RATE Group | Cryptocurrency News Today – October 3rd 2019 
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Cryptocurrency News Today – October 3rd 2019 

03 Oct Cryptocurrency News Today – October 3rd 2019 

Posted at 11:12h in Cryptocurrency News by

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  • United State Lawmakers Probe Federal Reserve On Their Intent About National Digital Currency 
  • Digital Currency Might Take Over Paper Money In Time – U.S Lawmakers 

Some members of the United States House of Representatives have asked the Federal Reserve if it has any plan of launching a U.S dollar digital currency. As the Federal Reserve has the power to create a national digital currency. The question was raised by Two U.S. lawmakers who believe having a dollar digital currency will better transactions for digital investors.

Bitcoin (BTC) Price Today – BTC / USD

In a letter sent by Rep. French Hill (R-Ark.) and Rep. Bill Foster (D-Ill.), they stated their worries pertaining the danger of having a private company or another company developing a universal accepted cryptocurrency, and thus have asked for the central bank intent about creating its digital currency. It stated, “We are concerned that the primacy of the U.S. Dollar could be in long-term jeopardy from the wide…

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