Bitcoin’s run-up was halted at around $39,000 after the Federal Reserve announced it will increase the interest rates in March this year. The altcoins, which were also heading north, dropped …
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Former US SEC Chairman said digital assets will change the global financial infrastructure
Former US Securities and Exchange Commission (SEC) Chairman Jay Clayton said digital assets will change the global financial infrastructure, but it’s unclear which types of assets will be most transformative. …
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President Joe Biden has picked Jerome Powell to be the next Fed chair
President Joe Biden has tapped Jerome Powell to serve another four-year term as the chair of the Federal Reserve System’s Board of Governors. In a Monday announcement, the White House announced President …
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Fed governor took issue with recent suggestions for stablecoin regulation
Christopher Waller, a governor at the Federal Reserve, took issue with recent suggestions for stablecoin regulation in a November 17 speech. Specifically, Waller was responding to a recent report on stablecoins from …
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Federal reserve governor ‘highly skeptical’ of digital dollar
U.S. Federal Reserve Governor Christopher Waller has stated that he is “highly skeptical” that the country needs to develop its own central bank digital currency (CBDC). In remarks prepared for …
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