Crypto prices should be viewed more like internet stocks than currency, said Brian Brooks, the former U.S. Acting Comptroller of the Currency during the Trump Administration. The biggest misunderstanding around cryptocurrencies is that if they’re “not doing a great job of replacing the U.S. dollar, then crypto is failing in its mission,” Brooks, now the … Read more
CNN’s new guidance about ‘breaking news’ language TV networks have been overusing the term “breaking news” for years. So CNN is setting a higher bar for using the “breaking” banner, Brian Stelter reports. Source link
The world’s reserve currency may be about to go digital, potentially transforming the way Americans move and use their money. On Wednesday, the White House directed federal agencies from the Treasury to the Commerce Department to research a number of crypto-related topics, including the pros and cons of a digital dollar. For consumers, the move … Read more
CNN Business — As technology continues to revolutionize the way people live, work and spend, central banks around the globe have kicked off efforts to reinvent their local currencies for the digital era. Now, the United States is the latest to signal “urgency” in researching a potential digital version of its dollar via a Central … Read more
The U.S. will likely move forward with its own digital currency, with issuance occurring between 2025 and 2030, according to Bank of America Corp. U.S. government-backed coins, also known as central bank digital currencies, or CBDCs, “are an inevitable evolution of today’s electronic currencies,” strategists Alkesh Shah and Andrew Moss, wrote in a report Monday. … Read more
China sought to allay fears it wants to topple the dollar as the world’s main reserve currency as Beijing makes bigger strides in creating its own digital yuan. People’s Bank of China Deputy Governor Li Bo said the goal for internationalizing its currency is not to replace the dollar, and the efforts to create a … Read more
Sauk Valley News Shaw Local News Network Source link credite
Kane County Chronicle: Daily, local and breaking news, and high school sports for Kane County, Illinois Kane County Chronicle Source link credite
Cooper recaps flood of Trump breaking news CNN’s Anderson Cooper breaks down a series of breaking news stories regarding President Donald Trump and the impeachment inquiry. Source link
CNN — The blue light in LED lighting that is increasingly used in our homes can damage the eye’s retina while disturbing our biological and sleep rhythms, a French health authority warned in a new report. New scientific evidence confirms the “phototoxic effects” of short-term exposures to high-intensity blue light, as well as an increased … Read more