Financial regulators are increasingly concerned about stablecoins, a type of cryptocurrency tied to an asset like the US dollar.
Read More »Facebook claims Libra Offers Economic Empowerment – An Economist is Skeptical
Will Libra lives up to Zuckerberg’s lofty economic goals and empower billions of people? But the consequences of one day relying entirely on ones and zeroes to power our economies is worrisome.
Read More »FTC Shuts Down Promoters of Deceptive Cryptocurrency Schemes
These schemes falsely promised that participants could earn large returns by paying cryptocurrency such as Bitcoin or Litecoin to enroll in the schemes.
Read More »Santa is Putting Christmas on the Blockchain and Saving Billions
Blockchain cuts out the middlemen—like banks and copious cookie-eating data elves—allows transactions to update instantaneously, and stops any tampering with earlier records.
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