2023-11-7 18:32 |
Vice Chairman Michael Barr argued that the Fed needs regulatory and enforcement authority over stablecoin issuers – a point of contention in the debate over legislation.
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Michael Barr expressed “strong concern” about stablecoins and appreciation of legislative efforts to address them at the Philadelphia Fed’s fintech event.
2023-9-9 22:30 | |
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Federal Reserve Bank Vice Chair Michael Barr said that banks accepting crypto deposits should be aware of their increased liquidity risks in an October 12 speech published on October 17. The post Fed Vice Chair warns banks about crypto liquidity, urges stablecoin regulation appeared first on CryptoSlate.
2022-10-18 16:49 | |
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Quantum BioPharma Ltd. , a Nasdaq-listed biotech and medical research company, has purchased $1 million in Bitcoin and other cryptocurrencies as part of a strategic move approved by its board of directors.
Speaking in an interview with Yahoo Finance, Senator Cynthia Lummis outlined a plan to authorize the Federal Reserve to purchase and hold Bitcoin, integrating it as a key asset in the country’s financial strategy.
After the Fed cut the interest rate by 0. 25%, the crypto market’s liquidation of more than $239 million in mere minutes. Bitcoin dipped briefly below $100k with other major tokens following suit.
Federal Reserve chair Jerome Powell reiterated the bank’s position on a Bitcoin reserve from an existing legal perspective.
Semler Scientific, a company focused on technology solutions for healthcare providers, announced an update on its Bitcoin holdings. Between December 5 and December 15, 2024, the company acquired an additional 211 Bitcoin (BTC) for $21.5 million, bringing its total holdings…
Travala, a cryptocurrency-based travel booking platform, has announced a new “Treasury Reserve Plan” after surpassing $100 million in annual gross revenue. The plan will see the company hold reserves in Bitcoin (BTC) and its native AVA token to strengthen its…
Bitcoin has recently become known as an investment instrument that is called “digital gold” to preserve the value of money; Powell says the same. The chairman of the Federal Reserve (The Fed), the central bank of the United States, has…