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Nalezeno "FED": 2715

Fed calling for more stimulus is 'code for buy Bitcoin,' says Winklevoss

6.11.2020
Jerome Powell says Congress should agree further fiscal stimulus as U.S. public debt tops $27.2 trillion

First Mover: Bitcoin Likes Biden (and Fed’s Powell) as Price Approaches $15K

5.11.2020
The Federal Reserve, established as lender of last resort to banks, looks to be stimulus provider of last resort with U.S. government divided

Federal Reserve Staff Sluiced Wall Street Bankers With Trillions From the Comfort of Their Mansions

3.11.2020
While American citizens wait for bureaucrats to pass a new coronavirus relief package, the Federal Reserve has continued to serve corporate interests and the banking cartel. Behind the curtains from the comfort of their own mansions, members of the Fed have given more stimulus to crony Wall Street...

Court Filing Accuses Bitmex Cofounders of ‘Looting’ $440 Million Before the Fed Crackdown

2.11.2020
A civil lawsuit has been filed against the firm HDR Global Trading Limited, the parent company of the exchange Bitmex, alongside the three cofounders Arthur Hayes, Ben Delo, and Samuel Reed. Plaintiffs allege “the defendants’ Hayes, Delo, and Reed looted about $440,308,400 of proceeds...

OCC’s Brian Brooks Against Government Issued Digital Dollar – Supports Regulation of Privately Issued Stablecoins

31.10.2020
The acting director of the U.S. Office Comptroller of Currency (OCC) Brian Brooks says the creation of the U.S. digital dollar is a terrible one because the government is not good at building things. Instead, Brooks believes tech companies, which already possess the know-how, to be in a better...

US Charges Stanford Crypto Group Director With Defrauding His Former Employer – the Fed

29.10.2020
Lawrence Rufrano allegedly hid his work at Stanford and blockchain startup Factom from disability benefits regulators

13 Things Fed Should Mull Over Before a Digital Dollar Launch

27.10.2020
The US Federal Reserve should look into more than a dozen major matters before launching its central bank digital currency (CBDC), a digital dollar, including safety, fairness, inclusion, interoperability, and resilience among others, found Global Digital Finance (GDF), an industry body working...

US Government Agencies Propose Changes to Funds Transfer Rules-Seek to Broaden Definition of Money to Include Cryptocurrencies

25.10.2020
The U.S. Federal Reserve Board and Fincen are seeking feedback on their proposal to lower the threshold at which financial institutions must collect and retain information on funds transfers. In their joint notice on the rule change proposal, the two U.S. agencies want a new threshold...

US Moves to Cast a Wider Net for Catching Money Launderers, Crypto or Otherwise

23.10.2020
The Fed and the Financial Crimes Enforcement Network want to lower the threshold for reporting financial transactions and make sure crypto is included

Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications

19.10.2020
On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies and cross-border payments with the Federal Reserve Chair...

Better to get it right than to be first with CBDC, says US Fed chair

19.10.2020
The U.S. already has a “safe and active dynamic domestic payment system,” Powell argued

Fed Chairman Powell to Speak About Digital Currencies Next Week at IMF

15.10.2020
Federal Reserve Chairman Jerome Powell will speak next week as part of a panel on the future of cross-border payments at the International Monetary Fund’s (IMF) annual meeting

Fed Reserve and 6 Other Central Banks Set Out Core Digital Currency Principles

9.10.2020
The seven central banks, along with BIS, have released a report setting out agreed core objectives that must be met by national digital currencies

Fed Chairman Claims ‘Now Is Not the Time’ to Worry About the Federal Budget

7.10.2020
According to the Federal Reserve Chairman, Jerome Powell, the road to economic recovery is far from over and the Covid-19 pandemic has fueled the tragedy. During his speech at the National Association for Business Economics annual meeting, Powell highlighted that the federal budget was essentially...

$9 Trillion in Stimulus Injections: The Fed’s 2020 Pump Eclipses Two Centuries of USD Creation

5.10.2020
Since September 2019, research shows the Federal Reserve has pumped over $9 trillion to primary dealers by leveraging enormous emergency repo operations. A recently published investigative report shows the U.S. central bank submits the daily loan tally, but the Fed will not provide the public with...

‘The Fed Meetings Are a Dead Spectator Sport’ – Best of The Breakdown September 2020

3.10.2020
A monthly recap featuring conversations with Luke Gromen, Raoul Pal, Tavi Costa, Sven Henrich, Corey Hoffstein and Michael Saylor

US Federal Reserve Actively Working on Digital Dollar

26.9.2020
The Federal Reserve Board of Governors and several Federal Reserve Banks are actively working on the digital dollar. Legislation has proposed that each American could have an account at the Fed for transacting in the central bank digital currency. Several Digital Dollar Initiatives The president...