Diem parters with Silvergate bank to launch stablecoin in the US
Facebook-initiated Diem Association announces a new model of its upcoming stablecoin that is set to be issued by California state-chartered bank Silvergate.
Tag: Federal Reserve
Billionaire Druckenmiller says ledger-based system could replace USD worldwide
Billionaire Stanley Druckenmiller thinks some kind of crypto-derived ledger system may replace the U.S. dollar as the world’s reserve currency in the future.
Bitcoin’s new use case? A report card for how the US handles the dollar
An important new role for the world’s first cryptocurrency as an inflation gauge — or just another fantasy of Bitcoin maximalists?
CBDCs won’t entirely replace cash if the US Fed gets its way
The U.S. does not want cash to go extinct in the presence of a CBDC, according to the Fed’s chairman.
Law Decoded: Loose ends and long dramas, Feb. 19–26
Longstanding sagas in crypto saw major plot development and even a conclusion or two in this week’s newsletter.
Fed chair says it’s up to Congress to bring a digital dollar to market
Jerome Powell added that the Federal Reserve needs to consider the health of other markets when creating a digital currency.
US Federal Reserve Looking to Hire a Manager to Research Stablecoins and CBDCs
The job listing follows comments made by Fed Chair Jerome Powell in recent weeks where he said the central bank needed “better regulatory answers” for global stablecoins.
Bitcoin and Inflation: Everything You Need to Know
The cryptocurrency was designed to counter the harms of inflation, but is this really such a big issue?
Fed Chair Powell: ‘We’d Welcome Higher Inflation’
The central bank doesn’t want to pull back asset purchases just yet, Powell said Wednesday.
How Bitcoiners Should Watch the US Federal Reserve Meeting on Wednesday
Comments from Fed chair Jerome Powell could tell bitcoiners how committed the central bank is to staying the course on low interest rates through the rest of the year.
