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A digital dollar could ‘require years of development’ before rollout, Yellen says

US Treasury Secretary Janet Yellen has said that developing a central bank digital currency – the digital dollar- could be years in the making, should the US pursue that end. Yellen made the observation on Thursday during a presentation at the American University’s Kogod School of Business Center for Innovation in Washington. дальше »

2022-4-8 23:29


Treasury Secretary Janet Yellen Calls Crypto 'Transformative' in Wide-Ranging Speech

A digital dollar could become a "trusted money comparable to physical cash," U.S. Treasury Secretary Janet Yellen said in her first speech on digital assets on Thursday. Speaking to attendees at an American University event, Yellen highlighted the extreme divergence of perceptions about crypto, saying that’s often the case with “transformative” technology. дальше »

2022-4-7 18:02


Yellen’s Positive Remarks About Biden’s Crypto EO Push Bitcoin Past $41,000

It only took an unintentionally flattering remark from a high-ranking US official to propel Bitcoin above the $41,000 level. Bitcoin (BTC) advanced early on Wednesday, boosting the entire crypto market, as US Treasury Secretary Janet Yellen’s inadvertently disclosed remarks indicated that US President Joe Biden’s long-awaited crypto directive will take a constructive approach to regulating the digital asset sector. дальше »

2022-3-9 17:11


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EU, US Concerned Russia May Use Crypto to Avoid Sanctions

Quick take: Officials in the EU and US have expressed concerns that Russia might use cryptocurrencies to evade sanctions The EU is taking all measures to guarantee that digital assets will not be an alternative for Russia amidst sanctions US Senators have asked Treasury officials, how they are overseeing digital assets in the wake of sanctions against Russia Lawmakers and officials in the European Union and the United States, have expressed growing concern that Russia may use cryptocurrencies to circumvent […] дальше »

2022-3-4 19:37


NFTs Can be Used for Money Laundering, Says U.S. Treasury Department

A new report by the United States Department of the Treasury has revealed that the burgeoning non-fungible token space could be a conduit for money laundering. Sponsored Sponsored It says in the report that the increasing use of digital art as an investment or financial asset can allow bad players to launder money and finance […] The post NFTs Can be Used for Money Laundering, Says U. дальше »

2022-2-6 14:11


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US Treasury Secretary Yellen Outlines Plans to Regulate Stablecoins in Collaboration With the Fed, SEC, CFTC

U.S. Treasury Secretary Janet Yellen will convene a meeting with the Biden administration’s working group on financial markets to discuss stablecoin regulation. “In light of the rapid growth in digital assets, it is important for the agencies to collaborate on the regulation of this sector and the development of any recommendations for new authorities,” said […] дальше »

2021-7-17 18:30


Here’s why Alchemy’s NFT TOYs are a valuable item to collect, play and trade

Binance Smart Chain-based project Alchemy Toys, which harnesses blockchain technology to allow players to collect non-fungible tokens (NFTs) backed by its own ‘treasury,’ is tackling a major issue that’s sprung up in recent times: That of most NFTs providing little value to the holder apart from being rare, on-chain, digital collectibles. дальше »

2021-5-28 17:00


BoE Governor says ‘Huge Enthusiasm’ Around Crypto Assets Has Him Feeling ‘Skeptical’

Bank of England Governor Andrew Bailey continues to share his concerns about digital currencies. This time, he is warning about the danger of “getting carried away” with financial innovation. “I don’t want to be seen as a Luddite,” Bailey said on Monday in response to questions in the Treasury Committee in Parliament. дальше »

2021-5-26 18:10


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The UK set to explore Britcoin, a Bank of England-backed CBDC

The United Kingdom is planning to test the practicability of a central bank-issued digital currency. A report unveiled this news on April 19, noting that the coin is named Britcoin. Reportedly, the Bank of England (BoE) joined hands with HM Treasury to form a task force to work on the Britcoin project, which aims to […] The post The UK set to explore Britcoin, a Bank of England-backed CBDC appeared first on Invezz. дальше »

2021-4-20 12:21