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New bill proposes US Treasury to have full authority over fiat stablecoins
The bill also calls for the Federal Reserve to be vested with the clear authority to issue a digital dollar.
дальше »2021-7-30 13:29 | |
Fed Chair Jerome Powell Says ‘You Wouldn’t Need Cryptocurrencies if You Had a Digital US Currency’
Federal Reserve Chairman Jerome Powell believes that there is no need for cryptocurrencies if there is a digital dollar. “I think that’s one of the stronger arguments in its favor,” he said. дальше »
2021-7-15 18:30 | |
You Wouldn’t Need Crypto If You Have CBDC; ECB & Fed Selling Their Digital Fiat As Better Than Bitcoin
Federal Reserve Chairman Jerome Powell on Wednesday came out strongly supporting a digital dollar, saying it could undercut the need for cryptocurrencies and stablecoins. When asked during the congressional hearing if having a digital currency issued by the central bank would be a more viable alternative than cryptos in the payments system, Powell agreed and […] The post You Wouldn’t Need Crypto If You Have CBDC; ECB & Fed Selling Their Digital Fiat As Better Than Bitcoin first appeared on BitcoinExchangeGuide. дальше »
2021-7-15 16:35 | |
Ethiopia May Turn to Clean Bitcoin Mining to Strengthen Economy
Amidst the growing inflation rate and the constantly depleting value of its foreign reserves, due to the US Federal Reserve’s endless dollar printing, Ethiopia may be the next sovereign state to integrate bitcoin (BTC) into its economy, in order to beat impending hyperinflation. дальше »
2021-7-14 05:00 | |
Fed Vice Chair Quarles Says Digital Dollar Could Pose Significant Risks to US Banking System
The Federal Reserve’s vice chairman of supervision and the chair of the Financial Stability Board (FSB), Randal K. Quarles, doubts the benefits of the digital dollar but says it “could pose significant and concrete risks” to the U. дальше »
2021-7-1 04:30 | |
Is $24,000 Bitcoin’s Next Stop? Robert Kiyosaki Warns Of Impending “Biggest Crash In World History”
On Friday, the price of bitcoin suffered a huge bout of downward pressure following statements from the United States Federal Reserve about the possibility of hiking interest rates very soon. BTC reacted negatively to the news while the US dollar spiked as investors lowered their inflation expectations in the next few months. Bitcoin is trading […] дальше »
2021-6-20 01:22 | |
Warren Davidson at Bitcoin 2021: “The Fed is Dogecoin-ing the US Dollar”
The Doge community is not going to like this. In a panel at the Miami Bitcoin conference, Representative Warren Davidson spared no bullets. He compared the US Federal Reserve’s rampant money printing of late to Dogecoin’s unlimited and ever-increasing supply. дальше »
2021-6-5 10:58 | |
US must win CBDC race to maintain dollar's global reserve currency status: Federal Reserve Governor
The Federal Reserve Governor has urged the United States to be at the forefront of developing CBDC to maintain the U.S. dollar’s role as a global reserve currency. дальше »
2021-5-26 09:10 | |
Federal Reserve Governor Pushes for Central Bank Digital Currency
Lael Brainard has begun to press harder for a digital dollar after chairman Jerome Powell stated the Fed was in no rush to roll out a CBDC. The post Federal Reserve Governor Pushes for Central Bank Digital Currency appeared first on BeInCrypto. дальше »
2021-5-24 19:41 | |
Federal Reserve Is Moving Forward with its Digital Dollar Plan; Starting with Publishing a Paper on CBDC
Talking about stablecoins' potential to enhance the payments system, Chairman Jerome Powell said they also “carry potential risks” to its users and the broader financial system. The post Federal Reserve Is Moving Forward with its Digital Dollar Plan; Starting with Publishing a Paper on CBDC first appeared on BitcoinExchangeGuide. дальше »
2021-5-21 16:00 | |
US Dollar Index Falls to Early Jan. Low-Level Despite Federal Reserve’s Hint at ‘Tapering’
In the crypto market, things are going green after a sea of red. However, things got a little shaky in the macro world as the Federal Reserve hinted at a possible “tapering. ” Before ending up high, the stock market reacted negatively to this. дальше »
2021-5-21 15:05 | |
CBDC Digital Dollar Discussion Paper to be Released by Federal Reserve
Federal Reserve Chair Jerome Powell said the central bank will publish a discussion paper on its potential central bank digital currency (CBDC) in the summer. The post CBDC Digital Dollar Discussion Paper to be Released by Federal Reserve appeared first on BeInCrypto. дальше »
2021-5-21 14:57 | |
Gold Is Trying to Steal the Limelight Back from Bitcoin, Which is Waiting for Direction
Meanwhile, the US dollar is sliding, working on hitting fresh lows for the year, after Dallas Federal Reserve President Robert Kaplan reiterated that he does not expect rates to increase until next year, meaning US monetary policy will remain easy. дальше »
2021-5-18 15:51 | |
The Fed Plans to Unveil Digital Dollar Prototypes in July
The Federal Reserve is actively working on a central bank digital currency and some prototypes are near completion. The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) plan to unveil two prototypes of a digital dollar as early as July. дальше »
2021-3-29 00:15 | |
MIT & Boston Federal Reserve Look to Reveal Two Digital Dollar Pilots by July 2021
The Federal Reserve Bank of Boston and researchers from the Massachusetts Institute of Technology (MIT) are making giant strides in their digital dollar program, according to a Bloomberg report. Boston Fed To Launch Digital Dollar Prototypes Researchers from both institutions are reportedly preparing to launch prototypes of two central bank digital currencies (CBDCs) platforms as […] The post MIT & Boston Federal Reserve Look to Reveal Two Digital Dollar Pilots by July 2021 first appeared on BitcoinExchangeGuide. дальше »
2021-3-24 18:25 | |
Fed Chairman Powell Sees Bitcoin As A Substitute For Gold Rather Than The U.S. Dollar
Chairman of the Federal Reserve, Jerome Powell, on Monday reaffirmed his belief that the world’s oldest cryptocurrency is a gold substitute but it is too volatile and is “backed by nothing” for it to replace the U. дальше »
2021-3-24 18:20 | |
Bitcoin is More of a Gold Substitute than the Dollar, Fed Chair Powell Says
The Chair of the US Federal Reserve argues that while Bitcoin (BTC) is too volatile to be considered money and is “backed by nothing,” it could be a substitute for gold. He also recently made a statement on Bitcoin, which has affected the asset’s price seeing it drop by $1,000. Powell’s View on Cryptocurrencies InRead More дальше »
2021-3-24 16:30 | |
Bitcoin is much closer to gold than to dollar, says Jerome Powell
While Bitcoin and other cryptocurrencies are “not backed by anything,” they are still capable of serving as a “substitute for gold,” Jerome Powell, chairman of the United States Federal Reserve, stated today. дальше »
2021-3-23 03:00 | |
Fed Chairman Jerome Powell Says Bitcoin Is a Substitute for Gold
Federal Reserve Chairman Jerome Powell sees cryptocurrency as a substitute for gold, rather than the dollar. However, he cautioned that crypto assets, including bitcoin, are highly volatile and not useful as a store of value. дальше »
2021-3-23 22:30 | |
Why FED Chairman thinks Bitcoin is a substitute for gold
In the Bank of International Settlements Innovation Summit, the U.S. Federal Reserve Chairman Jerome Powell referred to cryptocurrencies and their position next to the dollar. For Powell, assets such as Bitcoin present very high fluctuations in their price and have no “underlying valued”, a position familiar to the official: Crypto assets are highly volatile — […] дальше »
2021-3-23 21:54 | |
US Fed Chairman Jerome Powell Hinges Digital Dollar’s Fate on Lawmakers
Jerome Powell, the U. S. Federal Reserve Chairman, has hinted that the Fed is eyeing a digital dollar, an initiative that will see the apex bank control digital assets. According to the Federal Reserve chief, in the course of the year (2021), members of the public and lawmakers will likely debate the project. дальше »
2021-2-26 19:10 | |
Fed Is Investing ‘Time and Labor’ As A Digital Dollar is ‘High Priority’ says Chairman Powell
The Federal Reserve is also “committed” to solving the tech problems. Treasury Secretary, unlike her predecessor, also says it “makes sense for central banks to be looking at.” The post Fed Is Investing ‘Time and Labor’ As A Digital Dollar is ‘High Priority’ says Chairman Powell first appeared on BitcoinExchangeGuide. дальше »
2021-2-25 20:20 | |
The Fed Is Carefully Examining Digital Dollar — Chairman Jerome Powell Says ‘Very High Priority Project for Us’
Federal Reserve Chairman Jerome Powell has provided an update on the progress of a digital dollar. He confirmed that it is a “very high priority project” for the Fed, and agrees with U. S. дальше »
2021-2-25 19:30 | |
Bitcoin or its Meteoric Rise Pose No Threat to the Global Dollar Economy Or its Reserve Currency Status: Fed President
St. Louis Federal Reserve President James Bullard doesn’t think the leading digital currency poses a serious threat to the US dollar’s status as the world's reserve currency. “I just think for Fed policy, it's going to be a dollar economy as far as the eye can see and whether the gold price goes up or […] The post Bitcoin or its Meteoric Rise Pose No Threat to the Global Dollar Economy Or its Reserve Currency Status: Fed President first appeared on BitcoinExchangeGuide. дальше »
2021-2-17 18:27 | |
Caveat Depositor. How Safe Is Your Stablecoin?
USD stablecoins are created largely outside the dollar system and lack federal deposit guarantees. Investors should be careful. дальше »
2021-2-9 22:44 | |
Bitcoin Dips on Stronger Dollar Sentiment; Boost Ahead After Fed Meeting?
Bitcoin prices edged lower on Wednesday, pressured by a stronger US dollar, as markets awaited the US Federal Reserve's monetary policy outlook and progress around a stimulus deal. дальше »
2021-1-27 08:51 | |
Former Fed Governor Pins Bitcoin Rise on Weakening Dollar and Inadequate Monetary Policy
Kevin Warsh, a one-time Bitcoin skeptic, appears to have softened his stance on the asset following the past few weeks of strong performances. Speaking with CNBC's Squawk Box, Warsh, a former Governor of the Federal Reserve, explained that the leading cryptocurrency had benefited largely from the slip in the dollar across last year. дальше »
2021-1-7 19:26 | |
Former Fed guv not surprised by Bitcoin's current market performance
Former Fed governor Kevin Warsh believed that US dollar is losing value and this situation seems to be affecting Bitcoin in a positive way. Kevin Warsh was a governor of the Federal Reserve System durThe post Former Fed guv not surprised by Bitcoin's current market performance appeared first on AMBCrypto. дальше »
2021-1-7 01:00 | |
Bitcoin Will Have More Value In Circulation Than The U.S Dollar In 2021 – Anthony Pompliano
There is currently $2. 02 trillion worth of the U. S Dollar notes in circulation, according to information from the Federal Reserve website. On the other hand, there’s only $0. 5 trillion worth of value in circulation in Bitcoin. дальше »
2020-12-30 18:07 | |
Bitcoin Eyes $20K Because “Excess Dollar Liquidity” is Still in System
The cryptocurrency was among the biggest beneficiaries after the Federal Reserve flooded global markets with excessive greenback liquidity through a flurry of emergency facilities to curb the coronavirus pandemic's economic impact. дальше »
2020-11-27 08:00 | |
The Federal Reserve & European Central Bank Are ‘Committed’ to CBDC But ‘Not Racing to be First’
Jerome Powell, Chairman of the Federal Reserve, reaffirmed this week that he is committed to evaluating the costs and benefits of the digital dollar. “Here at the Fed and in the US, we are committed to thoughtfully and carefully evaluating the potential costs and benefits of a central bank digital currency,” said Powell during his […] The post The Federal Reserve & European Central Bank Are 'Committed' to CBDC But 'Not Racing to be First' first appeared on BitcoinExchangeGuide. дальше »
2020-11-14 21:07 | |
US Fed economists exploring 'intrinsic' value drivers of CBDC
In its research on central bank digital currencies or CBDCs, United States Federal Reserve published a new review on 9 November exploring the potential impact of a digital dollar on commercial bankingThe post US Fed economists exploring 'intrinsic' value drivers of CBDC appeared first on AMBCrypto. дальше »
2020-11-10 01:30 | |
The U.S. Treasury Department And Federal Reserve Are ‘Studying’ Possible Launch Of A Digital Dollar
Speaking during the online Atlantic Council webinar, the U. S Deputy Treasury Secretary, Justin Muzinich, said his department, alongside the Federal Reserve, is looking at launching a central bank digital currency (CBDC) tied to the dollar in the future. дальше »
2020-10-9 22:24 | |
US Federal Reserve Actively Working on Digital Dollar
The Federal Reserve Board of Governors and several Federal Reserve Banks are actively working on the digital dollar. Legislation has proposed that each American could have an account at the Fed for transacting in the central bank digital currency. дальше »
2020-9-27 21:30 | |
US Fed’s CBDC research progresses, here are the results so far
Over a month ago, in mid-August, the US Fed revealed that it is researching the possibility of a digital dollar, and how its own CBDC might modernize the country’s payment sector. Now, in the second half of September, the research seems to has seen progress, and the Federal Reserve Bank has revealed some details about it. дальше »
2020-9-25 13:01 | |
Macroeconomic Trends Boost Bitcoin and Gold, US Dollar Index Shows Bearish Double-Top
According to a number of reports and commentary from financial analysts, the world is “drowning in U. S. dollars” after the Federal Reserve decided to pump billions of dollars into the hands of 14 central banks via liquidity swaps. дальше »
2020-9-15 05:15 | |
Winklevoss Twins Make a Case for $500,000 per Bitcoin as Fed Sends Markets Higher & Dumps Dollar
Although there was nothing “historic” about the Federal Reserve Chairman Jerome Powell’s speech yesterday, as of yet, the much-hyped Jackson Hole speech failed to cool down the markets. The stock market continued to roar higher, making new all-time highs. дальше »
2020-8-28 15:47 | |
Digital Yuan Effect? The Federal Reserve Bank of Boston Is Evaluating Over 30 Blockchains for Digital Dollar
Syncing with one of the hottest trends of the year and building on previous researches, the Federal Reserve Bank of Boston is said to be evaluating over 30 blockchains to determine whether they would support a digital dollar reports CoinDesk on Aug 24. дальше »
2020-8-26 13:07 | |