2022-1-13 18:15 |
Having the Fed require users to open accounts to access the benefits of a digital dollar would put it "on an insidious path akin to China’s digital authoritarianism," according to Tom Emmer. origin »
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Fed Governor Randal Quarles expressed skepticism about the idea of a digital dollar
2021-6-29 12:03 | |
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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 | |
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Members of the US Congress the French Hill (R-Arkansas) and Bill Foster (D-Illinois) have recommended the Federal Reserve regarding issuing a digital version of the US dollar. In a letter addressed to the Fed, they highlighted that the country’s currency is in long term danger due to the acceptance of digital fiat currency. Sheila Bair, […]
2019-10-7 21:59 | |
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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 | |
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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 | |
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Central bank digital currencies are “inevitable,” says Patrick Harker, president of the Federal Reserve Bank of Philadelphia
2019-10-3 17:11 | |
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It seems Patrick Harker, the president of the Philadelphia Fed, has finally got the memo, accepting that central bank digital currencies (CBDC) are “inevitable. ” Still, that isn’t enough for America to take the lead on them.
2019-10-3 17:05 | |
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"We are concerned that the primacy of the U.S. Dollar could be in long-term jeopardy from wide adoption of digital fiat currencies."
2019-10-3 02:08 | |
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"We are concerned that the primacy of the U.S. Dollar could be in long-term jeopardy from wide adoption of digital fiat currencies."
2019-10-3 02:08 | |
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Ex Federal Reserve senior official, Simon Potter, has rebutted against Mark Carney’s recent suggestion to introduce a digital currency to be used as the global reserve currency for international settlement.
2019-9-26 19:00 | |
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Председатель Совета управляющих Федеральной резервной системы (ФРС) Джером Пауэлл заявил, что его ведомство следит за сферой криптоактивов, однако не планирует выпуск собственной цифровой валюты. Highlight: “We are following the whole question of digital currencies,” says Fed Chair Jerome Powell.
2019-9-7 19:43 | |
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2019 has been an incredibly important year for digital currencies. The collective cryptocurrency market broke away from the bearish winter and digital assets have again started to gain attention from various financial institutions and personalities.
2019-9-7 16:00 | |
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The chair of the U. S. central bank (Fed), Jerome Powell, recently spoke about some of the hottest crypto subjects during a forum sponsored by the Swiss Institute of International Studies. During his presentation, he was asked whether central banks should issue their own centrally-backed cryptos and if they were losing an opportunity for not […]
2019-9-7 03:03 | |
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Federal Reserve Chairman Jerome Powell argued that central banks will not likely release their own digital currency in the near term
2019-9-7 01:24 | |
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Известный криптовалютный аналитик, основатель BKCM Digital Assets Брайан Келли, полагает, что у ФРС США, то есть центрального банка самой крупной экономики мира, никогда не появится возможности полностью «закрыть» функционирование Bitcoin.
2019-8-10 14:26 | |
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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 | |
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The past week has been quite eventful in the field of cryptocurrency, with the recent tweet by Donald Trump, the U.S president, on Bitcoin a cherry on top of the cake. The president of the free world lashed out at Bitcoin claiming he is “not a fan” of the digital asset and calling for regulation […]
2019-7-15 21:22 | |
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It is slowly becoming an impossible year to keep your eyes off from. Not only has Bitcoin and its family of cryptocurrencies outperformed most traditional stocks and assets, but today everyone from a small-time trader to the President of the United States, is tweeting about the digital asset.
2019-7-13 18:00 | |
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Yesterday has been quite a historic day for the bitcoin and cryptocurrencies as the Fed and President of the US both talked about digital currencies. The Validation Of The Highest Order While answering questions before the Banking Senate Committee on Thursday, Jerome Powell was asked if a cryptocurrency system became prevalent throughout the globe, would […]
2019-7-12 16:01 | |
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Monetary policy may or may not have a direct impact on bitcoin, but the US Federal Reserve's dovish pivot is helping gold regain a bit of shine from its digital counterpart. The precious metal popped to its weekly high today, extending gains from the previous session after Federal Reserve Chairman Jerome Powell appeared to set […] The post Gold Beats Bitcoin as Fed Chair Powell Finalizes Dovish Pivot appeared first on CCN Markets
2019-7-12 21:02 | |
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Bitcoin is going to benefit from the growing distrust between the US President Donald Trump and Federal Reserve Chairman Jerome Powell, believes Mr. Michael Novogratz of Galaxy Digital, LLC. The billionaire founder said on Wednesday that he is becoming “more bullish” on bitcoin after President Trump reportedly threatened to demote Mr.
2019-6-19 18:44 | |
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In a recent Tweet, the recognized investor and founder of Galaxy Digital said that economic policies make him more bullish about Bitcoin (BTC) and digital currencies. There are several US leaders, including President Donald Trump and Vice President Michael Pence that suggest that the Federal Reserve (FED) should cut interest rates even further for the […]
2019-5-5 17:55 | |
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By CCN: Go right ahead lefties with your monetary policies. You’re rallying crypto bulls. And you right leaners who are calling for lower interest rates are as good as gold for crypto, too. That’s the message from former hedge fund manager Michael Novogratz.
2019-5-5 01:00 | |
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Fed up with Craig Wright's purportedly unethical actions toward those who disagree with him, Changpeng Zhao, CEO of Binance, announced that the exchange will delist the Bitcoin Satoshi’s Vision (BSV) digital token on Monday, April 22.
2019-4-16 19:25 | |
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Trump is recommending Herman Cain for one of two vacant seats on the Fed Board. The man who advocates a return to the gold standard could undermine Bitcoin price in the short-term as ‘digital gold.
2019-4-5 13:00 | |
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The Federal Reserve Board governor is still not fond of the idea of central bank digital currencies, despite the fact that the reserve is equipped to issue one. The Fed Says No to CBDCs It’s been a year since bitcoin’s price exploded and launched cryptocurrencies into the mainstream, which pushed many to believe that the […] The post U.
2018-12-30 14:20 | |
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Ron Paul, the Austrian School economist and notable Libertarian who served as a US Representative for over ten years, is now advocating for a tax exemption on cryptocurrencies. He also noted that the issuance of a government-backed digital currency, as opposed to private or decentralized ones, could lead to a “Fed-created recession.
2018-10-31 07:00 | |
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The former chairwoman of the US Federal Reserve said that Fed was not very enthusiastic regarding a digital currency because: “Whenever there are concerns about any other form of deposit. . .
2018-10-30 20:23 | |
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The respected economist Jeffrey Tucker urged governments to let go of the idea of creating Central Bank Digital Currencies (CBDC) and focus on the fiat and banking system. The editorial director at the American Institute for Economic Research (AEIR) published an article in which he says that the Fed should be focused entirely on the […]
2018-8-12 19:14 | |
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The world of cryptocurrency is in a constant state of flux. As a result, the process of sorting through untold amounts of background information and data can be a laborious, time-consuming endeavor.
2018-7-30 16:47 | |
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While a good number of central banks see bitcoin and other cryptocurrencies as significant threats to their survival, the United States Federal Reserve Chairman, Jerome Powell, said on July 18, 2018, that the exponential growth in the price of bitcoin and the increasing adoption of cryptos doesn’t bother him.
2018-7-21 13:00 | |
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A Heritage Foundation expert warns the US Congress against Fed-issued digital currencies; argues for the removal of capital gains tax on cryptocurrencies.
2018-7-19 21:46 | |
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According to CNBC, US central bank’s chair Jerome Powell has asked investors to be cautious while investing in cryptocurrencies. Speaking to the members of the Congress on Wednesday, he warned people about serious risks they could get exposed to if they invest in digital currencies.
2018-7-19 18:24 | |
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Former FDIC Chairman Sheila Bair on bank stress tests, the U.S. economic outlook and the future of cryptocurrency. Q1 hedge fund letters, conference, scoops etc, Also read Lear Capital: Financial Products You Should Avoid? Image source: YouTube Video Screenshot Sheila Bair: Fed Needs To Consider A Digital Currency Transcript Well it’s certainly a lot […]
2018-6-22 15:27 | |
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So they pull their uninsured money out of the banking system, disrupting the free flow of payments. […] However, suppose consumers could convert their bank deposits into a digital currency that would be issued and backed by the Fed? When it wants to raise rates — as it is doing now — it reduces its
2018-6-13 07:25 | |
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Governor Michelle Bowman suggests other payments services, including FedNow, may do a CBDC's job better, and she's also suspicious of the dangers of stablecoins.
Governor Michelle Bowman suggests other payments services, including FedNow, may do a CBDC's job better, and she's also suspicious of the dangers of stablecoins.
A crypto-related bill meant to stifle a future U.S. central bank digital currency is now heading toward consideration on the floor of the U.S. House of Representatives after committee approval Wednesday, marking further progress for digital assets legislation in Congress.
On Sep. 20 the House Financial Services Committee will mark up two bills blocking a potential digital dollar in the United States.
The idea of a digital dollar in the U. S. is so egregious to Republican lawmakers that it’s become a presidential campaign talking point and the subject of multiple bills to strangle it before it takes a first breath.
The idea of a digital dollar in the U. S. is so egregious to Republican lawmakers that it’s become a presidential campaign talking point and the subject of multiple bills to strangle it before it takes a first breath.
Following an August recess, members of the House Financial Services Committee will gather for a “Digital Dollar Dilemma” hearing on Sept. 14.