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Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications
On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies and cross-border payments with the Federal Reserve Chair Jerome Powell. дальше »
2020-10-20 00:00 | |
Fed Still Mulling Over The Possibility Of A Digital Currency – Chairman Jerome Powell
The US Federal Reserve is still interested in creating a Central Bank Digital Currency (CBDC) but is yet to make a final decision on when and how the project will be undertaken. That’s according to a recent opinion by Jerome Powell. дальше »
2020-10-20 20:51 | |
Fed Chairman Powell Reveals The US Is ‘Working Hard’ On A Digital Dollar
Federal Reserve Chairman Jerome Powell discloses that the US is indeed working on a central bank digital currency Facebooks’ Libra, he said was what “lit a fire” under its work towards the digital dollar Federal Reserve Chairman Jerome Powell revealed in his testimony before Congress that the US was “working hard” on its own digital […] дальше »
2020-2-12 22:48 | |
Bitcoin Price Soars as Jerome Powell Confirms Crypto’s Threat To U.S. Dollar
The price of bitcoin soared after Jerome Powell acknowledged that systemic threats have triggered a lot of digital currency projects. The post Bitcoin Price Soars as Jerome Powell Confirms Crypto’s Threat To U.S. Dollar appeared first on CCN.com дальше »
2020-2-11 21:54 | |
Mnuchin Has No Problem With Libra Crypto Launch; Agrees With Powell, No Need For A Digital Dollar
Steven Mnuchin, the US Treasury Secretary said that he and Jerome Powell, the Federal Reserve Chairman, think the US doesn’t need to create a digital currency soon. This is what Mnuchin declared on Thursday, at a Washington House Financial Services Committee hearing: “Chair Powell and I have discussed this — we both agree that in […] дальше »
2019-12-6 17:59 | |
United States Examines Launching Digital Currency, Confirms Federal Reserve Chairman
United States Federal Reserve Chairman Jerome Powell has confirmed that the nation is looking into launching its own Central Bank Digital Currency (CBDC). The news comes at a time when many other nations have also hinted at launching their own national digital currencies in a race to be among the first countries to do so. дальше »
2019-11-21 13:34 | |
The Fed Is Analyzing A Central Bank Digital Currency, But Would The US Benefit As Much As Others?
The U. S. Federal Reserve System (FED) is analyzing the possibility to issue a digital dollar. Although there is nothing confirmed, Jerome Powell, the Chairman of the FED, explained that they are exploring whether it makes sense to issue a Central Bank Digital Currency (CBDC). дальше »
2019-11-21 23:49 | |
Bitcoin is a cure to deflationary death spiral in the current market scenario claims Mark Yusko
According to many experts, the US economy could suffer another crack with the market indicators suggesting a potential recession at bay. Despite Federal Reserve Chairman, Jerome Powell asserting that US economy was in “a good place”, developments suggest the contrary. дальше »
2019-10-7 23:30 | |
Bank President Says US Digital Currency Is Inevitable
In a letter to Jerome Powell, two congressmen have asked the Federal Reserve chairman to consider developing a US-backed cryptocurrency. In short, they believe this is necessary to keep pace with the rest of the world. дальше »
2019-10-4 16:00 | |
Cryptocurrency is Part of the Global Currency War, Says Federal Reserve Branch Head
Cryptocurrency has found itself on the center stage of the global political sphere over the past several weeks, which first began when Fed Chair Jerome Powell compared Bitcoin to gold. Shortly after this, US President Donald Trump shared his thoughts on BTC, which sparked what appears to be a regulatory crackdown on the nascent markets. дальше »
2019-7-20 03:00 | |
Libra all set for a crucial week, as CEO of Calibra awaits hearing in Washington
It has been a long and exhausting week for Facebook’s Libra cryptocurrency after the imminent crypto asset ended up on the wrong side of most prominent people. Just this week, the social media-backed virtual currency received criticism from the Chairman of the Fed Reserve, Jerome Powell, and soon after, the President of the United States, […] The post Libra all set for a crucial week, as CEO of Calibra awaits hearing in Washington appeared first on AMBCrypto. дальше »
2019-7-14 19:00 | |
Fed Chairman Powell: Bitcoin Is A Store of Value Like Gold
Cryptocurrencies took the center stage again during Federal Reserve Chairman Jerome Powell’s second day of testimony before the U. S. Senate. Today, lawmakers expressed their concerns about the threat that bitcoin and other cryptocurrencies pose to the financial system, including the possible challenge of bitcoin replacing the U. дальше »
2019-7-12 01:02 | |
Game of Thrones’ Jerome Flynn, aka Bronn, to Back New VeganNation Cryptocurrency Project
Jerome Flynn, the recognized actor of Game of Thrones (GoT), is currently part of the advisory board of a vegan crypto-related project that has launched its own virtual currency. Mr. Flynn plays “Brinn” in the TV series GoT. дальше »
2019-5-21 18:18 | |
US Fed Reserve Chair Bashes Crypto’s Money Properties, Says “Not Really a Currency”
Jerome Powell Claims Bitcoin is Not a Real Currency and Has No Intrinsic Value The head of the United States Federal Reserve issued a warning to Congress earlier today regarding cryptocurrencies. Federal Reserve chair Jerome Powell, who took the position in February, said on Capitol Hill that bitcoin and other cryptocurrencies are dangerous to “unsophisticated […] дальше »
2018-7-21 00:41 | |