The new rules extended the ban first announced in October to include bitcoin and cryptocurrencies.
Cynthia Lummis, the U.S. Republican senator from Wyoming, believes the Federal Reserve should consider holding bitcoin on its balance sheet. Speaking on the Orrin G. Hatch Foundation’s crypto webinar panel, Lummis said that once a regulatory policy is in place it “will make a lot of sense.” Former Federal Reserve Vice Chairman Believes Crypto Perspectives […]
US Senate Banking Chief Criticizes Super Bowl Crypto Ads, Claims ‘Big Crypto Companies Are Desperate’
The United States senator from Ohio and Senate Banking Committee chief Sherrod Brown is not a fan of cryptocurrencies. This week during Tuesday’s stablecoin hearing, Brown criticized all the cryptocurrency companies who advertised during the Super Bowl this past weekend and stressed that he’s “never seen the Federal Reserve buy a multimillion-dollar commercial for U.S. […]
Inflation in the United States continues to rise as it climbed at its fastest rate in 40 years since February 1982. Statistics from the U.S. Labor Department’s Consumer Price Index (CPI) jumped 7.5% higher than it was a year ago. US Inflation Continues to Surge On Thursday, the U.S. Labor Department published its CPI report […]
Discussing the latest central bank news, emerging financial risks in Europe, Japanese inflation and more.
With impending confirmation as the country’s top banking supervisor, will Sarah Bloom Raskin implement a bitcoin bias in Federal Reserve regulation?
The Federal Reserve recently outlined its considerations for a U.S. CBDC, confirming that it would be diametrically opposed to Bitcoin.
Discussing macro economic trends in Fed appointments, Arizona making bitcoin legal tender and Chinese real estate companies.
People who criticize Bitcoin on ESG grounds have it backward.
Bitcoin’s price tumbled this week, following the developments on the stock market and the latest Fed FOMC meeting.