Category: reserve currency

Federal Reserve Chairman Jerome Powell believes that there is no need for cryptocurrencies if there is a digital dollar. “I think that’s one of the stronger arguments in its favor,”…

Ray Dalio, the founder of Bridgewater Associates hedge fund firm, stated that China’s digital yuan would be more competitive than the US digital dollar. The US billionaire investor accepted an interview…

According to Paypal cofounder Peter Thiel, the Chinese government, which detests the U.S. dollar’s reserve currency status, could be using bitcoin as a financial weapon against the U.S. While he…