Digital dollar needs broad consensus among authorities, says US Treasury Secretary
Such a move would require broad consensus among Congress, the U.S. central bank and the White House.
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Fed’s Quarles says regulators should show ‘constraint’ on stablecoins to avoid hampering innovation
Quarles said some of the approaches on stablecoin regulation from the President's Working Group on Financial Markets’ November report are unnecessary.
Biden is considering law professor, Fed president, and former CFPB director to fill 3 seats on Federal Reserve: Report
Fed governor Randal Quarles resigned his position effective as of the end of December, while Richard Clarida is expected to leave in January 2022, leaving three vacancies in the group…
El Salvador’s President Asks the Fed to Stop Printing Money
On Dec. 1, the outspoken Nayib Bukele responded to a Bloomberg report detailing Federal Reserve chair Jerome Powell’s comments on inflation. Interestingly, El Salvador’s president asked the Fed chief to…
Hedge Fund Chief’s Inflation Prediction And What it Could Mean for Crypto (Opinion)
In a CNBC interview over the week, a major hedge fund manager predicted that “massive inflation” will lead the Fed to hike interest rates six times by 2024. Crypto traders…
Bitcoin Dips As Powell Voices Plans To Accelerate Bond Taper
Jerome Powell – Chairman of the Federal Reserve – has now confessed that rising US inflation numbers are not “transitory”. As such, he is considering speeding up the taper on…
Bitcoin, stocks and commodities correct after Fed chair mentions policy change
BTC, stocks and commodities took a hit after the Federal Reserve acknowledged that inflation is more than just a “transitory” problem and hinted that tapering could occur sooner than expected.
BIS Innovation Hub partners with Fed to support analysis of digital assets
Jerome Powell cited CBDCs and digital assets in his speech to open the New York Innovation Center at the Federal Reserve’s local offices.
Law Decoded: India ponders going full China on crypto, Nov. 22–29
The world's sixth-largest economy could adopt a hardline stance against decentralized cryptocurrencies as soon as this winter.
Mexico’s Third Richest Person: Buy Bitcoin Right Now
One of the wealthiest Mexicans – Ricardo Salinas Pliego – continues with his support for bitcoin by urging investors to allocate money to it. Comparing the primary cryptocurrency to gold,…
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