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More than 130 countries and currency unions, representing 98 percent of global gross domestic product, are exploring a central bank digital currency (CBDC). But in the United States, CBDC has become highly politicized, with several leading politicians speaking out against its development. The race for the future of money is on, so here are the key items to ...
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The U.S. Securities and Exchange Commission has filed fraud charges against Texas-based crypto mining and hosting company Geosyn and its two co-founders Caleb Ward and Jeremy McNutt for alleged engagement in a $5.6 million fraud case. “Almost everything that Defendants represented about Geosyn’s miner purchases and operations contained some element of ...