Category: Federal reserve
As the market capitalization of stablecoins surpassed $100 billion in May, regulators are growing increasingly concerned about the risks they pose.
The post Regulators Growing Concerned Over Stablecoin Risks appeared first on BeInCrypto.
American billionaire and hedge fund manager Paul Tudor Jones has admitted that Bitcoin is a portfolio diversifier, with the businessman saying he would put 5% of his capital into BTC.
The post Billionaire Paul Tudor Jones Likes BTC as Portfolio Diversifier appeared first on BeInCrypto.
On Thursday, June 10, the Central Bank of Nigeria (CBN) announced that it preparing for the launch of the central bank digital currency (CBDC) aka Digital Naira and that should happen before the end of 2021. Rukayat Mohammed, the Director of Information Technology (IT) for the CBN made this disclosure yesterday in a virtual briefing
The post Central Bank of Nigeria (CBN) Plans For a CBDC Launch By the End of 2021 appeared first on Coingape.
Despite its comparison and similar trajectory to gold, investors seeking alternatives should look into bitcoin, said SkyBridge’s Troy Gayeski.
The post Fiat-Alternative Investors Should Seek Bitcoin, Says SkyBridge Executive appeared first on BeInCrypto.
Bank of Japan Governor Haruhiko Kuroda has joined the ranks of many central bankers denouncing bitcoin but admits there is potential in stablecoins.
The post Bank of Japan Embracing Stablecoins Potential but Still Wary of Crypto appeared first on BeInCrypto.
The president wants to print like he’s got his own bitcoin bags, and there is no end in sight to the monetary expansion expected to come.Read More
May 24, 2021 | CBDC, Central Bank Digital Currencies, Crypto News, digital dollar, Fed Reserve Governor, Federal reserve, Federal Reserve Chairman, Jerome Powell, Lael Brainard, News, Regulation News, US Federal Reserve
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
The post Fed Governor Lael Brainard Thinks Digital Dollar Can Bring Several Benefits appeared first on Coingape.
Federal Reserve Chair Jerome Powell said the central bank will publish a discussion paper on its potential central bank digital currency (CBDC) in the summer.
The post CBDC Digital Dollar Discussion Paper to be Released by Federal Reserve appeared first on BeInCrypto.
Continued political buzz is abundant lately around crypto, and today is no exception. In a initial report from Bloomberg this morning, the U.S. Treasury has shared intent to require businesses, and likely individuals as well, that transfer $10,000 USD and above in crypto to report the transactions to the IRS. The move is part of […]Read More
In criticisms of Federal Reserve actions, legendary investor Stanley Druckenmiller highlighted the case for bitcoin to replace the dollar.Read More
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