Dollar News

A dollar is the national monetary unit of the USA, along with some other countries, and the most common types of dollar are the US dollar, the Canadian dollar, the Australian dollar, etc. Most affairs are made with the use of USD and, besides that, after World War II, the US dollar has become the world’s primary reserve currency or worldwide currency. In 1971, the cancellation of the direct convertibility of the United States Dollar to gold was ordered by President Richard Nixon. In some countries the dollar has the status of being the de facto currency which allows using it instead of the official one. The right of issuing the US dollars belongs to the Federal Reserve System and all dollar bills that have been issued since 1861 are still legal.

Analysis
Much like Bitcoin, most fiat currencies experience periods of economic stagnation and immense decline when looked at from a broader perspective.
Bitcoin Fares Well Against Fiat Currencies, but It’s in a Class of Its Own
Shiraz Jagati
2020-03-26T13:19:00+00:00
2673
News
As the Federal Reserve reveals it has been told to print as much money as it needs to combat the coronavirus crisis, Crypto-Twitter points out the shortcomings ...
Cardano Chief Compares US Dollar to OneCoin Scam as Fed Keeps Printing
Jack Martin
2020-03-23T15:09:00+00:00
9264
News
One of the world’s oldest crypto exchanges, OKCoin, now allows users in Singapore and Brunei to trade the Singapore dollar against Bitcoin and Ether.
OKCoin Launches Support for Singapore Dollar and Opens Local Office
Helen Partz
2020-03-12T13:02:00+00:00
3817
News
Major cryptocurrency wallet service and blockchain data supplier Blockchain.​com now allows all users to borrow Paxos Standard against Bitcoin.
Blockchain.​Com Now Offers Crypto Lending Service to All Users
Helen Partz
2020-03-10T15:13:00+00:00
3431
News
Bitfinex, an affiliate exchange of stablecoin firm Tether, rolled out futures trading for Tether’s new gold-backed coin XAU₮.
Bitfinex Launches Tether Gold Futures Trading After It Hit $21M Market Cap
Helen Partz
2020-03-06T16:34:00+00:00
2265
Opinion
The newest financial tech can be backed by one of the most ancient and important precious metals. Is it a step forward or a step back?
Why Betting on Gold-Backed Stablecoins Is a Losing Game
Gregory Klumov
2020-03-04T16:05:00+00:00
2753
News
Former Chairman of CFTC says it’s time for Federal government to create digital Dollar that is equivalent to the digital gold Bitcoin.
Former CFTC Chair Giancarlo Says Fed Should Create a Digital Dollar
Ting Peng
2020-02-23T10:39:00+00:00
4039
News
The Central Bank of the Bahamas plans to adopt the Bahamian digital dollar pilot in the second half of 2020.
Bahamas Digital Dollar to Roll Out Across All Islands in H2 2020, Governor Says
Helen Partz
2020-02-14T22:41:00+00:00
11371

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