internet enterprises, Polis led the charge for bitcoin and other digital assets in the U.S. House of Representatives from 2009 to 2019."Colorado
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While major industry actors argue that central bank digital currencies (CBDC) are years or decades ahead, the Bahamas plan to adopt a CBDC no later than 2020.John Rolle, the governor of the Central Bank of the Bahamas (CBOB), has reportedly confirmed that the Bahamian digital dollar initiative will be
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The Federal Reserve is looking at whether launching its own digital currency could be an effective counter to private initiatives such as Libra. Lael Brainard, who sits on the U.S. central bank's board of governors, said Wednesday the Fed is "conducting research and experimentation related to distributed ledger technologies and
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Cryptocurrency entities licensed under the New York’s Financial Services Law (FSL) should pay the costs of regulatory oversight, Governor Andrew Cuomo believes.The Democratic Governor purportedly wants the state authorities to amend the FSL in order to require virtual currency-related entities within the FSL jurisdiction to foot the bill for
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New York governor Andrew Cuomo wants to give the Department of Financial Services (NYDFS) more powers in regulating certain licensed entities, including cryptocurrency startups.Cuomo presented his 2020 "state of the state" plan on Wednesday, publishing a 321-page list of proposals including a new look at exemptions that currently exist for
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A governor of the U.S. Federal Reserve has warned that the Facebook-led Libra project has a “core set of legal and regulatory challenges” ahead.In a prepared speech for an event in Germany on Wednesday, Lael Brainard said more clarity is needed about the basket of currencies underlying the stablecoin and
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