Economy


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House Stimulus Bills Envision 'Digital Dollar' to Ease Coronavirus Recession (Updated)

Proposed legislation meant to shore up the U.S. economy during the coronavirus pandemic includes a recommendation to create a digital dollar.

House Democrats have suggested using a "digital dollar" in two different bills aimed at bolstering individuals during the COVID-19 crisis. (Credit: Shutterstock)

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Coronavirus Hits US Stocks, Bitcoin Climbs, Haven Status Unclear

The spreading coronavirus sowed a new bout of fear among investors, triggering a stock market sell-off and flight to safe-haven assets like gold and U.S. Treasury bonds.

Coronavirus have a "crown-like" structure, image via the Ecohealth Alliance

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Korean Central Bank Study: Issuing Digital Currency Poses Financial Risk

A Bank of Korea study concluded that a central bank digital currency could adversely affect commercial banks and ultimately financial stability.

Bank of Korea

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Crypto Assets Don't Pose Threat to Financial Stability Today, Says FSB

A new report by the Financial Stability Board found that crypto assets pose no threat to financial stability at present, but should be monitored.

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What the Blockchain Means for Economic Prosperity

Authors Don and Alex Tapscott argue the Internet is entering a second era, one that gives us another shot to achieve a prosperous digital future.

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6 Types of Businesses Bitcoin Will Enable for the First Time

With digital currencies spawning brand new types of companies never conceived before, here are six growing business sectors.

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