Trump’s Commerce Secretary Teases Bitcoin-Only Strategic Reserve

Secretary Howard Lutnick suggested today that Bitcoin could receive unique treatment in the U.S. crypto reserve strategy. дальше »

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Trump to announce Bitcoin reserve strategy at White House Crypto Summit: report

President Donald Trump is set to unveil a Bitcoin reserve strategy at the White House Crypto Summit Commerce Secretary Howard Lutnick confirmed the plan in an interview with The Pavlovic Today, stating that Bitcoin would receive special status under Trump’s… дальше »

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Fed’s Jerome Powell: ‘We’re not allowed to own Bitcoin’ - No more BTC reserve? 

Powell stated that the law doesn’t allow the Fed to own BTC.  The community clarified that the US BTC reserve will be under the Treasury Secretary, not the Fed.   Fed chair Jerome PowelThe post Fed’s Jerome Powell: ‘We’re not allowed to own Bitcoin’ - No more BTC reserve?  appeared first on AMBCrypto. дальше »

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Senator Lummis Holds Talks With Treasury Secretary Bessent On Bitcoin Reserve Strategy

In a significant step toward establishing a US strategic Bitcoin reserve, Senator Cynthia Lummis recently met with incoming Treasury Secretary Scott Bessent, according to a recent social media post on X (formerly Twitter) in which Lummis expressed optimism about Bessent’s potential support for digital assets, particularly BTC. дальше »

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Former US Treasury Secretary Knocks Trump’s Bitcoin Reserve Plan

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Former US Treasury Secretary calls Bitcoin reserve ‘crazy’ idea

Former US Secretary of the Treasury Larry Summers said in an interview with Bloomberg that the idea of a national Bitcoin (BTC) reserve is “crazy. “ Summers said he understands the concept of other commodities’ reserves, such as oil and gold, but argued: “Of all the prices to support, why would the government choose to […] The post Former US Treasury Secretary calls Bitcoin reserve ‘crazy’ idea appeared first on CryptoSlate. дальше »

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Death of Meta’s stablecoin project was ‘100% a political kill’ — Ex Diem boss

United States Treasury Secretary Janet Yellen supposedly convinced Federal Reserve Chair Jerome Powell to kill the project, the former Meta executive said. дальше »

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Bitcoin Out, Gold In: Senator’s Bold Proposal To Replenish US Reserves

US Senator Cynthia Lummis of Wyoming is doubling down on her efforts to legitimize Bitcoin and possibly add this digital asset to the country’s reserves. Related Reading: Ripple CEO Reacts To Trump’s Billionaire Treasury Secretary Nominee In a November 21st interview, Lummis suggested that the US Federal Reserve sell some of its gold reserves to […] дальше »

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Ripple CEO Reacts To Trump’s Billionaire Treasury Secretary Nominee

After weeks of intense speculation, incoming US President Donald Trump has named Scott Bessent his Treasury Secretary pick. The drawn-out selection process has attracted many popular names, including Howard Lutnick of Cantor Fitzgerald, former Federal Reserve governor Kevin Warsh, and billionaire Marc Rowan. дальше »

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US Treasury Secretary still skeptic about cryptocurrencies

Janet Yellen, the US Secretary of State, has expressed her criticism once more about the cryptocurrency sector. Yellen, and the Federal Reserve Chair, Jerome Powell, have remained skeptical of the crypto industry despite the high rate at which cryptocurrencies are being adopted in the US. дальше »

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“Tax Private Stablecoins Out Of Existence,” Proposes Latest Fed Paper Ahead Of Treasury Secretary Meeting

Written by a Professor of Finance from Yale School of Management and an attorney at the Federal Reserve System, wants regulators to take a lesson from history, the Free Banking Era because the central bank must have a “monopoly on money issuance. дальше »

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OCC Mulling Partnership with Feds and FDIC To Regulate Crypto

Joint Task Force On Crypto According to the Treasury Secretary Janet Yellen appointee, a combination of the OCC, Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) may soon end cryptocurrencies' regulatory uncertainty. дальше »

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US Lawmaker Warns Treasury Secretary and Fed Chair Not to Ignore Bitcoin or America Will Fall Behind

Congressman Kevin McCarthy has urged Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell not to ignore bitcoin like they have been trying to do. He believes it is the future, emphasizing, “I do not want America to fall behind” other countries. дальше »

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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 »

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Bitcoin and MMT Critic Janet Yellen Picked as Treasury Secretary by President-Elect Joe Biden

President-elect Joe Biden has chosen former Federal Reserve Chairwoman Janet Yellen to become the next Treasury Secretary. Yellen, an economist, if confirmed by the Senate, will become the first woman to hold the position. дальше »

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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 »

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Trump’s Treasury Chief: Economic Stats Right Now Are ‘Not Relevant’

Although the economy seems to be teetering on the edge, U. S. Secretary of the Treasury Steven Mnuchin is not concerned. As BeInCrypto has been reporting recently, the Federal Reserve has been on something of a printing spree. дальше »

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G-7 to Coordinate Their Efforts in Fighting Coronavirus, Mnuchin and Powell to Lead a Call

Coinspeaker G-7 to Coordinate Their Efforts in Fighting Coronavirus, Mnuchin and Powell to Lead a CallLed by U. S. Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell, a G-7 call will be devoted to the discussions of the coronavirus outbreak and its economic impact. дальше »

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Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash

In this roundup, we cover numerous cryptocurrency regulatory developments in the U. S. , including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule. дальше »

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The ‘War on Bitcoin’ Is Almost Here – And It Will Get Ugly

For better or worse, bitcoin is now on the global political stage.   It was discussed in Congress. Donald Trump slammed bitcoin on Twitter. The Treasury Secretary called cryptocurrencies a national security threat, and the chairman of the Federal Reserve urged caution. дальше »

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India’s Crypto Dial Leaned Regulation Before Central Bank’s ‘Ban’ Shove

India – that has proposed a total ban on crypto yesterday – had planned to regulate digital currencies at first but the Reserve Bank of India (RBI) has forced the inter-ministerial cryptocurrency committee to prohibit the digital assets. дальше »

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RBI Forced Inter-ministerial Panel to Propose Ban on Bitcoin: Report

The central government initially wanted to regulate the bitcoin sector but changed its stand due to objection from the Reserve Bank of India (RBI), reports Business Standard. The Indian daily claimed that Economic Affairs Secretary Subhash Chandra Garg, who was heading the interministerial committee to study cryptocurrencies, favored regulating them. дальше »

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Will Libra’s example finally persuade U.S. regulators to embrace the digital assets realm?

Libra’s regulatory mess is only getting started. In the past week, United States’ Federal Reserve Chair, Treasury Secretary and even the President have come out in vocal opposition to Libra. дальше »

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India isn’t keen on Facebook’s Libra ‘cryptocurrency’

Facebook’s new digital currency Libra has received an early jolt from the Indian government. The authorities in Asia’s third-largest economy are no more keen on the social media giant’s project than any cryptocurrency that came before it. дальше »

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India May Legalize Bitcoin Under “Strong” Rules

India could be making a U-turn on its directives for cryptocurrencies. Per reports from the New India Express, a second interdisciplinary committee set up by the Indian government is considering making cryptocurrencies legal in the country again but with more stringent rules. дальше »

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AriseBank CEO Charged in $4 Million Alleged ICO Scam

Jared Rice Sr. , CEO of the Dallas-based bank AriseBank, was arrested by the Federal Bureau of Investigation (FBI) on Wednesday, November 28, 2018, and charged with six counts of securities fraud and wire fraud. дальше »

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