[ad_1] US Federal Reserve Chair Jerome Powell recently made headlines with his upbeat outlook on the crypto market. During Congress hearingPowell expressed his belief that crypto demonstrates sustainability as an asset class…
Category: jerome powell
Fed Chair Powell Sold URL to Ripple Team?
[ad_1] Alleged conversations between the Fed chair and members of the US Congress fueled rumors about Powell’s involvement in the founding of Ripple. A 2018 video by a Ripple executive about the…
‘How did this happen’ — Powell says Fed stumped over the collapse of SVB
[ad_1] United States Federal Reserve Chair Jerome Powell has admitted that his regulator was blindsided by the sudden collapse of Silicon Valley Bank (SVB), despite being under their watch. In a press…
The Federal Reserve Intervenes: Bank Term Funding Program
[ad_1] The Federal Reserve’s balance sheet increased by $300 billion in one week, causing debate about whether this measure qualifies as quantitative easing. The article below is an excerpt from the latest…
Bitcoin Is a Clear Winner of the U.S. Banking Crisis
[ad_1] The narrative around bank failures, stablecoins and rising interest rates seems strong enough to drive bitcoin prices, said George Kaloudis of CoinDesk. [ad_2] Source link
Federal Reserve confirms July launch for FedNow instant payment service
[ad_1] The United States Federal Reserve has confirmed a July launch date for its long-awaited instant payments system, seen by some as an alternative to central bank digital currencies (CBDC) and stablecoins….
Bitcoin Rallies Following News on US Inflation Data for February
[ad_1] Bitcoin is hitting gains ahead of the inflation-focused Fed meeting on March 22 to decide on a rate hike. Bitcoin (BTC) price rose sharply on news that US inflation had met…
Crypto’s US banking access more uncertain than ever
[ad_1] Crypto’s continued access to the US banking rail seems less certain by the day, although several Hail Mary rescue plans are in the works. Last weekend, California-based Silvergate Bank updated its…