Search

Nalezeno "Federal": 2849

Beijing Presses Fast-Food Chain McDonald’s to Support Digital Yuan — China’s CBDC Expected to Launch in February

24.10.2021
According to a recent report, Beijing is pressing the fast-food retail chain McDonald’s to support the digital yuan before the Winter Olympics in China scheduled for February 2022. The report notes that China is also pushing companies like Visa and Nike to join in on the central bank digital...

Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations

23.10.2021
The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming...

All-time highs next? Bitcoin holds $62K as the Dollar index tumbles to 3-week lows

19.10.2021
The U.S. dollar index reached its lowest levels in three weeks on Tuesday, triggering the Rising Wedge pattern

CME Bitcoin futures open interest hits 8-month high, greater than when BTC price was at $65K

14.10.2021
Open Interest surged to $3.22 billion Thursday to levels not seen since February

Crypto adoption in sights: Regulators and industry join to fight ransomware

14.10.2021
As the crypto industry continues to develop at a rapid pace, so do the ransomware attacks, but regulators now seem ready to step in

St. Louis Fed’s James Bullard Would ‘Support Starting the Taper in November’ to React to Inflation

14.10.2021
St. Louis Federal Reserve president James Bullard told the press on Tuesday that he thinks the U.S. central bank needs to wind down the buying of $80 billion worth of monthly bond purchases. Bullard says he would support tapering starting as early as November, in order to “react to possible...

US Inflation Expectations Highest Since 2013, Gas Prices Skyrocket, Supply Chains Buckle

13.10.2021
Americans are still concerned about dealing with inflation, as the cost of goods and services has continued to rise significantly in a short period of time. The Federal Reserve has published the latest Survey of Consumer Expectations report and U.S. households believe inflation will be up 5.3%...

FBI Arrests Federal Employee Selling Restricted Data on Nuclear Submarines for Cryptocurrency

11.10.2021
A U.S. government employee has been arrested on espionage-related charges after he attempted to sell restricted data on the design of nuclear-powered warships to a foreign government. The federal employee asked to be paid in monero cryptocurrency. “I am very aware of the risks of blockchain...

Swiss think tank initiates vote to add Bitcoin in federal constitution

11.10.2021
Successful or not, the vote will bring crypto education to people who are not yet Bitcoin-savvy, 2B4CH founder said

SEC Chairman Gary Gensler: No Plan to Ban Crypto, It’s up to Congress

6.10.2021
SEC Chairman Gary Gensler says that the SEC has no plan to ban cryptocurrencies as China has done. He noted that it would be up to Congress to make such a decision. Recently, Federal Reserve Chairman Jerome Powell similarly said that the Fed had no intention to ban or limit the use...

FBI Works With Europol to Arrest Ransomware Gang, $1.3 Million in Cryptocurrencies Seized

6.10.2021
A coordinated strike involving Europol, Interpol, and the U.S. Federal Bureau of Investigation (FBI) has led to the arrest of two “prolific” ransomware operators allegedly responsible for ransom demands of up to 70 million euros. In addition, $1.3 million in cryptocurrencies were...

Bitcoin Will Become Currency in Brazil Soon, According to Federal Deputy Aureo Ribeiro

5.10.2021
Aureo Ribeiro, a federal deputy in Brazil, stated that bitcoin might become a recognized currency in Brazil soon, during an interview with local media. The politician stated that Brazilians may be able to purchase houses, cars, and even fast food at McDonald’s with cryptocurrency in the near...

Gold Spikes on US Debt Fears — Finance Portal Disowns End-of-Year Gold Price Prediction

4.10.2021
While the price of bitcoin has surged during the first few days of October, the price of the precious metal gold has also increased percentage-wise as the U.S. dollar and the country’s 10-year Treasury yields slid in value this past week. An ounce of fine gold exchanged hands this weekend...

US Lawmakers Urge Fed Chair Jerome Powell to Support Crypto Innovation

3.10.2021
Several U.S. lawmakers have called on Federal Reserve Chairman Jerome Powell to support cryptocurrency innovation. “The Federal Reserve must work to support domestic innovation … Our government should never be in the business of thwarting innovation.” Members of Congress Urge...

Federal High Court of Nigeria approves eNaira CBDC rollout

3.10.2021
eNaira will continue to circulate alongside its fiat counterpart, however, promising a faster, cheaper, and more secure option for monetary transactions

Federal Reserve Chairman Powell Says No Intention to Ban or Limit Use of Cryptocurrencies

2.10.2021
Federal Reserve Chairman Jerome Powell confirmed during a hearing before the House Financial Services Committee that he has no intention to ban or limit the use of cryptocurrencies. He also commented on the regulation of stablecoins. Powell Says ‘No Intention to Ban’ Crypto...