Free Republic

A U.S. digital currency could be on the horizon. The Biden administration is putting its support behind the research and development of a “U.S. Central Bank Digital Currency,” or CBDC. The move is part of a sweeping executive order President Joe Biden signed Wednesday instructing the federal government to explore possible uses of and regulations for digital assets like cryptocurrencies. "My Administration places the highest urgency on research and development efforts into the potential design and deployment options of a United States CBDC," the executive order reads. The order asks for a wide variety of agencies to begin research and...

As Bitcoin and gold hit 2020 highs, Uphold unveils a revolutionary new product redefining “store of value” for a panicked age. It’s physical gold. It’s crypto. It’s government-backed. It’s a new product from a Silicon Valley company mutating gold and crypto into a single unit. And it’s as deeply fear-soaked as anything since, well, 2020.  Today Uphold, a digital investment platform based in San Francisco, announced what it calls “a better form of gold”: Universal Gold. Users can buy the gold crypto UPXAU — a token verifiable on the Ethereum blockchain and audited by the security firm CertiK — and Uphold instantly contracts to...

Undocumented Immigrants Buying Homes With Fake IDs Government-Backed Loans Going To Those With Phony Social Security No. POSTED: 11:04 am MST February 23, 2005 UPDATED: 12:42 pm MST February 23, 2005 More Americans are homeowners than ever before thanks in part to government-backed loans that help young homeowners get into their first house. But with a government system so focused on homes sales, is any agency checking to make sure that undocumented immigrants are prevented from getting such loans? Who is verifying identification? Video 7NEWS Investigation: Illegal Immigrants Getting Government Home Loans How is it that an undocumented immigrant can...