by COINS NEWS - 1 year ago
Others have posted articles about this, but here is the official press release from the Federal Reserve. This video talks about use of the service. Get ready to see Zelle disappear from your bank's apps in favor of native transfer tools. With it&...
Cryptocoins News / The Cointelegraph - 1 year ago
The Federal Reserve certified the FedNow Service as “ready” after it onboarded 41 financial institutions, 15 service providers and the U.S. Department of the Treasury to test the system b...
Bitcoin News / Bitcoin.com - 1 year ago
The New York Federal Reserve and a group of financial institutions announced the successful conclusion of a proof-of-concept of the Regulated Liability Network (RLN), which contemplates the introduction of a dollar-based interbank central bank digita...
Bitcoin News / Bitcoin.com - 1 year ago
Veteran trader Peter Brandt has urged the U.S. Federal Reserve to stay hawkish and increase interest rates another 100 basis points to protect the nation’s wealth. He stressed that there is nothing more destructive to wealth than inflation, emp...
Bitcoin News / Bitcoin.com - 1 year ago
Federal Reserve Chair Jerome Powell has reaffirmed the Fed’s hawkish stance. Noting that the latest economic data indicates that the Fed’s policy “may not be restrictive enough” and “has not been restrictive for long enough,...
Cryptocoins News / The Cointelegraph - 1 year ago
The Fed’s emergency loan facility has reached new highs as embattled banks are needing a central bank bailout. The United States Federal Reserve ’s emergency fund for...
Cryptocoins News / Blockchain - 1 year ago
Governor Michelle W. Bowman, a member of the Board of Governors of the Federal Reserve System, emphasized the need for a responsive and responsible regulatory framework in the banking sector. (Read More)
Bitcoin News / Bitcoin.com - 1 year ago
Federal Reserve Chairman Jerome Powell has discussed the threat of de-dollarization and the risk of the U.S. dollar losing its world’s reserve currency status. He believes that the USD hegemony is a consequence of America’s economic dominance.
Fed Ch...
Bitcoin News / Bitcoin.com - 1 year ago
Federal Reserve Chairman Jerome Powell has acknowledged that cryptocurrency appears to have staying power as an asset class in the U.S. economy. In addition, he stated that the central bank views payment stablecoins as a form of money, emphasizing th...
Bitcoin News / Bitcoin.com - 1 year ago
Steve Hanke, an economist and professor of Applied Economics at Johns Hopkins University, as well as a former member of Ronald Reagan’s Council of Economic Advisors, recently expressed his belief that the U.S. Federal Reserve is lacking directi...
Cryptocoins News / Blockchain - 1 year ago
Federal Reserve officials has agreed to keep interest rates unchanged following 10 consecutive hikes. However, the Federal Reserve hinted that they may consider a rate hike next month if the economy and inflation don't show further signs of cooling d...
Cryptocoins News / Blockchain - 1 year ago
The Federal Reserve Board announced a consent order against Silvergate Capital Corporation and its subsidiary Silvergate Bank on Thursday, providing the necessary regulatory supervision for the financial institution's voluntary self-liquidation. (Re...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. lawmakers have introduced a bill to prohibit the Federal Reserve from “establishing, carrying out, or approving a program intended to test the practicability of issuing” a central bank digital currency (CBDC). “CBDCs would threaten the liberties...
Bitcoin News / Bitcoin.com - 1 year ago
Ron Paul, a former congressman from Texas and former U.S. presidential candidate, has reflected on how the U.S. government is handling inflation and how it has been deceitful on the issue. Paul believes that if the U.S. government were to really poin...
Bitcoin News / Bitcoin.com - 1 year ago
Federal Reserve Chair Jerome Powell has hinted that the Fed may pause raising interest rates at the Federal Open Market Committee (FOMC) meeting next month. “Having come this far, we can afford to look at the data and the evolving outlook and make ca...
Bitcoin News / Bitcoin Magazine - 1 year ago
Zoltan Pozsar, who until recently worked as the managing director of investment bank Credit Suisse, offered his insight into financial markets and the issues that are weakening the dollar’s dominance around the world.In his role at Credit Suisse, Poz...
Cryptocoins News / The Cointelegraph - 1 year ago
Leadership at the Fed will likely have an impact on how the U.S. government handles the potential issuance of a central bank digital currency. United States President...