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What Is a Stable Coin?
A stable coin is a type of cryptocurrency that is not subject to the same market volatility found in the day-trading varieties, such as, Bitcoin or Ethereum. This new variety of coin has the potential to completely transform the digital currency investments topography. Named for the stability and steady valuation they offer, stable coins are not in the buy-and-hold class. Stable coins encourage spending. Though they may accrue value in the long view, they're not a short term
U.S. Must Lead Global Cryptocurrency Innovation, says CBC
Image Courtesy wix.com On February 21st, 2018, the Congressional Blockchain Caucus (CBC) sent a letter to the heads of the US Securities and Exchange Commission (SEC) and the US Commodity Futures Trading Commission (CFTC) urging them to have a light hand in regulating cryptocurrency innovation. “Cryptocurrency networks are much more than alternatives to the dollar or payment mechanisms," the letter explained. Caucus members, Jared Polis (D.-CO), Tom Emmer (R.-MN) and David Sc
Facebook, Crypto, Blockchain and the GDPR
Image courtesy wix.com Sometime around May 11, 2018, unnamed sources told Cheddar.com that Facebook is exploring the creation of it's own cryptocurrency, and needs to make acquisitions in the blockchain and cryptocurrency space in order to develop its this virtual currency. The social media giant began its examination of blockchain technology to see how it could also be used to help Facebook verify the identity of accounts and encrypt data. David Marcus, VP in charge of the M
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