US Senator Introduces 'No Digital Dollar Act' to Prohibit Treasury and the Fed From Interfering With Americans Using Paper Currency
A U.S senator has introduced the “No Digital Dollar Act to prohibit the U.S. Treasury and the Federal Reserve from interfering with Americans using paper currency” if a central bank digital currency is adopted. The bill further states: “No central bank digital currency shall be considered legal tender under section 16 5103 of title 31, United States Code.”
Crypto Critic Roubini: Trump’s ‘Flirting With Mutually Assured Economic Destruction’
Crypto critic Nouriel Roubini asserted that the risk of a financial crisis has grown significantly, mainly due to President Trump. While stock market indexes grew 20% in 2017, markets have been trading sideways for a major part of 2018, followed by steep drops across several sectors as markets closed for 2018.