latest Crypto World News

Search and discover the latest Cryptocurrency updated Stories in Categories.

24-7 Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources.

Do digital wallets solve the Coronavirus safety issue?

Do digital wallets solve the Coronavirus safety issue?
In the wake of the Coronavirus epidemic while cryptocurrency seems to be the only industry flourishing. The million-dollar question; would digital wallets solve the security issues that arise in a viral epidemic? also rises.
While the United States government is preparing for a $2T stimulus , House Financial Services Committee Chairwoman Maxine Waters declared the legislative text on 23rd March 2020. The bill would demand big federal reserve banks and other financial institutions to distribute digital wallets to provide economic stability to USA citizens and businesses in this time of need.
The imminent need for Digital wallets
The use of digital currency and the establishment of the digital wallet has been discussed in the past, but the current circumstances pose a threat that makes their use mandatory. This can also pave the way for the US central bank to establish its digital currency, which can be set in action once the pandemic comes to a halt.
Daniel Gorfine, founding director of the Digital Dollar Project, stated that the present circumstances have made clear that there is a need to refurbish the financial infrastructure. However, the widescale implementation of Central Bank digital currency (CBDC) will take time and careful coordination between the government and private sector stakeholders.
Morgan Creek Digital co-founder, Anthony Pompilano expressed his opinion that this move would result in a great influx of people towards Bitcoin.

The government wants to give stimulus money to Americans through a digital dollar.
This will onboard hundreds of millions of people to Bitcoin.
— Pomp shares this Contents with License.

Thank you for Share!


Search Crypto News


The latest Top News, from up to 70 Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed simple and intuitive, usable by all Devices, fast and effective.


  • BlockChain Knowledge Base

  • Cryptocurrency Knowledge Base

  • Bitcoin Knowledge Base

    BITRSS | Submit Your Crypto NEWS not only Update the Sources several time a day and allow Visitors to follow and comment on the latest News; We accept submissions of your own Bitcoin and related Crypto stories.

    Our Team will evaluate in depth, human touch, if the Rss and Feeds Sources, will be in line with our policy.

    Protected by Copyscape

    Please support if you like it, share your favorite News to your Socials!

24h Most Popular News