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Yellen convenes SEC, CFTC and Fed leaders on Robinhood question
3.2.2021
Treasury Secretary Janet Yellen faces the first major hurdle of her tenure with the question of how to handle social media-driven security trading
US Federal Reserve Seeking Manager to Research CBDCs and Stablecoins
2.2.2021
The U.S. Federal Reserve (Fed) has posted a job advertisement that seeks to hire a role related to stablecoins and central bank digital currencies (CBDC). The Fed is looking for a research manager to join its team to assess the “benefits and risks” of digital assets. The Role Is Part...
Elon Musk Supports Bitcoin, Says BTC on the Verge of Broad Acceptance
1.2.2021
Spacex and Tesla CEO Elon Musk has clarified his position on bitcoin and dogecoin. He confirmed that he supports bitcoin, stating that it is “a good thing.” Admitting that he is late to the game on bitcoin, Musk said that he should have bought some eight years ago when his friend...
Fed Chair Powell: ‘We’d Welcome Higher Inflation’
27.1.2021
The central bank doesn’t want to pull back asset purchases just yet, Powell said Wednesday
First Mover: Risks Nobody’s Ever Seen, From the Fed to Tether (and GameStop)
27.1.2021
Risks surrounding the stablecoin tether (USDT) have been known for years, but they're commanding fresh attention as the amount outstanding swells to $25B
Ninja Sounds Fed Up
25.1.2021
Tyler “Ninja” Blevins, still the streaming world’s best-known crossover sensation even years after the peak of his relevance, sounds like he’s getting a little tired of his every action being hyper-scrutinized by millions of people all the time.Read more
Janet Yellen Clarifies Her Stance on Bitcoin — Promises ‘Effective’ Crypto Regulation
23.1.2021
Joe Biden’s pick to become the new U.S. Treasury Secretary, Janet Yellen, has clarified her stance on bitcoin and cryptocurrencies. This follows her remarks during a Senate hearing when she said that cryptocurrencies are mostly used for illicit financing. Janet Yellen Clarifies Her Crypto...
US Fed: CBDC a ‘very high priority’ to combat bad private sector money
15.1.2021
The United States Federal Reserve needs its own digital currency to protect against a possible overnight proliferation of stablecoin technology, says Fed chairman Jerome Powell
Fed Chief Bets That US's 'First-Mover Advantage' in CBDC Race Is Stronger Than China's
15.1.2021
Fed Chairman Jerome Powell. Source: a video screenshot, Youtube, NBC News
Jerome Powell, the chairman of the US Federal Reserve (the Fed), has suggested that the United States is in no rush to issue a central bank digital currency (CDBC), opining that the dollar’s status as the de facto world...
Bitcoin ‘Going Through the Roof’ Unlike Assets Controlled by Government, Says Former Fed Governor
9.1.2021
Former Federal Reserve Governor Kevin Warsh is bullish on bitcoin. He sees all assets that are not controlled by the U.S. government “going through the roof,” unlike those the Fed purports to control. He has outlined three reasons why bitcoin makes sense to him. Why Former Fed Governor...
Bitcoin Investment Make Sense in Current Economic Climate: Former Fed Governor
6.1.2021
"I guess if you are under 40 bitcoin is your new gold," Warsh said
Fed’s Powell Wins Forbes’ Crypto Person of the Year Honors; Do They Give Awards for Snark?
27.12.2020
A side effect of the Fed's medicine for the pandemic-stricken U.S. economy was to create conditions ideal for the rise of cryptocurrencies
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....
What Is a CBDC?
4.12.2020
A CBDC is a central bank digital currency, a new type of money governments are experimenting with that often has blockchain at its core
Hodlers thankful as Bitcoin is gainful: Bad Crypto news of the week
29.11.2020
Everyone from the Wall Street Journal to the Queen of England has an eye for Bitcoin in this week's Bad Crypto podcast
Hyperinflation and Rent Controls – 2020’s Telltale Signs of Economic Distress Haunts Many Nations
24.11.2020
If history serves us well, 2020 is likely a precursor to a long and dreadful economic depression throughout a myriad of countries worldwide. During the last year, economists and analysts have been discussing how specifically the United States economy and the U.S. dollar are losing global dominance...
Biden to Tap Former Fed Chair Janet Yellen as Treasury Secretary
23.11.2020
Former Fed Chair Janet Yellen will be tapped to run the Treasury Department, where she will oversee federal agencies that impact crypto
Biden plans for former Fed Chair and noted Bitcoin bear to lead US Treasury
23.11.2020
The Biden team looks to Janet Yellen to lead the next administration's economic policy, which will have to navigate the wreckage left in the wake of the coronavirus
US Fed researcher says CBDCs should beat Big Tech payments on privacy protection
23.11.2020
The paper also put forward CBDCs as solutions to high transaction fees and the energy use of mining cryptocurrencies like Bitcoin
Second Stimulus Checks: New Proposal Taps Unused Fed Funds, Lawmakers Call for Relief Now
23.11.2020
Americans are anxiously waiting to hear if they will receive a second round of stimulus checks as many are suffering due to the coronavirus-led economic crisis. Treasury Secretary Steven Mnuchin has a new proposal to immediately provide relief aid, while Nancy Pelosi has been discussing stimulus...