HTML Bunker to be released by HTMLCoin

HTMLCoin is going to launch its brokerage platform on August 5 fully dedicated to the native token
19 June 2018   1697

As South America grows interest in crypto assets, the world's first crypto brokerage platform by HTMLCoin is rolling out in August 5. It will be dedicated completely to HTMLCoin with 20 different trade mark pairs. The motivation is to add strength to the native token.

The crypto pairs portfolio will include Bitcoin, Bitcoin Cash, Ripple, Litecoin, Mono, Dash, Tron, EOS, Cardano and many others. The exchange is going to act like a bank that only accepts USD as the preferred trading currency. It will offer clients a more advanced and improved brokerage service having partnerships with various banking services. The platform will utilize hybrid blockchain technology to benefit from both Bitcoin and Ethereum.

More details are available here. Price-wise, HTMLCoin indicators are as follows:

Average price 0.000290 USD
Market cap 19,110,952 USD
Volume (24H) 204,967 USD

US Federal Reserve to Consider Digital USD Issue

If a some country or company issues digital money that is widely recognized, this could lead to the loss its status by the USD, fed official believes
17 October 2019   66

The US Federal Reserve is actively considering the possibility of issuing digital currency, fearing the dollar will lose its leading position in the global financial system. This was stated by President of the Federal Reserve Bank of Dallas Rob Kaplan, reports CoinDesk.

In his opinion, if a foreign government or company issues digital money that is widely recognized, this could lead to the loss of the status of the world's reserve currency by the dollar.

On the eve of the previous chairman of the Commodity Futures Trading Commission (CFTC), Christopher Giancarlo also expressed concern that the re-issuance by other countries of national currencies in digital form could lead to the dollar losing its dominant role in the world. He called for the release of a digital dollar on the blockchain.

Bank of England Governor Mark Carney said earlier that a digital currency like Facebook’s Libra can replace the dollar as a global reserve currency.

The emergence of an attractive and viable alternative to the dollar will reduce demand for US government securities, Kaplan said. This will lead to an increase in interest rates by 100 basis points (1%), which will increase the cost of servicing public debt by $ 200 billion per year.

I still think for the foreseeable future, the dollar will be the world reserve currency, we’re able to refinance our debt at relatively low rates, but I don’t think we should take that for granted.

Rob Kaplan

President, Federal Reserve Bank of Dallas

Kaplan noted that countries subjected to sanctions or increased trade tariffs by the United States are working most actively on the digital alternative to the dollar.