US Digital Dollar Proposed in New Coronavirus Stimulus Bill
📈 30 Second Cryptocurrency Price Summary
Current Bitcoin Price: $6,715
Bitcoin worth has risen a substantial 13%, in a rally sustained because the Federal Reserve’s newest stimulus announcement.
Top-20 altcoins have additionally boomed, with Ethereum gaining 12%, XRP gaining 7%, and Crypto.com main the way in which with a 17% achieve over the past 24 hours.
Top Stories for March 24, 2020 🔥
House Democrats have proposed a brand new coronavirus stimulus invoice, which has been revealed to incorporate a digital US greenback held in digital wallets.
A mandate would require all banks concerned to create “pass-through digital wallets”, with further efforts being made to help unbanked people in opening a digital greenback account.
The invoice was designed as a approach of delivering stimulus funds to residents in essentially the most frictionless approach potential.
CoinDCX, one among India’s most outstanding cryptocurrency exchanges, has simply closed $three million in funding, from traders together with BitMEX house owners HDR Global and Bain Capital Ventures.
Just a matter of weeks in the past, a Supreme Court ruling eliminated restrictions on cryptocurrency exercise in the nation, which had hampered enterprise in the world for nearly two years.
Hive.io, a hard-fork of the Steem blockchain, has encountered authorized troubles over its title alternative from a Canadian blockchain firm of the identical title.
HIVE Blockchain Technologies Ltd has despatched a stop and desist letter to Hive.io, after a number of shareholders inquired if there was an affiliation between the 2 tasks.