Cryptocurrency Analysis and News Portal
United States Attorney General William Barr announced that President Trump will most likely task Jay Clayton as the legal enforcer for a chunk of New York — a state that has historically held a heavy-handed regulatory stance on crypto. Barr said in a June 19 statement from the Department of Justice,
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Christopher Giancarlo, the former chairman of the Commodity Futures Trading Commission (CFTC) believes it's time for the Federal Reserve to issue a fully digital currency on Feb. 21. Giancarlo told Yahoo Finance’s On the Move program that the Federal Reserve must issue a digital currency in order to compete with
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Federal Reserve Chairman Jerome Powell resumed his congressional testimony on Wednesday. He told lawmakers that low interest rates have become a fact of life. Twenty-four hours earlier, he asserted that the U.S. economy was doing just fine. Powell’s half right: The U.S. can’t survive normal monetary policy without risking financial ruin. Jerome Powell
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Bitcoin’s (BTC) price is trending solidly back above the 5-digit figure mark.At around 15:00 UTC on Feb. 11, the price of BTC rose back above $10,000 from around $9,850 to $10,351 within an hour after succumbing to a small sell-off beneath the $10,000 level on Feb 10, CoinDesk BPI data
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United States Congressman Bill Foster (D-IL) has questioned the Chair of the Federal Reserve Jerome H. Powell on U.S’s central bank digital currency (CBDC) progress at a hearing on monetary policy earlier today. Foster hopes for a digital dollarFoster began his questioning by asking Powell:“Do you think that establishing a
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Dante Disparte, Vice-Chair of the Libra Association, said that he was unconcerned by recent high-profile departures from the project just two weeks after Vodafone became the latest name to ditch the proposed digital coin. Speaking to CoinDesk at the World Economic Forum in Davos last week, Disparte said that the Libra
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In a chat on the Davos Promenade during last month’s World Economic Forum, Dante A. Disparte, vice chair of the Libra Association, made the case for the consortium-managed cryptocurrency project. Shrugging off recent major corporate exits from the Association, Disparte made the case for Libra as a viable open-source platform
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Digital transformation is a national priority for China, and it’s being integrated into both enterprise and banks and other services industries.According to a Feb. 4 report from Economic Information Daily, chairman of Minsheng Bank Hong Qi said:“The full adoption of digital technologies such as blockchain is expected to accelerate
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The chairman of the Commodities and Futures Exchange Commission (CFTC) believes regulated derivatives will instill market confidence in cryptocurrencies.Chair Heath Tarbert told Cheddar Monday that his agency is helping create a regulated futures market that investors would be able to "rely on" for better "price discovery, hedging and risk management.""By
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Chairman of the United States Commodity Futures Trading Commission (CFTC), Heath Tarbert, recently discussed crypto at Harvard Kennedy School as part of a series of lectures that revolved around financial regulations.Tarbert talked about the agency and its stance on cryptocurrency, and how the CFTC team is still processing the information
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