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.

News
The former head of payments and settlements at the Bank of Japan says Facebook’s Libra galvanized central banks globally to look seriously into digital currency...
Japanese Ex-Central Banker: Libra Spurred Us to Take CBDCs Seriously
Marie Huillet
2020-01-22T09:48:00+00:00
1413
News
Coinbase Card, a crypto-powered Visa debit card by Coinbase exchange, now supports Dai, a stablecoin pegged to the United States dollar.
Coinbase Card Rolls out DAI as First Supported Stablecoin: Official
Helen Partz
2019-12-06T15:47:00+00:00
3109
News
In its new “Outrageous Predictions” report, Danish Saxo Bank says that Asia will launch its own blockchain-based digital asset in 2020.
Saxo Bank’s Outrageous Prediction 2020: Asia Launches DLT-Based Asset
Helen Partz
2019-12-04T11:47:00+00:00
3096
News
Bitcoin bulls will be buoyed by talk of the need for “a new, neutral global reserve asset” is rife at the heart of the traditional financial sector.
Why Eurasian Debt, Economic Uncertainty Make a Bull Case for Bitcoin
Marie Huillet
2019-11-30T09:44:00+00:00
4980
News
Major United States-based crypto exchange Kraken joined the Silvergate Exchange Network, following Winklevoss’ Gemini.
Kraken, One of Oldest Bitcoin Exchanges, Joins Silvergate Exchange Network
Helen Partz
2019-11-28T15:29:00+00:00
6184
News
Stablecoins have the potential to temper the systemic threats posed by USD domination of global foreign currency reserves, analysts have argued in a new piece f...
Stablecoins Can Temper US Dollar Hegemony Risks, Says Non-Profit Exec
Marie Huillet
2019-11-27T08:10:00+00:00
1654
News
Alan Greenspan, the former chair of the United States Federal Reserve, has said there’s “no point” for central banks to issue their own digital currencies.
Ex-Fed Chair Greenspan: ‘No Point’ in Central Bank Digital Currencies
Marie Huillet
2019-11-12T09:26:00+00:00
3392
News
Canadian blockchain research firm Blockchain Venture Capital Inc. has launched CUSD stablecoin that is backed 1:1 to the U.S. dollar.
Canadian Blockchain Firm Launches USD-Pegged Stablecoin CUSD
Helen Partz
2019-11-11T13:48:00+00:00
2961

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