US Treasury Approves Square as Coronavirus Stimulus Lender
Square, the bitcoin-friendly company behind Cash App, announced Monday it is participating in the U.S. government’s emergency Paycheck Protection Program.
Stimulus
Winners and Losers in the US’ $1,200 Check Blitz
May 18, 2020
Wealth and age determine when and how 250 million Americans get their stimulus payments, says our columnist J.P. Koning.
For tech-savvy young adults in communities often overlooked by traditional big business, the crypto and blockchain industry offers opportunities that others don't.
First Mover: ECB Stimulus May Offer Market Hope After Bitcoin Fails (Again) to Break $10K
Jun 3, 2020
After another failure above the $10,000 mark, some bitcoin traders are now looking ahead to this week's European Central Bank meeting, where authorities could commit to an extra €500 billion in money injections – er, asset purchases.
Exchanges like Coinbase are reporting a spike in deposits matching the $1,200 value of U.S. government stimulus checks.
Andrew Yang, ex-presidential contender and friend of crypto, says today's stimulus won't get Americans through the crisis. (Also, he might run for NYC mayor.)
Stimulus
