Facebook-initiated Diem Association announces a new model of its upcoming stablecoin that is set to be issued by California state-chartered bank Silvergate.
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.
An important new role for the world’s first cryptocurrency as an inflation gauge — or just another fantasy of Bitcoin maximalists?
The U.S. does not want cash to go extinct in the presence of a CBDC, according to the Fed’s chairman.
Longstanding sagas in crypto saw major plot development and even a conclusion or two in this week’s newsletter.
Jerome Powell added that the Federal Reserve needs to consider the health of other markets when creating a digital currency.
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.
The cryptocurrency was designed to counter the harms of inflation, but is this really such a big issue?
The central bank doesn’t want to pull back asset purchases just yet, Powell said 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.