Relief

It's a Struggle to Access Crypto Relief in Venezuela

It’s a Struggle to Access Crypto Relief in Venezuela

CARACAS, Venezuela — At first blush, it looked like cryptocurrency adoption was poised to make a huge stride in Venezuela. Late last month, Venezuelan opposition leader Juan Guaidó announced he would use the digital currency exchange Airtm to redistribute some $19 million to Venezuelan health care workers. The money would come from funds that the …

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Former CFTC chair says a tokenized dollar could be a better way to hand out relief money

Former CFTC chair says a tokenized dollar could be a better way to hand out relief money

A tokenized U.S. dollar would make it easier for the government to put money into the hands of people who need it during crises like the COVID-19 pandemic, according to a high-profile lobbying group that’s trying to make a digitized USD a reality. The Digital Dollar Project is headed by J. Christopher Giancarlo – former …

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Blockchain Bites: Coinbase and BlockFi Do Some Major Hiring, Tron Gets Coronavirus Relief

Blockchain Bites: Coinbase and BlockFi Do Some Major Hiring, Tron Gets Coronavirus Relief

Justin Sun’s Tron platform successfully applied for a $2 million pandemic relief loan intended for small businesses. Coinbase has scooped up employees from the now-defunct TokenAnylist startup while BlockFi has poached two executives from Credit Suisse and American Express to join its lending firm. Here’s the story: You’re reading Blockchain Bites, the daily roundup of the …

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