In a recent interview with Bloomberg, former IMF Chief Economist and Harvard professor Ken Rogoff reignited debate by suggesting that cryptocurrencies could pose a long-term challenge to the U.S. dollar’s dominance as the global reserve currency. His comments reflect growing concern among economists and policymakers about the disruptive potential of ...
Nomura Holdings, Inc. and GMO Internet Group, Inc. have announced their partnership to explore the issuance of stablecoins based on Japan's Yen and the U.S. Dollar. In a recent press release, the companies noted that the partnership will explore the issuance, redemption, and circulation mechanisms of these JPY and USD ...
Democratic presidential candidate Robert F. Kennedy Jr. has revealed his ambitious plan to back the US dollar with Bitcoin if elected. Speaking at a Heal-the-Divide PAC event on July 19, 2023, Kennedy expressed his belief that supporting the American economy with "hard currency" assets such as gold, silver, platinum, or ...
Binance.US has provided an update to its customers regarding the recent issues it faced with U.S. dollar withdrawals. In a customer update issued on June 22, 2023, Binance.US assured users that its system is fully functional and stated that the processing of U.S. dollar withdrawal requests is expected to resume ...
