Federal Reserve is to issue digital money

Fed officials voiced their opinions about cryptocurrency and stable money
30 November 2017   822

It was reported during a conference on November 29 that the Federal Reserve is planning to issue its own cryptocurrency. The president and CEO of the New York branch of the organization William Dudley declared that the Fed was excited of digital currency and tried to examine it. He also added that despite apparent interest to this social and economic phenomenon it was too early to say about introducing such ideas.

Dudley admitted that he understood the fact of immaturity of the plan and voiced concerns for safety of digital currency. Digital currency is, in his view, more risky than stable money.

But other officials are not so certain that idea of issuing of Fed’s own cryptocurrency can spring to life. As Patrick Harker, the President of Fed’s Philadelphia branch, said, using both digital and stable money is only matter of trust. He declared that the world used paper money because of belief that the government supports it.

Google to Add BTC Symbol for iOs Users

Bitcoin symbol comes in Gboard when holding the dollar symbol
20 February 2019   96

oogle Inc. has added the bitcoin symbol available on the keyboard of iPhone users. Reported Decrypt.

To use it in a message, you need to switch from the standard Apple keyboard to the Google Gboard keyboard and hold down the dollar symbol. The pop-up window will display symbols of several major world currencies. Bitcoin icon is located on the left.

BTC Symbol in Gboard for iOs
BTC Symbol in Gboard for iOs

Whether the symbol will be added to the Android keyboard is still unknown.