Tag: digital currency
Coronavirus' impact on the U.S. economy might hasten the creation of a digital dollar.
The Chamber of Digital Commerce is "gravely concerned" about how the U.S. Government is addressing technological challenges and opportunities posed by blockchain according to founder and president Perianne Boring. The U.S. could be ceding technological leadership as well as the dollar's reserve currency status to other nations including China if it does not revamp policies toward emerging blockchain innovation.
As China's digital currency is said to be "progressing smoothly," Indonesia is also working on releasing their own white paper this year, according to Indonesian Blockchain Association cofounder Pandu Sastrowardoyo.