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Federal Reserve’s Chairman is uncertain on CBDCs

Palak Malhotra July 16, 2021

Jerome Powell, the Federal Reserve Chairman has publicly admitted that he is unsure of the Fed issuing its own Central Bank Digital Currency (CBDC). However, he asked for approval from the US government, before the Federal Reserve takes any further actions towards the creation of CBDCs. “I am legitimately undecided on whether the benefits outweigh

Jerome Powell, the Federal Reserve Chairman has publicly admitted that he is unsure of the Fed issuing its own Central Bank Digital Currency (CBDC). However, he asked for approval from the US government, before the Federal Reserve takes any further actions towards the creation of CBDCs. “I am legitimately undecided on whether the benefits outweigh

japan FSA
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japan FSA
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After U.S, Now Japan Calls for Strong Regulations of Stablecoins

Bhushan Akolkar July 16, 2021

In a fresh development, Japanese regulators are now stepping up efforts to regulate digital currencies, especially stablecoins. In exclusive coverage, Reuters reports that the Japanese government is closely watching the sharp growth of the crypto market and remains worried about its impact on the country’s financial system. Tokyo wants to engage with global financial regulators

In a fresh development, Japanese regulators are now stepping up efforts to regulate digital currencies, especially stablecoins. In exclusive coverage, Reuters reports that the Japanese government is closely watching the sharp growth of the crypto market and remains worried about its impact on the country’s financial system. Tokyo wants to engage with global financial regulators

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Fed Chairman: The World Won’t Need Digital Currencies Once We Have the Digital Dollar

Bhushan Akolkar July 15, 2021

On Wednesday, July 14, Federal Reserve Chairman Jerome Powell spoke on the topic of having a Digital Dollar during the hearing before the U.S. House of Representatives Financial Services Committee. The Fed Chairman said that one of the major reasons for the U.S. Central Bank to have digital currency in place is that it will

On Wednesday, July 14, Federal Reserve Chairman Jerome Powell spoke on the topic of having a Digital Dollar during the hearing before the U.S. House of Representatives Financial Services Committee. The Fed Chairman said that one of the major reasons for the U.S. Central Bank to have digital currency in place is that it will

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Powell Diary: Fed Chairman Meets Coinbase CEO, What to Expect Ahead?

Bhushan Akolkar July 3, 2021

The U.S. crypto landscape is set to see a major development, and possibly for the good. As per the recently released central bank records, Fed Chairman Jerome Powell met Coinbase CEO, Brian Armstrong, on May 11, 2021. Powell’s meeting comes in wake of a high surge in crypto trading activities this year. With digital currencies

The U.S. crypto landscape is set to see a major development, and possibly for the good. As per the recently released central bank records, Fed Chairman Jerome Powell met Coinbase CEO, Brian Armstrong, on May 11, 2021. Powell’s meeting comes in wake of a high surge in crypto trading activities this year. With digital currencies

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Fed Governor Lael Brainard Thinks Digital Dollar Can Bring Several Benefits

Bhushan Akolkar May 24, 2021

On Monday, May 24, Federal Reserve Governor Lael Brainard backed the idea of a central bank digital currency (CBDC) and stated that it could bring along a variety of benefits. The Fed Governor also added that having a Digital Dollar will help to reach out to the “underbanked” people in America. Besides, it will improve

On Monday, May 24, Federal Reserve Governor Lael Brainard backed the idea of a central bank digital currency (CBDC) and stated that it could bring along a variety of benefits. The Fed Governor also added that having a Digital Dollar will help to reach out to the “underbanked” people in America. Besides, it will improve

crypto tether china
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crypto tether china
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China’s CBDC All Set To Eat Into the Digital Payments Market Share of WeChat and Alipay

Bhushan Akolkar March 26, 2021

Alipay and WeChat Pay the two dominant players in China’s online payments marketplace are all set to see tough competition from the country’s very own central bank digital currency (CBDC) aka Digital Yuan. On Thursday, March 25, speaking during a panel discussion organized by the Bank of International Settlements (BIS), Mu Changchun, director of the

Alipay and WeChat Pay the two dominant players in China’s online payments marketplace are all set to see tough competition from the country’s very own central bank digital currency (CBDC) aka Digital Yuan. On Thursday, March 25, speaking during a panel discussion organized by the Bank of International Settlements (BIS), Mu Changchun, director of the

FED Money Printing Bitcoin is Superior
Bitcoin News
FED Money Printing Bitcoin is Superior
Bitcoin News

The FED Reserve Fire Fighting Approach shows how Powerful Bitcoin (BTC) is

Dalmas Ngetich March 17, 2020

After chopping interest rates to near zero and announcing a massive $700 billion quantitative easing (QE), the Jerome Powell-lead bank has now said it will buy short-term loans from banks and companies to a smooth flow of credit within its economy. Evidently, the Coronavirus pandemic is disrupting processes and the US Federal Reserve is desperately

After chopping interest rates to near zero and announcing a massive $700 billion quantitative easing (QE), the Jerome Powell-lead bank has now said it will buy short-term loans from banks and companies to a smooth flow of credit within its economy. Evidently, the Coronavirus pandemic is disrupting processes and the US Federal Reserve is desperately

bitcoin hong-kong city
Bitcoin News
bitcoin hong-kong city
Bitcoin News

‘Bitcoin is Becoming Mainstream’, Judging from Trump and Fed Chairman’s Views

Nivesh Rustgi July 12, 2019

The President of the United States spoke about Bitcoin [BTC] and cryptocurrencies for the first time via a twitter thread. While any trader would anticipate a big move in Bitcoin, his unbiased views hardly caused any change in Bitcoin price. Furthermore, it has turned the belief of a Bitcoin supported stronger than ever. Asiff Hirji,

The President of the United States spoke about Bitcoin [BTC] and cryptocurrencies for the first time via a twitter thread. While any trader would anticipate a big move in Bitcoin, his unbiased views hardly caused any change in Bitcoin price. Furthermore, it has turned the belief of a Bitcoin supported stronger than ever. Asiff Hirji,

Mati Greenspan
Bitcoin News
Mati Greenspan
Bitcoin News

Did the US Fed Chairman’s Comments on Libra Cause the Drop in Bitcoin? – Expert Opinion

Mati Greenspan July 11, 2019

The following article is the rework of the thoughts put forward by Mati Greenspan, the Senior Market Analyst at eToro. Bitcoin’s sudden turn in the wake of a bull run after a swift pullback has probably baffled the crypto-community. While ‘Bitcoin’s volatility’ can be blamed for almost all price movements. However, the trigger, in this case,

The following article is the rework of the thoughts put forward by Mati Greenspan, the Senior Market Analyst at eToro. Bitcoin’s sudden turn in the wake of a bull run after a swift pullback has probably baffled the crypto-community. While ‘Bitcoin’s volatility’ can be blamed for almost all price movements. However, the trigger, in this case,

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Regulation News
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Regulation News

Fed’s Chairman Denounces Libra, Predicts Project’s Uncertainty To Surpass Regulatory Demands

Dare Shonubi July 11, 2019

Jerome Powell, Chairman of the U.S. Federal Reserve has issued a stern warning to Facebook along the lines of its Libra project, maintaining that developments of the highly controversial cryptocurrency project cannot proceed until the accurate regulatory procedure has been put in place. In Powell’s words, “serious concerns” are yet to be expressed and must

Jerome Powell, Chairman of the U.S. Federal Reserve has issued a stern warning to Facebook along the lines of its Libra project, maintaining that developments of the highly controversial cryptocurrency project cannot proceed until the accurate regulatory procedure has been put in place. In Powell’s words, “serious concerns” are yet to be expressed and must

Mati greenspan
Bitcoin News
Mati greenspan
Bitcoin News

Bitcoin [BTC] Tipping Point Analysis and The ‘God Bad News’ in the US: Expert Opinion

Mati Greenspan July 8, 2019

The following article is the rework of the thoughts put forward by Mati Greenspan, the Senior Market Analyst at eToro. The announcement made by Germany’s largest bank on 7th July 2019, speaks for more than just one banking institution.  Reportedly, Deutsche Banks’ investment bank has been reeling under a lot of pressure due to the low

The following article is the rework of the thoughts put forward by Mati Greenspan, the Senior Market Analyst at eToro. The announcement made by Germany’s largest bank on 7th July 2019, speaks for more than just one banking institution.  Reportedly, Deutsche Banks’ investment bank has been reeling under a lot of pressure due to the low