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Nalezeno "Reserve": 2955

Federal Reserve Governor Argues Against Subjecting Stablecoins to Full Banking Regulation

18.11.2021
Federal Reserve Board Governor Christopher Waller says that stablecoins do not need to be regulated with all the same rules as banks. He disagrees with some of the recommendations on stablecoin regulation by the President’s Working Group on Financial Markets. He explained that while banks...

Let's Meet The Board Members Supporting Besieged Activision Blizzard CEO Bobby Kotick

18.11.2021
Activision Blizzard has had a nightmarish 2021, with historic allegations of harassment causing enormous upheaval at the company, several high-profile lawsuits and the departure (or firings) of many key executives and developers. You would think that this mess would fall at the feet of...

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

As the Dollar’s Purchasing Power Drops, Janet Yellen Stresses ‘Pandemic Calls the Shots’ for the Economy, Inflation

16.11.2021
Inflation has continued to make the price of goods and services in America rise as the U.S. dollar’s purchasing power is not what it used to be. Meanwhile, the Obama administration’s former economic advisor, Larry Summers, recently told the press that “We’re going to...

Federal Reserve Governors Don’t See Reason to Issue Central Bank Digital Currency

16.11.2021
At least three Federal Reserve governors have said that they do not see a reason for the Fed to issue a central bank digital currency (CBDC). The Fed is currently putting together a report on a digital dollar to be released in the near future. Fed Governors Doubt Need for Digital Dollar Federal...

Bitcoin price dips under $60K as Dollar Strength Index reaches 16-month highs

16.11.2021
The greenback regained strength in hopes that stronger inflation data in the U.S. would revive a tighter monetary policy and after better-than-expected retail sales growth

Indian Prime Minister Modi Chairs Crypto Meeting After Consulting With RBI, Finance Ministry

16.11.2021
Indian Prime Minister Narendra Modi has reportedly chaired a comprehensive meeting on cryptocurrency and related issues in India. The meeting was an outcome of a consultative process involving the central bank, the Reserve Bank of India (RBI), the Ministry of Finance, and the Home Ministry. PM Modi...

US President Biden Nears Decision to Choose Fed Chair — Reports Indicate Toss-up Between Powell and Brainard

13.11.2021
Following the passing of the Biden administration’s infrastructure bill, the U.S. president appears to be nearing his decision on whether or not he will reappoint Jerome Powell, the current Federal Reserve Board chairperson. According to a few reports Powell may be chosen, but other reports...

India’s Central Bank RBI Reiterates ‘Serious Concerns’ About Crypto — Governor Doubts Reports on Indian Crypto Investors

12.11.2021
India’s central bank, the Reserve Bank of India (RBI), still has “serious concerns” about cryptocurrency from a macroeconomic and financial stability standpoint. Furthermore, RBI Governor Shaktikanta Das says he doubts the veracity of the number of Indian crypto investors...

Stablecoin payment app Reserve helps individuals protect their savings against inflation in Latin America

11.11.2021
"Our long-term vision is to create a currency that is stronger than any fiat currency that exists now," said Reserve community manager Yens Michiels

US Faces More Inflation Woes as CPI Hits Highest Record in 30 Years

11.11.2021
U.S. inflation continues to roar higher as this week’s data from the consumer price index (CPI) jumped 6.2% from a year ago. Americans are concerned as the Federal Reserve has expanded the monetary supply like at no other time in history, suppressed the benchmark interest rate, and U.S....

Record-high inflation prompts investors to take a closer look at Bitcoin

11.11.2021
Cryptocurrency values are up, but so is the price of everything else in the United States! Investor curiosity in BTC grows as data shows U.S. inflation rose to a 30-year high

Bitcoin price briefly hits $69K ATH before plummeting back to Earth

10.11.2021
BTC hit a new all-time high! It didn't last long, however

Crypto markets rally as inflation rages at 30-year high

10.11.2021
In an inflationary environment, assets like Bitcoin appear more attractive to investors. The BTC price rallied to a new all-time high on Wednesday

Government Official Says Zimbabwe Currently Gathering Views on Cryptocurrencies

9.11.2021
An official with the Zimbabwean government recently confirmed the country’s administration is currently gathering views about cryptocurrencies from knowledgeable persons. Government’s Lingering Concerns Charles Wekwete, who is the head of the e-government unit, suggested that...

Fed board member to leave by 2022, leaving Biden to fill 3 seats

8.11.2021
Randal Quarles has been a member of the Federal Reserve Board as well as its Vice Chair for Supervision since 2017

Author Insists Current Gold Price Cheaper Now Than in 1980

8.11.2021
While gold is generally perceived to be the best hedge against inflation, a report written by author Kelsey Williams has now questioned this longstanding assertion. In the report, Williams argues that the current gold price of around $1,810 per ounce is much lower than the commodity’s...