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FED’s Powell Doesn’t Think Crypto Risks Financial Stability

The crypto market cap has moved up to $2,2 trillion after the Fed announced they would double the tapering of bond purchase and interest rates will stay the same for now. Fed’s chairman Jerome Powell held a news conference after the decision was taken where he approached several issues on the United States economy and current concerns for its financial stability. дальше »

2021-12-16 02:59


A Surge in Crypto Prices Reflects An “Increased Risk Appetite,” says Fed in its Monetary Policy Report

For the first time, the Federal Reserve has singled out the surge in cryptocurrency asset prices in its overall assessment of the stability of the financial system. In the brief comment revealed in the Fed’s semi-annual Monetary Policy Report to Congress released on Friday, the central bank said the rise reflected increased risk-taking by investors. дальше »

2021-7-12 15:28


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Fed Sir: Crypto No Intrins Value, Value is not a store, great for money laundering

In his view, cryptocurrencies have no intrinsic value, are not used often as a means of payment, are not a store of value, but are great for money laundering. He also dismisses the idea that cryptocurrencies could pose a significant risk to the country’s financial stability at their current size. U.S. Representative and vice-chairman of дальше »

2018-7-19 17:07