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Crypto’s identity crisis: Fed’s Daly says it’s no gold, needs its own definition

The debate surrounding the true nature of cryptocurrency continues to evolve, with San Francisco Federal Reserve President Mary Daly weighing in on the matter. In a recent interview, Daly argued that crypto should be considered its own distinct asset class, rather than being grouped alongside gold as is often the case. Defining crypto: more than […] дальше »

2024-12-31 23:33


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El Salvador’s Pro-Crypto President Bukele Criticizes The US Treasury For Uncontrolled Money Printing

El Salvador’s President Bukele cannot still get his head around the fact that the U.S. treasury keeps printing more money despite the ballooning inflation. Commenting on the FED’s Jerome Powell’s defense of his “transitory inflation claims” in a Senate Banking Committee hearing on Tuesday, the pro-crypto president expressed his distaste for how the Powell administration […] дальше »

2021-12-2 22:35


Cleveland Fed President Supports Tapering in November and is “Open Minded” about a Digital Dollar

Cleveland Federal Reserve President Loretta Mester said Friday she supports the US central bank to start tapering its bond purchases at the next monetary policy meeting. Mester during a speech to the Ohio Bankers League said, “In my view, the economy has met those conditions, and I support starting to dial back our purchases in […] The post Cleveland Fed President Supports Tapering in November and is “Open Minded” about a Digital Dollar first appeared on BitcoinExchangeGuide. дальше »

2021-9-24 19:05


A “Difficult Time” Ahead for Risk Assets, While Fed Has President Biden’s Blessing to Do ‘Whatever Necessary’ to Support Strong Economy

“The opportunity for bitcoin remains very, very bright,” according to Grayscale CEO, based on who's investing, their size of allocations, and with the conviction, they are doing that. As for tapering, Guggenheim Chairman says the earliest it would start would be March next year. дальше »

2021-7-23 20:39


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Recent Comments From Fed’s Kashkari On Inflation Could Trigger Massive Bitcoin Buys

President of the Federal Reserve Bank of Minneapolis Neel Kashkari has said that a 4% inflation rate would not cause him any form of panic. In an interview sponsored by the Economic Club of New York, Kashkari told American macroeconomist and Harvard professor Gregory Mankiw that his concerns would majorly depend on “why” inflation had […] дальше »

2021-4-13 00:11


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


Fed Researching CBDC & Planning to Deposit ‘Digital Dollars’ Directly To the Digital Wallets of Americans

Federal Reserve Bank of Cleveland President Loretta Mester revealed that each American would receive digital dollars directly. She said, “Legislation has proposed that each American have an account at the Fed in which digital dollars could be deposited, as liabilities of the Federal Reserve Banks, which could be used for emergency payments. дальше »

2020-9-24 17:32