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Lawmakers Object to Federal Reserve’s Stablecoin Guidelines — Say They Undermine Legislative Progress
29.8.2023
Several U.S. lawmakers have objected to the Federal Reserve’s stablecoin regulatory guidelines, which they believe “will undoubtedly deter financial institutions from participating in the digital asset ecosystem.” According to the lawmakers, “The Fed has chosen to effectively...
Federal Reserve Chairman Powell Speaks Out: We Don't Want to Stifle Crypto
8.3.2023
Federal Reserve Chairman Jerome Powell has made it clear that the central bank doesn't want to prevent crypto innovation but warned that the industry is still replete with fraud and risks.
On Tuesday, Powell testified on Capitol Hill before the Senate Banking Committee. When asked about...
Is Crypto About to be Locked Out of the US Banking as Regulators Seeks to Forestall Contagion?
6.1.2023
For the first time ever, regulators in the United States issued a joint warning to banks about crypto-related risks, prompted by the massive failures of several large crypto companies.
Raising concerns about crypto's place in the banking sector, three US regulators – the Federal Reserve,...
Fed Reveals Guidelines for Crypto Banks Who Want to Open ‘Master Accounts’
16.8.2022
The Federal Reserve (Fed)'s governing board has unveiled guidelines that will standardize applications for “master accounts” from institutions “with novel charters,” including “cryptocurrency custody banks and their trade associations.”...
Read More: Fed Reveals Guidelines for Crypto Banks Who Want...
US Government Bodies Blast Voyager’s 'False and Misleading Statements' On Deposit Insurance
29.7.2022
In another sign of dark clouds gathering over troubled crypto platform Voyager Digital, the US Federal Deposit Insurance Corporation (FDIC) and the board of the Federal Reserve (Fed), America’s central bank, have issued a joint letter in which they demand that the company cease and desist from...
4 Qualities of Digital Dollar, Crypto Mortgages, Polkadot's Fund, Solana ETP + More News
23.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: 4 Qualities of Digital Dollar, Crypto Mortgages, Polkadot's Fund, Solana ETP + More News
President Biden is considering economists to fill Fed seats as leadership nominations move to Senate: Report
5.1.2022
The U.S. president has not officially announced his nominations to fill the vacancies at the Federal Reserve, but two of his picks for CFTC commissioners as well as his choices to lead the Fed are moving to the Senate for confirmation
Investments in BTC Keep Growing, in ETH - Dropping, MoonPay Valued at USD 3.4B + More News
22.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Investments in BTC Keep Growing, in ETH - Dropping, MoonPay Valued at USD 3.4B + More News
Fed Governor Waller praises stablecoins as a genuine innovation that makes the development of CBDCs redundant
17.11.2021
The total market capitalization of stablecoins increased five-fold in the past year alone
Stablecoins ‘Pose Risk to Financial Stability’ Warns Federal Reserve
16.11.2019
Stablecoins only “complementary” if they obey regulators, suggests Fed
Fed Governor Warns: Facebook’s Libra Users Lack Clear Rights
17.10.2019
The Fed’s Lael Brainard warns that Libra users’ rights with respect to the token’s underlying assets and the system overall remain unclear