FameEX Morning Crypto News Recap | September 20, 2023

Economist Peter Schiff Issues Warning About 'Looming Crisis' and Possible US Dollar Collapse — Anticipates 'Approaching Day of Reckoning

Economist Peter Schiff has sounded the alarm on the U.S. economy, foreseeing a grim future marked by a dollar and sovereign debt crisis. He blames the Federal Reserve's extensive money printing and insists that the looming day of reckoning is drawing near, emphasizing the gravity of the situation.

Circle CEO Jeremy Allaire Doubts the Stablecoin Bill Will Become Law

Jeremy Allaire, CEO of Circle, expresses skepticism about the swift enactment of stablecoin regulations in the U.S. Despite widespread agreement on the necessity of such regulations, he doubts that the recently introduced 'Clarity for Payment Stablecoins Act' will become law, as discussed during his appearance on the Unchained podcast with Laura Shin.

Disapproval of Anti-Crypto Presidential Candidates in Four Swing States

A poll across New Hampshire, Nevada, Ohio, and Pennsylvania found that 55% of respondents would be less likely to back a presidential candidate against Web3 technology. This suggests that a substantial proportion of voters in these states factor a candidate's position on Web3, blockchain, and decentralized tech into their political choices.

Indian State Authorities Promote the Integration of Blockchain in Public Administration

Various local and state governments in India have incorporated blockchain technology into projects such as data management systems and the issuance of verifiable certificates. This reflects an increasing trend of blockchain adoption in the public administration sector, promising improved transparency and efficiency in governmental processes.