Bitcoin Supports U.S. National Security Objectives: Report
The Bitcoin Policy Institute argues that Bitcoin can aid the U.S. in countering strategic adversaries while ensuring local growth.Bitcoin can support the U.S. national security objectives identified by the Biden administration while countering strategic adversaries that come to challenge the dollar-based global monetary system, the Bitcoin Policy Institute (BPI) said in its latest research report.“Bitcoin is here to stay. It’s time national security decision-makers understood the implications,” per the report.The institute argues that Bitcoin could help the U.S. navigate the possible....
Related News
On the weekly recap, NLW looks at growth in institutional investment, big interest among the G20 in CBDCs and a new National Security Council report.
The RAND Corporation, an influential global policy think tank with strong defense and homeland security ties, has released a report titled “National Security Implications of Virtual Currency .” The report, freely available online , examines the feasibility for non-state actors, including terrorist and insurgent groups, to increase their political and/or economic power by deploying a virtual currency (VC) for use in regular economic transactions. The report was sponsored by the U.S. government through the Office of the Secretary of Defense, and the research work was conducted within the....
The seven central banks, along with BIS, have released a report setting out agreed core objectives that must be met by national digital currencies.
The Pentagon is spearheading a new program in order to deeply look into different types of cryptocurrencies and find out what kind of risks they could pose to national security and law enforcement, a Friday report published by The Washington Post disclosed. The Defense Advanced Research Projects Agency, the research and development arm of the […]
According to a report, the Central Bank of Nigeria (CBN) is planning to have its proposed digital currency designated “critical national infrastructure” in order to protect it from operational and cyber-security risks. In addition, the CBN will also apply regulatory and compliance mechanisms to prevent what it calls “disruptive competition for electronic money.” Cost Versus Benefit As a Thisdaylive report explains, the digital currency which will be known as the e-naira will initially co-exist with traditional payment systems. CBN hopes that this strategy will help....