Fed Chair Powell Says Crypto Requires New Principles, Citing ‘Threats’ To US Financial Scheme

The Crypto NewsMay 5, 2022

by The Crypto NewsMay 5, 20220257

Federal Reserve Chairman Jerome Powell emphasized on Wednesday that technology transformation is here to stay in the financial sector and that new regulations will be...

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Fed Chair Powell Warns of 50 Basis-Point Hike, Recession Risks

The Crypto NewsApril 28, 2022

by The Crypto NewsApril 28, 20220257

Key Takeaways Chair Powell has indicated the FOMC's increased willingness to raise interest rates more quickly, noting the possibility for a 50 basis-point hike. He...

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Biden’s proceed for Fed vice chair for supervision withdraws amid Republican objections

The Crypto NewsApril 26, 2022

by The Crypto NewsApril 26, 20220267

“We are witnessing a drive to make financial risk a tawdry political issue," said Sarah Bloom Raskin. 3559 Total views 36 Total shares Former Federal...

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Dilapidated CFTC chair calls Biden administration’s technique to crypto law ‘reactionary’

The Crypto NewsFebruary 14, 2022

by The Crypto NewsFebruary 14, 20220299

Chris Giancarlo says having a single entity like a crypto bureau regulating cryptocurrencies is something Congress should consider. 2022 finds the crypto industry looking forward...

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Fed Chair Jerome Powell Argues inside most stablecoins can co-exist with US CBDC

The Crypto NewsJanuary 18, 2022

by The Crypto NewsJanuary 18, 20220318

On Jan. 11, Federal Reserve Chair Jerome Powell told Senate legislators that nothing prevents privately issued stablecoins from coexisting with a prospective Fed central bank...

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Fed Chair Powell says he doesn’t look crypto as a monetary disaster

The Crypto NewsJanuary 18, 2022

by The Crypto NewsJanuary 18, 20220326

Jerome Powell however says cryptocurrencies are speculative and “not backed by anything” and could be an issue for consumers He does note that proper regulation...

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FDIC Chair Says “We Must Allow Banks” to Custody Crypto

CryptoDeskOctober 30, 2021October 30, 2021

by CryptoDeskOctober 30, 2021October 30, 20210251

Reading Time: 2 minutesThe cryptocurrency “sprint” team has been conducting meetings with an aim to create a way for banks to be able to custody...

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Ancient SEC Chair Jay Clayton joins Fireblocks advisory board

The Crypto NewsOctober 12, 2021October 13, 2021

by The Crypto NewsOctober 12, 2021October 13, 20210433

In his new role, Clayton will aid Fireblocks in navigating the regulatory hurdles for developing and deploying digital asset infrastructure, especially around capital markets. 1458...

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Fed Chair discusses digital resources in financial insurance policies file to Congress

The Crypto NewsAugust 30, 2021August 30, 2021

by The Crypto NewsAugust 30, 2021August 30, 20211297

The Federal Reserve is set to release a virtual assets’ report before the end of the third quarter this year, according to the chair Jerome...