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Fed Chair Jerome Powell Discusses Leveraging an Ethereum-Based Libor Replacement
5.6.2020
The Federal Reserve’s Chair, Jerome Powell has hinted at using an Ethereum-based interest reference rate in a transition from the London Interbank Offered Rate (Libor). Powell also detailed in a letter to Senator Tom Cotton (R-AR), that the Ethereum version of Libor, a software called...
Blockchain Bites: Why UN and Federal Reserve Experts Think CBDCs Could Kill Commercial Banking
5.6.2020
U.N. and Federal Reserve experts think CBDCs can compete with commercial banks, New York and France enter a regulatory agreement while Europol has Wasabi Wallet concerns
Central Bank Digital Currencies Endanger Private Banks, Says Federal Reserve
5.6.2020
Central bank digital currencies endanger private banks, warned the Federal Reserve Bank of Philadelphia
Fed Paper: Central Bank Digital Currencies Could Replace Commercial Banks – But at a Cost
5.6.2020
The research explores how "central banking for all" via digital currency could affect commercial banks
Fed Chair Teases Use of Ethereum-Based Interest Reference Rates
4.6.2020
U.S. Fed Chair Jerome Powell said an Ethereum-based interest reference rate works, but maybe not for everyone
US Turmoil and Negative Interest Rates – Billionaire Michael Novogratz Says ‘Watch Gold and Bitcoin’
2.6.2020
For the first time since October 2019, Federal Reserve Chair Jerome Powell admitted to leveraging quantitative easing (QE) tactics. Powell explained on Friday, the central bank is now comfortable with leveraging QE on a regular basis. Furthermore, the Fed is planning on utilizing negative interest...
Indian Banks Still Cryptophobic Despite No Banking Prohibition
31.5.2020
Here are the legal resources available to Indian crypto users and businesses if a bank has declined services out of cryptophobia
American Panic Led to the Creation and Expansion of the Corrupt Federal Reserve System
30.5.2020
The Federal Reserve System was created after the “Panic of 1907” and ever since its inception in 1913, the Fed is one of the most powerful modern central banks in the world. Moreover, the Fed has always been either celebrated or criticized for stepping in whenever the U.S. is stricken...
Do Zero-Reserve Loans Make Tether Better Off Backed by Bitfinex Stock?
27.5.2020
With the Federal Reserve now allowing US banks to issue loans with zero reserve, is Tether better off backed by Bitfinex shares than dollars backed by nothing?
RBI Confirms No Ban on Cryptocurrency Exchanges, Businesses or Traders in India
26.5.2020
India’s central bank, the Reserve Bank of India (RBI), has confirmed that there is no longer any banking ban on crypto exchanges, companies, or traders. This follows the supreme court decision to quash the RBI circular prohibiting banks from providing services to any customers dealing...
Master of Puppets: Bitcoin Cuts the Strings
23.5.2020
The centralized financial system has compromised itself several times during the last two decades alone, and now it’s time for a serious change!
Bitcoin Will Create a New Economic Elite in 2020
22.5.2020
The economic crisis caused by the coronavirus outbreak has clearly shown the advantages of the decentralized technologies and cryptocurrency
Trump's Fed Nominee Advocates a Gold-Backed Currency, Even a Crypto One
21.5.2020
Judy Shelton, President Trump's nominee for the Federal Reserve board of governors, has advocated for getting back to a gold standard, possible "in a very cryptocurrency way."
Why a Strong Dollar Is Bad for the US and Bad for the World
20.5.2020
Despite the specter of inflation from money printing, the dollar has gained strength. Here’s why that’s a problem - for everyone
Generations of Debt: US Taxpayers Held Liable for Federal Reserve’s $6.9 Trillion Balance
20.5.2020
The central banking system in the U.S. and the country’s megabanks have manipulated the economy for quite some time and these days, the coronavirus has been a great excuse to create trillions for stimulus. A recent report from the analysts at Wall Street on Parade indicates that American...
Smoke and Mirrors as Mainstream Banks Discourage Clients From Crypto
19.5.2020
A data-based approach to cryptocurrency investment shows promise, so why are investment advisors at top firms still pushing clients away?
Fed Chair: ‘We Have the Ability to Create Money Digitally’
18.5.2020
Fed Chair Jerome Powell said the bank has flooded the economy with money and would continue lending programs for as long as they’re needed
Robert Kiyosaki Predicts Bitcoin Will Be Worth $75k in 3 Years
17.5.2020
Rich Dad Poor Dad author makes a bullish prediction for Bitcoin’s price trajectory
As US Pumps Trillions Into Economy, Bitcoin Price Likely to Be Affected
17.5.2020
The U.S. is printing dollars and slashing interest rates to help the people, but will it affect the crypto market?
Fed Chair Blames Coronavirus, Not ‘Usual Suspects’ for Crashed Economy
14.5.2020
The latest words from Jerome Powell suggest that there is little need to address monetary policy to avoid another market crash