USA

Kentucky Republican Rep. Thomas Massie tried to delay the voting on COVID-19 relief bill by objecting a roll call voting that would not require the presence of all members in Washington. Eventually, he failed to do this as the quorum of the House members blocked his request.

Recently, the US Democrats in the house of Representatives proposed two bills both leading to the creation of a digital version of the USD. The Dems say the bill is meant to empower personal income during the raging COVID-19 Crisis.

The US Federal Reserve recently announced drastic and controversial measures allowing commercial Banks under its jurisdiction to operate without any reserve with the Federal Reserve.

The upcoming US free trade talks have provided an opportunity for the UK’s Department for International Trade (DIT) to negotiate provisions for digital trade, which underpins the UK economy and is vital to both service and goods exporting businesses.

A citizen of the USA named Zoobia Shahnaz faces a 13-year sentence for attempts to finance ISIS with bitcoins. To achieve her goal, she tried to fraud several giant financial institutions including American Express, Chase and Discover.

Dynamics within the global energy markets could define the future of Bitcoin and other cryptocurrencies, not specifically in terms of Demand and Supply. There are ongoing wars within the oil industry largely orchestrated by the fightings between major oil producing countries.

For the first time the US House of Representatives has had a very useful debate on Blockchain technology. During the recent debate lawmakers convened an educative and informative discussion on Blockchain technology without bending towards one side due to political wills.

Correspondence of interest rate cuts by the US Federal Reserve  to respond to the recession crisis caused by the global spread of new coronavirus (COVID-19) is growing, and interest in the cryptocurrency market is increasing.

The US Treasury Department's Office of Foreign Assets (OFAC) says it has sanctioned two Chinese nationals who laundered cryptocurrencies stolen by millions of North Korean hackers. Since the industry is still young, most cryptocurrency exchanges are under a major threat of losing their virtual currency holdings to wrong hands.