Tag: us federal reserve

Aug 09 2021

ASI President Deems Central Bank Digital Currencies As A Satanic Scheme

Aug 09 2021 Published at Bitcoinist.com under tags  asi president bitcoin cbdc cbdcs gold

According to the ASI president, Central Bank Digital Currencies originate from Satan. And Bitcoin is not an alternative to currency but a speculative financial asset. ASI is a company that started in 1982 to deal in diverse alternative assets like foreign currencies, precious metals, and the pre-1933 United States gold coins. The company also has a trading platform for metals. Related Reading |...

Jun 05 2021

Key Quotes And Ideas From Day One Of The Bitcoin 2021 Conference In Miami

The Bitcoin 2021 conference in Miami is well underway. First day: done. Apparently, sadly, production failed and there were thousands of people in line for hours. They missed the first few talks, but we didn’t. Eventually, they got to experience a wild happening of epic proportions full of Bitcoin- related art and activities, though. We didn’t. In general, the organizers catered to and nurtured...

May 24 2021

Fed Governor Lael Brainard Thinks Digital Dollar Can Bring Several Benefits

On Monday, May 24, Federal Reserve Governor Lael Brainard backed the idea of a central bank digital currency (CBDC) and stated that it could bring along a variety of benefits. The Fed Governor also added that having a Digital Dollar will...

Apr 29 2021

Fed Chairman Says The U.S. Is Not Competing With China on Central Bank Digital Currency (CBDC)

The Chinese central bank - People's Bank of China (PBoC) - has expedited its efforts on launching its central bank digital currency (CBDC) Digital Yuan. However, the U.S. isn't quite...

Mar 18 2021

Bitcoin Wipes Off Dangerous Bearish Cross After Fed Holds Rates Steady

Key Bitcoin Takeaways Bitcoin formed a bearish cross earlier this week as it underwent a major sell-off. But the cryptocurrency counterbalanced fears of a further downside correction after the Federal Reserve's policy update. The US central bank announced that it would keep near-zero interest rates steady. Earlier this week, a death cross...

Dec 06 2020

Bitcoin’s Model Value Based on Fed and ECB Balance Sheets Is More Than $500,000

The Bitcoin (BTC) price is moving around $19,000 for a while as everyone is excited about the next move. Global investors and institutions have shown...

Oct 30 2020

US Federal Reserve Might Classify Crypto as Money

Cryptocurrencies might soon receive the acknowledgment they deserve in the United States. The United States Federal Reserve has disclosed that it might be considering classifying digital currencies as a legitimate currency. This announcement closely follows the submission of a proposal by both the U.S. Federal Reserve and FinCEN (Financial Crimes Enforcement Network). Both government-backed regulatory agencies are looking to classify digital...

Oct 29 2020

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

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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