2021-3-22 21:41 |
As for stablecoins, Jerome Powell said they get their credibility only from sovereign currencies they are backed with. Fed is also experimenting with CBDC, which he said won't disrupt the private sector. origin »
|
The Committee on Payments and Market Infrastructures conference was held in Basel, Switzerland. One of the main guests was the Chairman of the U.S. Federal Reserve, Jerome Powell. Referring to a report created by the institution he chairs and other banking institutions, Powell said: A recent report from the Bank for International Settlements (BIS) and […]
2021-3-19 22:00 | |
|
|
"It's going to be a dollar economy as far as the eye can see," said James Bullard.
2021-2-17 20:05 | |
|
|
Spacex and Tesla CEO Elon Musk has clarified his position on bitcoin and dogecoin. He confirmed that he supports bitcoin, stating that it is “a good thing.” Admitting that he is late to the game on bitcoin, Musk said that he should have bought some eight years ago when his friend fed him a slice […]
2021-2-2 19:30 | |
|
|
The job listing follows comments made by Fed Chair Jerome Powell in recent weeks where he said the central bank needed “better regulatory answers” for global stablecoins.
2021-1-30 01:10 | |
|
|
Powell said, “We’re a long way from a full recovery” which has gold stuck while the S&P 500 having its steepest drop of 2.6% since October. The post Bitcoin in a ‘Tricky Spot’ as USD Strengthens on The Fed’s Dovish Tone first appeared on BitcoinExchangeGuide.
2021-1-28 16:48 | |
|
|
The central bank doesn’t want to pull back asset purchases just yet, Powell said Wednesday.
2021-1-28 01:28 | |
|
|
The U.S. should examine how it can curtail the use of crypto for illicit financing, the former Fed Chair said.
2021-1-20 21:20 | |
|
|
Jerome Powell, chair of the US Federal Reserve said the department does not intend…
The post Powell gives an update on the CBDC launch by the US Fed appeared first on Coin Journal.
2021-1-15 12:40 | |
|
|
"I guess if you are under 40, bitcoin is your new gold," Warsh said.
2021-1-7 20:38 | |
|
|
The Federal Reserve vowed to keep on throwing cash into financial markets until the US economic recovery is ensured. The Fed had a meeting on Wednesday following which Chairman Jerome Powell said the central banks’ tools are not well-suited to the issues faced by businesses and households.
2020-12-17 17:55 | |
|
|
US Treasury Secretary Steven Mnuchin hasn’t been really good for cryptocurrencies. As we reported, the Treasury said in a statement on Monday, “There is strong support across the G7 on the need to regulate digital currencies.
2020-12-9 19:51 | |
|
|
Janet Yellen wasn’t a fan of bitcoin when she ran the Fed. Her views as Treasury Secretary may shape crypto regulation over the next four years.
2020-11-25 21:08 | |
|
|
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.
2020-11-14 21:07 | |
|
|
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.
2020-9-24 17:32 | |
|
|
The Federal Reserve will allow inflation to run above 10%, said Fed Chairman Jerome Powell during the much-awaited virtual speech from the central bank’s annual Jackson Hole, Wyoming symposium. Bitcoin’s price responded to the news quite visibly, forming an inverted V, as the digital asset jumped from $11,290 to just above $11,600.
2020-8-27 19:48 | |
|
|
Reports of the US finally joining the CBDC race have been making headlines ever since Governor Lael Brainard said as much yesterday, August 13th. According to Brainard, the US Federal Reserve has already started conducting tests with a hypothetical CBDC, in collaboration with MIT and Boston Fed research teams.
2020-8-16 18:18 | |
|
|
In a speech given on Thursday, Lael Brainard, the Federal Reserve governor canvassed on various financial issues in the United States and the world and the issue of stablecoin like Libra was raised. The Facebook led project that was launched last year with lots of publicity, has been said to fuel the clamor by central […]
2020-8-7 22:58 | |
|
|
Anthony Pompliano said Bitcoin, stocks, gold, and real estate will run ‘much, much higher’ as the Fed inadvertently ramps up inflation.
2020-8-7 07:08 | |
|
|
Veteran trader Peter Brandt knocked the digital currency XRP on Thursday and compared the crypto token company Ripple to the U. S. Federal Reserve. Brandt said he believes the company behind the coin will double the token supply, and he doesn’t understand why “otherwise smart people” have drank the “XRP-Kool-aide.
2020-7-24 18:45 | |
|
|
The shares of big banks declined after the Fed said it would put a temporary cap on their dividend payments to preserve cash during the coronavirus pandemic. In its stress test, the central bank found that most banks would remain well capitalized in an economic downturn, but it also sees that large financial institutions remain […]
2020-6-29 23:42 | |
|
|
Jerome Powell, the U.S Fed Reserve Chairman, has said that private entities should not be part of the creation process of a digital dollar. Appearing before the House Financial Services Committee on June 17, the Fed Chair highlighted that monetary policy functions should be left to the central banks regardless of the operating ecosystems. On […]
2020-6-18 19:14 | |
|
|
Federal Reserve Chairman Jerome Powell said central banks should design and implement CBDCs, not private entities.
2020-6-18 22:54 | |
|
|
Fed Chairman Jerome Powell said the bank has flooded the economy with money and would continue lending programs for as long as they’re needed.
2020-5-19 11:29 | |
|
|
Federal Reserve Chairman Jerome H. Powell said on Wednesday that policymakers might need even stronger fiscal and monetary measures to restore the economic downturn that cost at least 20 million jobs.
2020-5-13 19:55 | |
|
|
The US stock market tumbled on Tuesday after a series of negative news permeated the market. Markets have been calm on the reports of a plan to re-open the economy. But Anthony Fauci, nation’s top infectious disease official said reopening the states too quickly could “set you back on the road on trying to get […]
2020-5-13 16:29 | |
|
|
"It's clear that the effects on the economy are severe," said Federal Reserve Chair Jerome Powell. "We won't run out of money. It's an unlimited pot."
2020-4-30 22:43 | |
|
|
Prominent analyst PlanB said that the USD may drop soon in the current crisis and also outlined what would have happened if the Fed Reserve had not started printing USD
2020-4-10 12:45 | |
|
|
A “60 Minutes” episode that aired on Sunday raised eyebrows after the Minneapolis Fed President said that there is an “infinite amount of cash. ” This was said as reassurance, but many didn’t interpret it that way.
2020-3-28 18:15 | |
|
|
Today, in a surprise move, the US Federal Reserve cut its benchmark interest rate by a half-percentage point to help mitigate the impact of the coronavirus on the market and economy. The officials were in unanimous agreement for an emergency cut to a range of 1% to 1.
2020-3-4 00:01 | |
|
|
Digitizing the dollar is a key factor in maintaining its appeal as a global currency, Trump’s nominee to the Federal Reserve, Judy Shelton, says. In a congressional hearing on Thursday, Fed nominee, Judy Shelton, said the Federal Reserve should be “compelled to think” about a central bank digital currency (CBDC) given the mileage the innovation […]
2020-2-14 18:21 | |
|
|
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 […]
2020-2-12 22:48 | |
|
|
Last week, Atlanta Federal Reserve Bank President Raphael Bostic said inflation is stable and the US economy is close to full employment which means the Fed will be able to keep the interest rates where they are.
2020-2-7 20:49 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
Yesterday, the Federal Reserve (Fed) said it would restart buying bonds in the open market. Also, it will continue its overnight funding operations until January of next year. Fed’s Cash Injection Is Already Routine For the Fed, pouring cash into the markets is already routine.
2019-10-12 19:09 | |
|
|
The United States Federal Reserve this week said that it will start growing its balance sheet again in response to the rough couple of weeks that the overnight lending markets have experienced in September.
2019-10-11 00:35 | |
|
|
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 | |
|
|
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 | |
|
|
U. S. stocks are set for a strong opening based on pre-market data as the Federal Reserve turns dovish, increasing chances of additional cuts on the interest rate, alleviating pressure from the stock market.
2019-9-30 14:35 | |
|
|
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 | |
|
|
“Past few weekends led to weakness in Bitcoin”, Tom Lees said in a tweet. This has indeed been the trend as Bitcoin keeps struggling to survive. Bitcoin has just started another price correction at the time of writing this article after several weeks of sideways price movements.
2019-7-28 16:26 | |
|
|
U. S. Congress has shown that it is starting to care about cryptocurrency as a number of lawmakers spoke up in favor of it this week. “The world Satoshi Nakamoto had envisioned is an unstoppable force” and “there’s no capacity to kill bitcoin” are some of the comments made by lawmakers.
2019-7-21 13:45 | |
|
|
In a remarkable admission during his testimony to Congress, Federal Reserve Chair Jerome Powell admitted that bitcoin is used as an alternative to gold, conceding that BTC is a store of value. He said before the Senate: "Really, almost no one uses bitcoin for payment, they use it more as an alternative to gold really.
2019-7-12 01:20 | |
|
|
Fed Chairman Jerome Powell believes that bitcoin's primary use case is as a store of value, not payments. He said yesterday, "almost no one uses bitcoin for payments. " That could be about to change.
2019-7-12 21:00 | |
|
|
Coinspeaker FED Chairman: Facebook’s Libra Cannot Go Forward!Federal Reserve Chairman Jerome Powell said that Libra raises serious concerns regarding privacy, money laundering, consumer protection, financial stability, adding that the project “cannot go forward” until Facebook’s answers to regulators’ questions.
2019-7-11 10:01 | |
|
|
Fed Chairman Jerome Powell said Facebook should not be allowed to launch its Libra cryptocurrency until the company details how it will handle a number of regulatory concerns.
2019-7-11 19:45 | |
|
|
“It took exactly nine months, but the Dow finally closed at a new all-time high,” said Ryan Detrick, Senior Market Strategist for LPL Financial. The Dow Jones Industrial Average closed up 179 points, surpassing its high from October 3rd.
2019-7-4 20:05 | |
|
|
Federal Reserve Chairman Jerome Powell said his agency – as well as the rest of the federal government – will be looking carefully at Facebook’s Libra cryptocurrency. The Unspoken Advantage of Large Companies Entering Crypto He promised that Facebook would be held to very “high” standards, implying that the social media giant should be able […] The post Fed Chairman Swears ‘Very High’ Scrutiny Against Facebook’s Crypto Libra appeared first on CCN Markets
2019-6-27 15:21 | |
|
|
Metaplanet is going all in on BTC again — this time with a $13 million war chest. The Japanese Bitcoin treasury company has issued 2 billion Japanese yen ($13. 3 million) in zero-interest bonds to continue expanding its BTC reserves.
U. S. President Donald Trump delivered video remarks to the Digital Asset Summit conference in New York on Thursday. He doubled down on his pro-crypto view and promised to make the United States the “undisputed Bitcoin superpower and crypto capital of the world.
