Stimulus

Breakdown 10.31
The World Is Never Getting Off Government Stimulus
The Breakdown weekly recap looks at bitcoin buying by Iran, JPM Coin and the latest round of lockdowns coming to Europe.
Breakdown 10.31

CoinDesk placeholder image
Pelosi, Kudlow Signal Market-Moving US Stimulus May Wait Till After Election: Report
With a strong correlation between stocks and the bitcoin price in recent months, analysts say a stimulus package could boost BTC as well.
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U.S. Speaker of the House Nancy Pelosi
US House Speaker 'Optimistic' About Reaching a Stimulus Pact: Reports
House Speaker Nancy Pelosi said she is “optimistic” after the Trump administration made concessions on coronavirus testing and tracing ahead of a Tuesday evening deadline.
U.S. Speaker of the House Nancy Pelosi

Treasury Secretary
Steven T. Mnuchin
Pelosi, Mnuchin Edge Closer to a Stimulus Deal; Agreement Won't Guarantee Passage
"The Speaker continues to hope that, by the end of the day Tuesday, we will have clarity on whether we will be able to pass a bill before the election," her spokeswoman tweete...
Treasury Secretary
Steven T. Mnuchin

U.S. Speaker of the House Nancy Pelosi
Pelosi Says It's Tuesday or Bust if White House Wants a Pre-Election Stimulus Package: Report
The House Speaker said if a deal isn't reached by Tuesday evening, a package won't be likely before Nov. 3.
U.S. Speaker of the House Nancy Pelosi

U.S. President Donald Trump
Trump Says He Would Increase Stimulus Offer to Reach Deal With House Democrats: Report
There's still a chance a stimulus package can be passed before the presidential election, but those chances are fading, said the U.S. president.
U.S. President Donald Trump

The US. Capitol
Pelosi Says Stimulus Talks at Impasse; Trump Blames Pelosi: Report
The U.S. House Speaker says President Trump's recently boosted proposal still doesn't go far enough.
The US. Capitol

White House, Washington, D.C.
Trump Administration Readying $1.8T Stimulus Proposal: Report
Bitcoin is up 54% this year on speculation that trillion-dollar stimulus efforts by governments and central banks will lead to inflation.
White House, Washington, D.C.

Rep. Tom Emmer
US Lawmakers Advocate for Blockchain Use in COVID-19 Relief Efforts
Lawmakers are urging President Trump to consider blockchain solutions in the fight against COVID-19.
Rep. Tom Emmer

Flag of Bermuda (Creative Photo Corner/Shutterstock)
Government of Bermuda Pilots Stimulus Token in Response to COVID-19 Crisis
Bermuda is looking to speed up the distribution of financial aid to its citizens and has begun trialing a digital stimulus token.
Flag of Bermuda (Creative Photo Corner/Shutterstock)