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SEC Chair Clayton Nominated as US Attorney for New York
20.6.2020
SEC Chairman Jay Clayton has been nominated to become the U.S. Attorney for the Southern District of New York, replacing outgoing U.S. Attorney Geoffrey Berman, who will step down by July 3
Former CFTC Chair Giancarlo Lays Out Why He Thinks XRP Isn’t a Security
18.6.2020
The fact investors buy XRP for different reasons means it's more like a new form of currency than it is a security, says former CFTC head Christopher Giancarlo
Fed Chair on CBDC: ‘We Need to Understand It First and Best’ — But Is He Too Late?
17.6.2020
The Fed is looking at issuing a central bank digital currency, but can’t point to any concrete progress
US Fed Chair Says Private Entities Should Not Help Design Central Bank Digital Currencies
17.6.2020
Federal Reserve Chairman Jerome Powell said he believes central banks would have to design and implement CBDCs, not private entities
Fed Chair Powell Warns of ‘Unsustainable’ Budget as US National Debt Crosses $26 Trillion
17.6.2020
In his testimony before the Senate banking committee, Federal Reserve Chairman Jerome Powell warned Congress that the U.S. federal budget has been on an unsustainable path for years. He added that the U.S. economy is facing a deep downturn with “significant uncertainty.”...
Limitless Bailouts: US Federal Reserve Announces Billion-Dollar Corporate Bond Purchase Program
16.6.2020
During the last three months, the U.S. Federal Reserve has created a system of monetary avarice, as the central bank can literally do whatever it wants with zero oversight. The American public recently witnessed the Fed’s announcement on Monday, which explained the central bank will be buying...
Trump Predicts US Economy to Recover by 2021 — Fed Chair, Economists Disagree
7.6.2020
President Donald Trump has predicted that the US economy will recover by 2021, citing new jobs data released by the Labor Department which contains a “misclassification error.” Officials say the numbers are artificially low, and Federal Reserve Chairman Jerome Powell and several...
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...
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
'Ethereum-Based' LIBOR Alternative Gets a Nod From Fed Chairman
4.6.2020
Jerome Powell. Source: a video screenshot, Youtube/CNBC Television
The US Federal Reserve (Fed) Chairman Jerome Powell has seemingly expressed support for an "Ethereum-based" replacement of LIBOR, the average interest rate at which major global banks borrow from one another, stressing...
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...
Ex-CFTC Chair Chris Giancarlo Joins Swiss Effort to Fund COVID Relief Projects
19.5.2020
Led by Swiss crypto exchange Lykke, a $200,000 initiative to fund tech-driven COVID-19 relief projects has tapped ex-CFTC chair Chris Giancarlo as its advisor
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
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
Blockchain, Not Crypto, Is at Core of Facebook’s Libra, Vice Chair Says
28.4.2020
Libra Association’s vice chair Dante Disparte expects Libra network to launch in Q4 2020
'Same Activity, Same Regulation' For 'Global Stablecoins' - FSB Chair
14.4.2020
Cross-border payment inefficiencies will be a problem for the post-pandemic economic recovery of certain regions, says Randal K. Quarles, the Chair of the Financial Stability Board (FSB) in a letter to the G20. But when it comes to a possible solution - "global stablecoins" - oversight...
Financial Bazookas Revealed – Market Strategists Believe the Fed Will Purchase Stocks Soon
1.4.2020
Bitcoin and cryptocurrencies may be the only free-market assets left not manipulated by central banks like the U.S. Federal Reserve. Since the covid-19 outbreak, the Fed has unleashed a massive arsenal of monetary weapons to combat the effects on the economy. After the significant rate cuts...
Cointelegraph Exclusive: Former CFTC Chair Looks to Digital Dollar Beyond COVID-19 Stimulus
29.3.2020
Former CFTC Chair Giancarlo and CFTC FinTech expert Gorfine talk new digital dollar initiative with Cointelegraph
OKCoin’s Chair Takes Over as CEO, Former Chief Executive Moves Sideways
6.3.2020
OKCoin announces chairperson Hong Fang as its new CEO
Coronavirus Prompts Fed to Slash Interest Rate – Stocks Slide, Gold Spikes, Bitcoin Uncertainty
4.3.2020
The U.S. Federal Reserve slashed interest rates by 50 bps on Tuesday citing concerns about the coronavirus outbreak against the bleak economy. The last time the central bank slashed rates by leveraging an “emergency rate shift” by half a percentage point was after Lehman Brothers filed...