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Tag: jerome powell

Mar 29 2021

Boom for Bitcoin as Wall Street Veteran Blasts Powell over Inflation Risks

□ Mar 29 2021 □ Published at Bitcoinist.com under tags  bitcoin bitcoin news bitcoin price federal reserve inflation

Bitcoin could continue playing its global safe-haven hedge role as a Wall Street veteran blasts off Jerome Powell and his pro-inflation policies in his latest opinion editorial. The benchmark cryptocurrency could rise as Andrew Parlin, founder/chief investment officer at Washington Peak Investment Advisors in New Jersey,...

Mar 26 2021

China’s CBDC All Set To Eat Into the Digital Payments Market Share of WeChat and Alipay

□ Mar 26 2021 □ Published at Coingape under tags  alipay ant group bank of china cbdc chinese cbdc

Alipay and WeChat Pay the two dominant players in China's online payments marketplace are all set to see tough competition from the country's very own central bank digital currency (CBDC) aka Digital Yuan. On Thursday, March 25, speaking during a panel discussion organized by the Bank of International Settlements (BIS), Mu Changchun, director of the The post China's CBDC All Set To Eat...

Mar 22 2021

Bitcoin to Beat Gold Not Digital Dollar, Says Fed Chairman

□ Mar 22 2021 □ Published at Crypto Briefing under tags  bitcoin digital dollar federal reserve jerome powell people

The U.S. Fed chairman Jerome Powell said that Bitcoin is a speculative asset like gold and does not see it as a replacement for the American dollar. And certainly not a digital dollar. Fed Not Worried About Bitcoin Powell spoke at the Innovation Summit by the Bank of International Settlements (...

Feb 24 2021

Tether, Powell Testimony And Bitcoin Hegemony

□ Feb 24 2021 □ Published at Bitcoin Magazine under tags  federal reserve fed watch jerome powell markets podcast

On this "Fed Watch," the hosts discussed Tether FUD, Jerome Powell's latest speech and bitcoin price action....

Jan 14 2021

Jerome Powell on CBDCs: ‘We Don’t Feel a Need to Be First’

□ Jan 14 2021 □ Published at CoinDesk under tags  cbdcs federal reserve jerome powell policy & regulation

The U.S. is going slow on central bank digital currencies (CDBCs) considering the risks they may pose to the dollar’s dominance, the Fed Chair said Thursday.

Dec 27 2020

Fed’s Powell Wins Forbes’ Crypto Person of the Year Honors; Do They Give Awards for Snark?

□ Dec 27 2020 □ Published at CoinDesk under tags  federal reserve jerome powell markets news people

A side effect of the Fed's medicine for the pandemic-stricken U.S. economy was to create conditions ideal for the rise of cryptocurrencies.

Nov 19 2020

Oct 29 2020

Jerome Powell: CBDC Could Improve U.S. Payment System

□ Oct 29 2020 □ Published at Altcoin Buzz under tags  cbdc central bank digital currencies central banks cryptocurrency news jerome powell

Federal Reserve Chairman Jerome Powell has stated that a central bank digital currency (CBDC) could improve the current payment system in the United States but that there also potential pitfalls to address as well. Jerome Powell made this assertion during the International Monetary Fund (IMF) panel discussion on cross-border...

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