Jerome Powell Makes Crucial Comment for Cryptocurrency Market

2024-2-1 14:13

Fed chair comments should not be ignored

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comments chair should ignored fed market makes

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Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs

Michael Barr, vice chair for supervision at the U. S. Federal Reserve, commented on matters related to stablecoins and CBDCs on Nov. 7. According to reports from Bloomberg, Barr said: “There is interest in strong, federal regulation of stablecoins that makes sure the Federal Reserve can approve, regulate and enforce against stablecoin issuers, including wallets.

2023-11-8 01:20


Bitcoin Price About To Hit $30K – Factors Pushing BTC Higher

Following US Federal Reserve chair Jerome Powell’s recent comments that led to higher treasury yields, Bitcoin price and other cryptocurrencies experienced modest gains on Friday. However, a legal action by the state of New York against Digital Currency Group, Genesis Global Capital, and the Gemini crypto exchange, alleging fraud exceeding $1 billion, created some uncertainty. […]

2023-10-20 09:31


Central Banks Will Always Be Source of Trust in Money, Says Fed Chair

Federal Reserve (Fed) Chairman Jerome Powell has spoken at the Conference on Opportunities and Challenges of the tokenization of finance, hosted at the Louvre by the Banque de France. In his comments, the Fed chairman addressed the current “DeFi winter,” the utility of stablecoins, and reiterated that a dollar-based central bank digital currency was still … Continued The post Central Banks Will Always Be Source of Trust in Money, Says Fed Chair appeared first on BeInCrypto.

2022-9-28 20:30


4 Bitcoin Futures-backed ETFs Filed Since SEC Chair Gary Gensler Signaled His Openness to Them

Grayscale’s global head of ETF reads Chair Gensler’s comments to be “very positive,” while ProShares’ head of investment strategy says, “the advantage of this approach is clear.” The post 4 Bitcoin Futures-backed ETFs Filed Since SEC Chair Gary Gensler Signaled His Openness to Them first appeared on BitcoinExchangeGuide.

2021-8-13 17:06