Auto Added by WPeMatico

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.

Continue ReadingFed’s Quarles says regulators should show ‘constraint’ on stablecoins to avoid hampering innovation

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…

Continue ReadingBiden is considering law professor, Fed president, and former CFPB director to fill 3 seats on Federal Reserve: Report

House committee announces crypto CEOs will testify at Dec. 8 hearing on digital assets

The hearing, "Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States," is the latest from Congress to explore the issues…

Continue ReadingHouse committee announces crypto CEOs will testify at Dec. 8 hearing on digital assets

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…

Continue ReadingHedge Fund Chief’s Inflation Prediction And What it Could Mean for Crypto (Opinion)

Bitcoin Miner Griid Infrastructure Merges with ADEX to Go Public on NYSE

Griid Infrastructure – an American bitcoin mining company known – and the blank check firm – Adit EdTech Acquisition Corp. (ADEX) – announced their merger. As a result, the latter…

Continue ReadingBitcoin Miner Griid Infrastructure Merges with ADEX to Go Public on NYSE

Congressional candidate seeking to unseat anti-crypto Brad Sherman is accepting contributions via Lightning

An elementary school teacher, Aarika Rhodes said she plans to use her time in Congress “fighting to keep Bitcoin innovation” in the United States.

Continue ReadingCongressional candidate seeking to unseat anti-crypto Brad Sherman is accepting contributions via Lightning