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Fed's Quarles says regulators should show 'constraint' on stablecoins to avoid hampering innovation
2.12.2021
Quarles said some of the approaches on stablecoin regulation from the President's Working Group on Financial Markets’ November report are unnecessary
Biden is considering law professor, Fed president, and former CFPB director to fill 3 seats on Federal Reserve: report
1.12.2021
Fed governor Randal Quarles resigned his position effective as of the end of December, while Richard Clarida is expected to leave in January 2022, leaving three vacancies in the group of seven serving at the Federal Reserve
Bitcoin, stocks and commodities correct after Fed chair mentions policy change
30.11.2021
BTC, stocks and commodities took a hit after the Federal Reserve acknowledged that inflation is more than just a “transitory” problem and hinted that tapering could occur sooner than expected
Fed Chair on Higher & Not Transitory Inflation, Yellen On Stablecoins + More News
30.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Fed Chair on Higher & Not Transitory Inflation, Yellen On Stablecoins + More News
Fed Chair Jerome Powell Could ‘Slow Crypto Down’ in His Second Term, Warns Billionaire Mike Novogratz
30.11.2021
Billionaire investor Mike Novogratz has cautioned that Federal Reserve Chairman Jerome Powell could slow down the crypto market in his second term in office. Commenting on his renomination, Novogratz said Powell could “act more like a central banker than a guy that wants to...
BIS Innovation Hub partners with Fed to support analysis of digital assets
29.11.2021
Jerome Powell cited CBDCs and digital assets in his speech to open the New York Innovation Center at the Federal Reserve's local offices
Law Decoded: India ponders going full China on crypto, Nov. 22–29
29.11.2021
The world's sixth-largest economy could adopt a hardline stance against decentralized cryptocurrencies as soon as this winter
Hillary Clinton Calls on Biden Administration to Regulate Cryptocurrency — Warns of Manipulation by Russia, China
25.11.2021
Former presidential candidate Hillary Clinton has called on the Biden administration to regulate the cryptocurrency markets. She warned that countries like Russia or China, as well as nonstate actors, could manipulate all kinds of technology to their advantage and destabilize countries as well...
India Lists Cryptocurrency Bill to Be Taken up Parliament — Crypto Legislation Expected Before Year-End
24.11.2021
The government of India has listed a cryptocurrency bill to be taken up in the upcoming session of parliament that starts next week. The bill seeks to prohibit cryptocurrencies with some exceptions. It will also create a facilitative framework for a digital rupee to be issued by the Reserve Bank...
Crypto prices in India tumble after crypto bill announced
24.11.2021
The token prices on the Indian crypto exchange WazirX crashed following the announcement of a bill that would ban all private crypto
US Senator Pat Toomey supports digital dollar, nomination of Powell as Fed chair
23.11.2021
“The idea of having a tokenized dollar that is capable of being exchanged on a peer-to-peer basis on a platform where developers can innovate and develop new products and services... I think there’s a strong case for that,” said Pat Toomey
Fed conducted 'policy sprints' around crypto assets to address regulatory clarity
23.11.2021
Government agencies are planning to adjust compliance standards on existing laws and regulations related to custody services, buying and selling crypto, crypto-collateralized loans, HODLing, and the issuance of stablecoins
Proposed tightening of Australian crypto regulations could stifle competition: Kraken
23.11.2021
Kraken Australia’s Managing Director is concerned that a proposed new licensing regime for crypto exchanges could collapse the vibrancy of the industry down under
After Overseeing the Largest Monetary Expansion in US History Biden Renominates Powell to Lead the Fed
22.11.2021
U.S. president Joe Biden revealed his intent on Monday to re-nominate Jerome Powell as the Federal Reserve chairperson. Major indices and stocks gained on the news that Powell will get a second term as the head of the central bank. Biden Chooses to Renominate Fed Chair Jerome Powell On Monday...
President Biden picks Jerome Powell to be next Fed chair
22.11.2021
During his time as Fed chair, Powell has said the agency was “working proactively to issue a CBDC” but was unlikely to support a blanket ban on crypto
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.
__________...
Read More: Investments in BTC Keep Growing, in ETH - Dropping, MoonPay Valued at USD 3.4B + More News
Central Bank of Peru Will Develop a Digital Currency
22.11.2021
The Central Reserve Bank of Peru, the Peruvian central bank, is planning to develop a central bank digital currency (CBDC) like other economies of the world. The announcement was made by its president, Julio Velarde, who stated that the currency would be designed for use primarily in payments....
Hillary Clinton Warns Cryptocurrency Could Destabilize Nations, Undermine Dollar as World’s Reserve Currency
21.11.2021
Former presidential candidate Hillary Clinton has urged nation-states to “start paying greater attention to the rise of cryptocurrency.” She warned that crypto could undermine the role of the dollar as the world’s reserve currency and could destabilize nations. Hillary Clinton...
‘Inflation in the News Driven by Rich People’ — Media Pundits Claim ‘Inflation Is Good’ as Americans Struggle With Less Purchasing Power
20.11.2021
Inflation in the U.S. has a large number of Americans worried about the future of their purchasing power as the cost of goods and services has continued to rise faster every month. Reports note that Americans are struggling to pay for child care, groceries, gasoline, lumber, healthcare supplies...
RBA warns Aussies over punting on ‘fad driven’ cryptocurrencies
19.11.2021
The Reserve Bank of Australia has warned local investors that the speculative frenzy on crypto could soon dry up if policymakers and regulators step in