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Senate committee votes unanimously in favor of Yellen as Treasury Secretary
22.1.2021
The Senate Committee on Finance backed Yellen's nomination in a show of bipartisan support
Russian Parliament Foresees a Wave of Token Issuance for 2021 in the Wake of Crypto Law Promulgation
26.12.2020
The head of the Russian parliamentary committee on financial markets and the country’s first crypto law’s author is forecasting a “surge in token issuance” for 2021 in the wake of the promulgation expected to take place in January. Russian Parliament Expects a ‘Surge...
QE Infinity: US Fed to Keep Rates at Zero, Billion-Dollar Bond Purchases Until Economy Recovers
18.12.2020
This week the U.S. Federal Reserve met for two days at the Federal Open Market Committee meeting and detailed that it would keep short-term borrowing rates at near zero. Meanwhile, the Fed also stated that it would continue buying bonds until the U.S. economy returns to full employment....
Korean Exchange Operator to Oversee Crypto-Linked Stocks in the Midst of Suspicions on Unfair Trading
12.12.2020
South Korean securities exchange operator is now expanding its overseeing capacity by monitoring all crypto-related stock activities after volatile movements seen in the last few weeks on listed companies tied to the industry. KRX’s Market Oversights Committee to Supervise Crypto-Linked...
US House Financial Services Chair Waters Recommends Joe Biden Rescind OCC Crypto Guidance
5.12.2020
House Financial Services Chair Maxine Waters told President-elect Joe Biden to undo the OCC's crypto guidance after he takes office next year
Central Bank of Nigeria Governor Decries the Use of Parallel Exchange Rate as Citizens Switch to Crypto
4.12.2020
The governor of the Central Bank of Nigeria (CBN) Godwin Emefiele says the embrace of the parallel market exchange rate by some professionals in that country is unfair and unfortunate. The CBN governor says the parallel foreign exchange market only accounts for a share of the market that does...
SUN.IO Announces Establishment of Community Governance Committee
30.9.2020
TRON based decentralized financial network SUN.IO announced that it has established the Community Governance Committee for SUN. In the official Twitter thread, SUN mentioned features of the SUN DAO, which includes a committee comprising of SUN holders, transparency and self-governance, coordination...
House Ag Committee leader talks new bills to treat more cryptos like commodities
28.9.2020
Congressman Conaway sheds some light on new legislation in conversation with Cointelegraph
Digital Chamber Adds Mulvaney to Board of Advisors; Visa, Goldman Join Executive Committee
23.9.2020
The Chamber of Digital Commerce announced Wednesday that former acting White House chief of staff Mick Mulvaney has joined the group’s board of advisors
Blockchain Proposals Move to US House in Consumer Tech Bill
10.9.2020
The Consumer Safety Technology Act will now be debated in the House of Representatives
Senate Banking Chairman Asks OCC About Its Planned Crypto Rulemaking
2.9.2020
U.S. Senate Banking Committee Chairman Mike Crapo asked to know more about the OCC's potential crypto guidance, but encouraged clear regulation
Visa Exec Says ‘Opt Out With Bitcoin’ Slamming Fed’s Policy Change Toward Inflation
29.8.2020
On Thursday, 17 top Federal Reserve officials explained that the committee plans to let inflation run hotter than usual, or above the benchmark 2% rate for a duration of time. Fed Chair Jerome Powell’s speech was considered a “major policy shift” and a number of economists...
Why Are Traditional Investors So Hungry for Yield Curve Control?
23.8.2020
When FOMC minutes suggested the Federal Reserve might not employ yield curve control, the markets reacted angrily
Indian Government Confirms Crypto Bill Is ‘Awaiting Approval’
31.7.2020
The Indian government has confirmed in a Right to Information (RTI) reply that the inter-ministerial committee’s cryptocurrency bill is “awaiting approval of the government.” The bill is currently being examined by various ministries. Indian Government’s Confirmation...
Stimulus Is Failing: Global Banks to Break Support Levels, US Dollar Plummets to 2-Year Low
31.7.2020
Central banks worldwide have injected further stimulus into the economy, as European Union (EU) leaders recently approved a $2.1 trillion budget, the Bank of England boosted stimulus injections in mid-June, and the Federal Reserve announced on Wednesday that it would keep lending until the end...
Federal Reserve Keeps Rates Close to Zero, Continues Buying Treasuries
29.7.2020
The Federal Reserve said Wednesday that it would hold benchmark U.S. interest rates close to zero and continue buying Treasury bonds to support the coronavirus-devastated economy
Senate Hearing Sees Digital Dollar as a Tool for Economic Supremacy
23.7.2020
The digital dollar again appeared during a Senate hearing. However, it wasn't the focus of the hearing, but rather just another tool that can be used to maintain U.S. hegemony
CFTC Committee to Hold Remote Meeting on DLT and Digital Currencies
15.7.2020
An upcoming U.S. Commodity Futures Trading Commission, or CFTC, advisory group meeting will host talk on a number of topics, including Distributed Ledger Technology, or DLT, digital assets and trading
US Senators Float Bill Requiring Congressional Watchdog Study Crypto’s Role in Trafficking
1.7.2020
Top members of the Senate Banking Committee plan to introduce legislation that would direct the congressional watchdog to study virtual currency’s role in drug and human trafficking
Senate Banking Committee Remains Open to Idea of Digital Dollar in Tuesday’s Hearing
1.7.2020
While not every lawmaker was on board with the idea of a central bank digital currency during a Senate Banking Committee hearing Tuesday, no one explicitly rejected it either