JP Morgan: CBDC Threatens Hegemony of US Dollar

JPMorgan believes the central bank digital currencies, or CBDC, could pose a threat to the global hegemony of the US dollar. According to a report covered by Bloomberg, the bank’s chief U.S. economist asserted that “[t]here is no country with more to lose from the disruptive potential of digital currency than the United States.” “This … Read more

Tyler Winklevoss: Stablecoin Race to Begin When Wall St Embraces DeFi

Investor, early crypto adopter, and CEO of Gemini exchange, Tyler Winklevoss, predicted that competition between stablecoins will really begin once Wall Street moves into decentralized finance, or DeFi, during a recent interview with The Defiant’s Camila Russo. However, despite his optimistic outlook for DeFi, the Gemini co-founder asserted that the crypto industry currently does not … Read more

USDA Approves Wyoming Hemp Plan

The United States Department of Agriculture (USDA) has approved the Wyoming hemp regulatory plan and has granted authority to the Wyoming Department of Agriculture (WDA) to regulate the hemp industry in Wyoming. The WDA resubmitted the Wyoming hemp plan on January 31, 2020 after USDA issued the  Domestic Hemp Production Program interim final rule late … Read more