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Digital currency will help the US dollar maintain its power and underpin a new infrastructure for transactions and exchanges, Circle CEO and co-founder Jeremy Allaire told Yahoo Finance at the ...
In a July outburst on X (formerly Twitter), Rep. Warren Davidson (R-OH) called on Congress to “swiftly ban, then criminalize any effort to design, build, develop, test or establish a CBDC.”
Executive Order 14067, officially titled Ensuring Responsible Development of Digital Assets, was signed on March 9, 2022, and is the 83rd executive order signed by U.S. President Joe Biden. The ultimate aim of the order is to develop digital assets in a responsible manner. [ 1 ]
This set the stage for consideration of the bill by the entire U.S. House of Representatives in late May. [1] [2] On 22 May 2024 the bill was passed by the full House by a vote of 279–136, with 71 Democrats and 208 Republicans voting to support the measure. The bill passed over the vocal opposition of President Biden and SEC Chair Gary ...
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Bill passed after senators rejected 11 proposed amendments
1984 – McDonald's massacre in San Ysidro, California: In a fast-food restaurant, James Oliver Huberty opens fire, killing 21 people and injuring 19 others before being shot dead by police. 1986 – A tornado is broadcast live on KARE television in Minnesota when the station's helicopter pilot makes a chance encounter.
The anti-digital dollar signal from Trump, who instead favours cryptocurrencies and wants a national crypto stockpile, comes at the exact time that a geopolitical divide appears to be opening up ...