2021-9-28 00:25 |
At a November 2020 virtual conference, Rob Kaplan said "it is critical that the Fed focuses on developing a digital currency in the coming months and years." origin »
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In its New York subsidiary, the U.S. Federal Reserve (Fed) completed the first test of Project Cedar, the initiative testing a central bank digital currency (CBDC). The New York Innovation Center (NYIC) carried out this first phase and highlighted the potential for digital assets and blockchain technology to improve legacy payment rails. Related Reading: Twitter […]
2022-11-5 21:19 | |
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Bitcoin price has jumped over 15% during the last 24 hours, currently trading above $6,700. Here are three main reasons behind the surge: Congress Discuss Digital Dollar by Fed to Fight Crisis House Democrats proposed two bills that revolve around the creation of a digital dollar and digital wallets, so that the Federal Reserve (Fed) could transfer digital cash directly to individuals and businesses.
2020-3-25 16:00 | |
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Lael Brainard said in a speech that the Fed is looking at digital ledger use cases including for a possible central bank digital currency.
2020-2-6 15:00 | |
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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).
2019-11-21 23:49 | |
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Jerome Powell has said his institution is looking into the possibility of developing a digital currency, but the option throws up many policy questions and unclear benefits.
2019-11-21 15:16 | |
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Alan Greenspan, the second longest-serving chairman of the Federal Reserve, has denounced sovereign digital currencies as pointless at an economic conference in China. According to CNBC, Greenspan also criticized Facebook by claiming that the sovereign credit of the United States was stronger than anything Facebook could create or imagine, November 12, 2019.
2019-11-13 18:00 | |
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Former Fed chair Alan Greenspan has argued there’s “no point” for central banks to issue central bank digital currencies
2019-11-12 12:26 | |
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Former Fed Chairman Alan Greenspan is cool to the idea of the US central bank launching its own digital token
2019-11-12 08:59 | |
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2019 saw the adoption of blockchain go through the roof, with many global economies figuring out regulations and announcing their own centrally-backed digital currencies. However, according to former The post Central bank-issued digital currency not required: Former Fed Chairman appeared first on AMBCrypto.
2019-11-12 08:58 | |
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The United States Federal Reserve is looking to employ a Manager, Retail Payments, part of whose responsibilities will be to oversee the research of digital currencies and distributed ledgers. The job ad has been published amid pressure from Capitol Hill to explore the possibilities of issuing a digital dollar.
2019-11-6 01:20 | |
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Bitcoin is going to benefit from the ongoing repo crisis in the US banking system, hinted Gabor Gurbacs of VanEck, a New York-based investment management firm. The Digital Asset Strategist, who oversaw the drafting and filing of VanEck’s Bitcoin ETF application to Securities and Exchange Commission (SEC), on Thursday indicated that Fed’s plans to inject.
2019-10-24 16:00 | |
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Rob Kaplan, President of the Fed Reserve in Dallas, and a former executive at Goldman Sachs is the latest to come out in support of digital currency. This comes at a time when regulators are keenly looking into how cryptocurrencies like Bitcoin and Libra might disrupt the financial systems. While speaking at an event in […]
2019-10-17 18:43 | |
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Cryptocurrencies are recovering somewhat today, as we alluded to yesterday. While Bitcoin is still weak at slightly above $8,000, the altcoin thawing continues with a few outliers leading the way.
2019-10-17 18:37 | |
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The US Federal Reserve Governor Lael Brainard said yesterday that Facebook must overcome a “core of legal and regulatory challenges” before facilitating payments with its ‘cryptocurrency’ Libra.
2019-10-17 13:44 | |
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Coinspeaker Fed Official Confirms that the U. S. Central Bank Is Actively Considering Digital DollarThe Fed official says that if the U. S. has to keep its dominant position in global commerce, it needs to consider having a digital dollar that can be easily adopted.
2019-10-17 12:29 | |
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Federal Reserve Bank of Dallas President Rob Kaplan says the U.S. dollar faces increasing threats to its status as the global reserve currency.
2019-10-17 00:30 | |
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Oxford University Press published its recent quarterly report which revealed the term ‘satoshi’ was added to the Oxford English Dictionary (OED) database. The word represents the “smallest monetary unit in the Bitcoin digital payment system,” according to the definition.
2019-10-16 00:25 | |
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Members of the US Congress the French Hill (R-Arkansas) and Bill Foster (D-Illinois) have recommended the Federal Reserve regarding issuing a digital version of the US dollar. In a letter addressed to the Fed, they highlighted that the country’s currency is in long term danger due to the acceptance of digital fiat currency. Sheila Bair, […]
2019-10-7 21:59 | |
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Philadelphia Federal Reserve bank president Patrick Harker said it is “inevitable” for the central banks to start issuing digital currency.
2019-10-4 23:00 | |
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Will the US Federal Reserve jump onto the digital currency bandwagon? According to Philadelphia Federal Reserve bank president Patrick Harker, it’s “inevitable. ” However, he said the United States should not be the first one to make such a move.
2019-10-3 21:37 | |
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Central bank digital currencies are “inevitable,” says Patrick Harker, president of the Federal Reserve Bank of Philadelphia
2019-10-3 17:11 | |
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It seems Patrick Harker, the president of the Philadelphia Fed, has finally got the memo, accepting that central bank digital currencies (CBDC) are “inevitable. ” Still, that isn’t enough for America to take the lead on them.
2019-10-3 17:05 | |
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"We are concerned that the primacy of the U.S. Dollar could be in long-term jeopardy from wide adoption of digital fiat currencies."
2019-10-3 02:08 | |
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"We are concerned that the primacy of the U.S. Dollar could be in long-term jeopardy from wide adoption of digital fiat currencies."
2019-10-3 02:08 | |
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Ex Federal Reserve senior official, Simon Potter, has rebutted against Mark Carney’s recent suggestion to introduce a digital currency to be used as the global reserve currency for international settlement.
2019-9-26 19:00 | |
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Председатель Совета управляющих Федеральной резервной системы (ФРС) Джером Пауэлл заявил, что его ведомство следит за сферой криптоактивов, однако не планирует выпуск собственной цифровой валюты. Highlight: “We are following the whole question of digital currencies,” says Fed Chair Jerome Powell.
2019-9-7 19:43 | |
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2019 has been an incredibly important year for digital currencies. The collective cryptocurrency market broke away from the bearish winter and digital assets have again started to gain attention from various financial institutions and personalities.
2019-9-7 16:00 | |
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The chair of the U. S. central bank (Fed), Jerome Powell, recently spoke about some of the hottest crypto subjects during a forum sponsored by the Swiss Institute of International Studies. During his presentation, he was asked whether central banks should issue their own centrally-backed cryptos and if they were losing an opportunity for not […]
2019-9-7 03:03 | |
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Federal Reserve Chairman Jerome Powell argued that central banks will not likely release their own digital currency in the near term
2019-9-7 01:24 | |
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Известный криптовалютный аналитик, основатель BKCM Digital Assets Брайан Келли, полагает, что у ФРС США, то есть центрального банка самой крупной экономики мира, никогда не появится возможности полностью «закрыть» функционирование Bitcoin.
2019-8-10 14:26 | |
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In a tweet on August 7, 2019, Anthony Pompliano, co-founder at Morgan Creek Digital said Bank of America believes the U. S. Federal Reserve may have to fall back on quantitative easing by the fourth quarter of 2019.
2019-8-9 12:17 | |
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The past week has been quite eventful in the field of cryptocurrency, with the recent tweet by Donald Trump, the U.S president, on Bitcoin a cherry on top of the cake. The president of the free world lashed out at Bitcoin claiming he is “not a fan” of the digital asset and calling for regulation […]
2019-7-15 21:22 | |
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It is slowly becoming an impossible year to keep your eyes off from. Not only has Bitcoin and its family of cryptocurrencies outperformed most traditional stocks and assets, but today everyone from a small-time trader to the President of the United States, is tweeting about the digital asset.
2019-7-13 18:00 | |
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Yesterday has been quite a historic day for the bitcoin and cryptocurrencies as the Fed and President of the US both talked about digital currencies. The Validation Of The Highest Order While answering questions before the Banking Senate Committee on Thursday, Jerome Powell was asked if a cryptocurrency system became prevalent throughout the globe, would […]
2019-7-12 16:01 | |
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Monetary policy may or may not have a direct impact on bitcoin, but the US Federal Reserve's dovish pivot is helping gold regain a bit of shine from its digital counterpart. The precious metal popped to its weekly high today, extending gains from the previous session after Federal Reserve Chairman Jerome Powell appeared to set […] The post Gold Beats Bitcoin as Fed Chair Powell Finalizes Dovish Pivot appeared first on CCN Markets
2019-7-12 21:02 | |
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Bitcoin is going to benefit from the growing distrust between the US President Donald Trump and Federal Reserve Chairman Jerome Powell, believes Mr. Michael Novogratz of Galaxy Digital, LLC. The billionaire founder said on Wednesday that he is becoming “more bullish” on bitcoin after President Trump reportedly threatened to demote Mr.
2019-6-19 18:44 | |
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In a recent Tweet, the recognized investor and founder of Galaxy Digital said that economic policies make him more bullish about Bitcoin (BTC) and digital currencies. There are several US leaders, including President Donald Trump and Vice President Michael Pence that suggest that the Federal Reserve (FED) should cut interest rates even further for the […]
2019-5-5 17:55 | |
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By CCN: Go right ahead lefties with your monetary policies. You’re rallying crypto bulls. And you right leaners who are calling for lower interest rates are as good as gold for crypto, too. That’s the message from former hedge fund manager Michael Novogratz.
2019-5-5 01:00 | |
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Fed up with Craig Wright's purportedly unethical actions toward those who disagree with him, Changpeng Zhao, CEO of Binance, announced that the exchange will delist the Bitcoin Satoshi’s Vision (BSV) digital token on Monday, April 22.
2019-4-16 19:25 | |
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Trump is recommending Herman Cain for one of two vacant seats on the Fed Board. The man who advocates a return to the gold standard could undermine Bitcoin price in the short-term as ‘digital gold.
2019-4-5 13:00 | |
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The Federal Reserve Board governor is still not fond of the idea of central bank digital currencies, despite the fact that the reserve is equipped to issue one. The Fed Says No to CBDCs It’s been a year since bitcoin’s price exploded and launched cryptocurrencies into the mainstream, which pushed many to believe that the […] The post U.
2018-12-30 14:20 | |
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Ron Paul, the Austrian School economist and notable Libertarian who served as a US Representative for over ten years, is now advocating for a tax exemption on cryptocurrencies. He also noted that the issuance of a government-backed digital currency, as opposed to private or decentralized ones, could lead to a “Fed-created recession.
2018-10-31 07:00 | |
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The former chairwoman of the US Federal Reserve said that Fed was not very enthusiastic regarding a digital currency because: “Whenever there are concerns about any other form of deposit. . .
2018-10-30 20:23 | |
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The respected economist Jeffrey Tucker urged governments to let go of the idea of creating Central Bank Digital Currencies (CBDC) and focus on the fiat and banking system. The editorial director at the American Institute for Economic Research (AEIR) published an article in which he says that the Fed should be focused entirely on the […]
2018-8-12 19:14 | |
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The world of cryptocurrency is in a constant state of flux. As a result, the process of sorting through untold amounts of background information and data can be a laborious, time-consuming endeavor.
2018-7-30 16:47 | |
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While a good number of central banks see bitcoin and other cryptocurrencies as significant threats to their survival, the United States Federal Reserve Chairman, Jerome Powell, said on July 18, 2018, that the exponential growth in the price of bitcoin and the increasing adoption of cryptos doesn’t bother him.
2018-7-21 13:00 | |
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A Heritage Foundation expert warns the US Congress against Fed-issued digital currencies; argues for the removal of capital gains tax on cryptocurrencies.
2018-7-19 21:46 | |
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According to CNBC, US central bank’s chair Jerome Powell has asked investors to be cautious while investing in cryptocurrencies. Speaking to the members of the Congress on Wednesday, he warned people about serious risks they could get exposed to if they invest in digital currencies.
2018-7-19 18:24 | |
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Former FDIC Chairman Sheila Bair on bank stress tests, the U.S. economic outlook and the future of cryptocurrency. Q1 hedge fund letters, conference, scoops etc, Also read Lear Capital: Financial Products You Should Avoid? Image source: YouTube Video Screenshot Sheila Bair: Fed Needs To Consider A Digital Currency Transcript Well it’s certainly a lot […]
2018-6-22 15:27 | |
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The U. S. economy is recovering faster than expected, and Federal Reserve’s continuous support can cause a market imbalance in the medium term. It is the position of the Dallas Federal Reserve President Robert Kaplan who, on Friday, jolted the money markets saying the U.