2022-1-21 22:50 |
The Fed says that a US CBDC might help preserve the dollar’s hegemony
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The House members asked for clarification on whether the Fed may be considering an “intermediated model” for a digital dollar that could require authorization from Congress.
2022-9-9 22:20 | |
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Digitizing the dollar is a key factor in maintaining its appeal as a global currency, Trump’s nominee to the Federal Reserve, Judy Shelton, says. In a congressional hearing on Thursday, Fed nominee, Judy Shelton, said the Federal Reserve should be “compelled to think” about a central bank digital currency (CBDC) given the mileage the innovation […]
2020-2-14 18:21 | |
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Coinspeaker Digital Dollar Could Become a Reality as U. S. Fed Seems to Be Rather Bullish on ItThe U. S. policymakers believe that a digital dollar could have to preserve the primacy of their currency worldwide.
2020-2-14 16:02 | |
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Fed Nominee Judy Shelton speaks about the need for a digital dollar at a confirmation hearing in the US Senate
2020-2-14 09:51 | |
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Judy Shelton, President Trump’s nominee to the Federal Reserve Board, told lawmakers that digitizing the U.S. dollar could help maintain the currency’s ascendancy in global commerce.
2020-2-14 05:00 | |
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Fed Chairman Powell has given financial privacy advocates a glimmer of hope – and hinted at how the U.S. might competitively position a digitized dollar.
2020-2-13 03:15 | |
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Federal Reserve Chairman Jerome Powell discloses that the US is indeed working on a central bank digital currency Facebooks’ Libra, he said was what “lit a fire” under its work towards the digital dollar Federal Reserve Chairman Jerome Powell revealed in his testimony before Congress that the US was “working hard” on its own digital […]
2020-2-12 22:48 | |
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At the recent Symposium for Future Payments held in Stanford, California on February 5, Federal Reserve Governor Lael Brainard stressed the importance of remaining “on the frontier of research and policy development regarding CBDC.
2020-2-9 12:10 | |
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Lael Brainard said in a speech that the Fed is looking at digital ledger use cases including for a possible central bank digital currency.
2020-2-6 15:00 | |
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A flurry of rumors about a digital dollar to be launched by the US Federal Reserve is doing the rounds in the cryptocurrency market. It all started with a Tweet that says Fed to announce a digital dollar as soon as tomorrow.
2020-1-16 23:08 | |
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The U. S. Federal Reserve System (FED) is analyzing the possibility to issue a digital dollar. Although there is nothing confirmed, Jerome Powell, the Chairman of the FED, explained that they are exploring whether it makes sense to issue a Central Bank Digital Currency (CBDC).
2019-11-21 23:49 | |
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Jerome Powell has said his institution is looking into the possibility of developing a digital currency, but the option throws up many policy questions and unclear benefits.
2019-11-21 15:16 | |
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The US central bank, Federal Reserve is commonly known as the Fed, has finally agreed that stablecoins pose a threat to the fiat dollar as a global medium of exchange. The Fed has stated that stablecoins like Facebook’s Libra have the capability of being the ‘fresh medium of exchange’. However, the Fed gave a caveat […]
2019-11-19 00:53 | |
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Gold futures fell on Monday to their lowest levels since early August. The loss comes despite a mixed session for stocks and a declining U. S. dollar. Federal Reserve Chairman Jerome Powell will testify before Congress on Wednesday and Thursday.
2019-11-12 22:53 | |
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The United States Federal Reserve is looking to employ a Manager, Retail Payments, part of whose responsibilities will be to oversee the research of digital currencies and distributed ledgers. The job ad has been published amid pressure from Capitol Hill to explore the possibilities of issuing a digital dollar.
2019-11-6 01:20 | |
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Stephen Moore, Trump’s initial nominee for the post of Federal Reserve Chairman and close campaign advisor, has announced his latest venture – Frax – that runs a U. S. dollar stablecoin.
2019-10-22 13:37 | |
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Rob Kaplan, President of the Fed Reserve in Dallas, and a former executive at Goldman Sachs is the latest to come out in support of digital currency. This comes at a time when regulators are keenly looking into how cryptocurrencies like Bitcoin and Libra might disrupt the financial systems. While speaking at an event in […]
2019-10-17 18:43 | |
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Cryptocurrencies are recovering somewhat today, as we alluded to yesterday. While Bitcoin is still weak at slightly above $8,000, the altcoin thawing continues with a few outliers leading the way.
2019-10-17 18:37 | |
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Coinspeaker Fed Official Confirms that the U. S. Central Bank Is Actively Considering Digital DollarThe Fed official says that if the U. S. has to keep its dominant position in global commerce, it needs to consider having a digital dollar that can be easily adopted.
2019-10-17 12:29 | |
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Federal Reserve Bank of Dallas President Rob Kaplan says the U.S. dollar faces increasing threats to its status as the global reserve currency.
2019-10-17 00:30 | |
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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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US Fed Reserve might be emitting its own cryptocurrency (CBDC) after Anthony Pompliano voices a suggestion that USD must be digitized to compete with the ‘China Coin’
2019-10-4 13:55 | |
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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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US President Donald Trump adds more fuel to the Bitcoin rocket by pressuring the Fed to weaken the US dollar
2019-10-1 18:55 | |
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The price of gold was under pressure Friday, extending a weeklong slump that saw the U. S. dollar rise to multi-year highs against a basket of currencies. Gold Tumbles; Silver Follows Futures on December gold delivery reached a session low of $1,493.
2019-9-28 00:00 | |
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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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Sometimes it’s good to remind ourselves how far crypto has come. Central bankers are now being forced to publicly defend the dollar as the global reserve currency against the rise of cryptocurrency.
2019-9-27 15:26 | |
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The Federal Reserve cut interest rates to 2. 25% on Wednesday, a move that you might have thought would please President Donald Trump. However, as the Dow Jones sold off 333 points and the U. S. dollar soared, Trump took to Twitter to berate Jerome Powell for not signaling enough easing was coming.
2019-8-1 03:00 | |
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White House economic adviser Judy Shelton made headlines last week after President Donald Trump nominated her to the Federal Reserve Board of Governors. The mainstream press and finance industry were surprised to learn Trump’s Fed pick is a “gold bug.
2019-7-14 00:15 | |
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Cryptocurrencies took the center stage again during Federal Reserve Chairman Jerome Powell’s second day of testimony before the U. S. Senate. Today, lawmakers expressed their concerns about the threat that bitcoin and other cryptocurrencies pose to the financial system, including the possible challenge of bitcoin replacing the U.
2019-7-12 01:02 | |
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Many factors are contributing to Bitcoin’s renewed trajectory towards its USD 100,000 target. One of them is increasingly gaining prominence: The U. S. Federal Reserve. Fed Interest Rate Cuts to Weaken Dollar and to Strengthen Bitcoin The U.
2019-6-23 22:00 | |
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President Donald Trump wants the Federal Reserve to keep the economy bloated with weakened post-2008 dollars. He thinks that will boost exports. And he wants to keep U. S. stocks floating on the freakish levels of monetary liquidity created by the Fed when Ben Bernanke was chair.
2019-3-5 23:32 | |
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Cryptocurrencies are “unlikely” to become an international monetary phenomenon in the coming years, the Federal Reserve Bank of New York has claimed. ‘Unlikely To Meet Criteria’ In a research piece on US dollar supremacy published February 11, the NY Fed argued that despite the appearance of cryptocurrency in mainstream society, only its long-term perspectives could include significant usage.
2019-2-13 18:00 | |
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Former presidential candidate Ron Paul published an article titled “Trump Is Right, the Fed Is Crazy” in November 2018, pointing out for the immediate detaxation of cryptocurrencies and precious metals in the United States.
2018-12-10 14:00 | |
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An economist with the St. Louis Federal Reserve said that cryptocurrencies could solve a problem faced by global currency reserves like the dollar.
2018-10-3 00:30 | |
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The dollar has been up for much of this year to now near levels unseen since the Yuan devaluation in 2016 following Fed’s first interest rate increase since the banking... The post The Dollar at its Strongest in a Year appeared first on Trustnodes.
2018-8-13 16:14 | |
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Who says that the President doesn’t – and shouldn’t – pay attention to the U. S. Dollar’s value? Well – President Trump sure does. . . Just look at his tweets from this morning. . . Trump implies that a weaker dollar will be beneficial.
2018-7-21 13:11 | |
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