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Fed Chair Jerome Powell Discusses Leveraging an Ethereum-Based Libor Replacement

5.6.2020
The Federal Reserve’s Chair, Jerome Powell has hinted at using an Ethereum-based interest reference rate in a transition from the London Interbank Offered Rate (Libor). Powell also detailed in a letter to Senator Tom Cotton (R-AR), that the Ethereum version of Libor, a software called...

Fed Chair Teases Use of Ethereum-Based Interest Reference Rates

4.6.2020
U.S. Fed Chair Jerome Powell said an Ethereum-based interest reference rate works, but maybe not for everyone

'Ethereum-Based' LIBOR Alternative Gets a Nod From Fed Chairman

4.6.2020
Jerome Powell. Source: a video screenshot, Youtube/CNBC Television The US Federal Reserve (Fed) Chairman Jerome Powell has seemingly expressed support for an "Ethereum-based" replacement of LIBOR, the average interest rate at which major global banks borrow from one another, stressing...

US Turmoil and Negative Interest Rates – Billionaire Michael Novogratz Says ‘Watch Gold and Bitcoin’

2.6.2020
For the first time since October 2019, Federal Reserve Chair Jerome Powell admitted to leveraging quantitative easing (QE) tactics. Powell explained on Friday, the central bank is now comfortable with leveraging QE on a regular basis. Furthermore, the Fed is planning on utilizing negative interest...

Ex-CFTC Chair Chris Giancarlo Joins Swiss Effort to Fund COVID Relief Projects

19.5.2020
Led by Swiss crypto exchange Lykke, a $200,000 initiative to fund tech-driven COVID-19 relief projects has tapped ex-CFTC chair Chris Giancarlo as its advisor

Fed Chair: ‘We Have the Ability to Create Money Digitally’

18.5.2020
Fed Chair Jerome Powell said the bank has flooded the economy with money and would continue lending programs for as long as they’re needed

Fed Chair Blames Coronavirus, Not ‘Usual Suspects’ for Crashed Economy

14.5.2020
The latest words from Jerome Powell suggest that there is little need to address monetary policy to avoid another market crash

Blockchain, Not Crypto, Is at Core of Facebook’s Libra, Vice Chair Says

28.4.2020
Libra Association’s vice chair Dante Disparte expects Libra network to launch in Q4 2020

'Same Activity, Same Regulation' For 'Global Stablecoins' - FSB Chair

14.4.2020
Cross-border payment inefficiencies will be a problem for the post-pandemic economic recovery of certain regions, says Randal K. Quarles, the Chair of the Financial Stability Board (FSB) in a letter to the G20. But when it comes to a possible solution - "global stablecoins" - oversight...

Financial Bazookas Revealed – Market Strategists Believe the Fed Will Purchase Stocks Soon

1.4.2020
Bitcoin and cryptocurrencies may be the only free-market assets left not manipulated by central banks like the U.S. Federal Reserve. Since the covid-19 outbreak, the Fed has unleashed a massive arsenal of monetary weapons to combat the effects on the economy. After the significant rate cuts...

Cointelegraph Exclusive: Former CFTC Chair Looks to Digital Dollar Beyond COVID-19 Stimulus

29.3.2020
Former CFTC Chair Giancarlo and CFTC FinTech expert Gorfine talk new digital dollar initiative with Cointelegraph

OKCoin’s Chair Takes Over as CEO, Former Chief Executive Moves Sideways

6.3.2020
OKCoin announces chairperson Hong Fang as its new CEO

Coronavirus Prompts Fed to Slash Interest Rate – Stocks Slide, Gold Spikes, Bitcoin Uncertainty

4.3.2020
The U.S. Federal Reserve slashed interest rates by 50 bps on Tuesday citing concerns about the coronavirus outbreak against the bleak economy. The last time the central bank slashed rates by leveraging an “emergency rate shift” by half a percentage point was after Lehman Brothers filed...

Former CFTC Chair Giancarlo Says Fed Should Create a Digital Dollar

23.2.2020
Former CFTC Chair says time for Federal to create digital dollar and Bitcoin should co-exit along with it

US Worried Crypto Could Undermine Dollar as World Reserve Currency, Hiring Researchers to Prepare Response

16.2.2020
The U.S. Office of the Director of National Intelligence has admitted that cryptocurrency could undermine the U.S. dollar as the world’s reserve currency. The head of the U.S. Intelligence Community is seeking researchers to detail the impact of that status loss on the U.S., its economy,...

XRP Plummets 56% in One Candle, Bitmex Traders Outraged Over Flash Crash

13.2.2020
A number of XRP traders are complaining about massive liquidations on Bitmex as the price of XRP spiked and was brought down by 56% in a single candle. After the incident, well known traders with leveraged positions took to Twitter to complain about the upset as some investors were completely...

Fed Chair Powell Reveals US Response to China’s Digital Yuan, Libra, Public Payments Ledger

12.2.2020
In his testimony before the House Financial Services Committee, Federal Reserve Chairman Jerome Powell answered a number of questions regarding digital currencies. While stating that “a ledger where you know everybody’s payments” is not a problem in China, he believes it is...