Category: Federal Reserve

Morgan Creek CEO Says Bitcoin Doing ‘Extremely Well’ Due to Fed Reserve’s Dollar Devaluation

Morgan Creek CEO Says Bitcoin Doing ‘Extremely Well’ Due to Fed Reserve’s Dollar Devaluation

Nov 20, 2020 at 10:39 a.m. UTCUpdated Nov 20, 2020 at 2:36 p.m. UTC Mark Yusko, founder and CEO of Morgan Creek Capital Management(Morgan Creek) Morgan Creek CEO Says Bitcoin Doing ‘Extremely Well’ Due to Fed Reserve’s Dollar Devaluation The U.S. Federal Reserve and the rise of “zombie companies” is prompting investors scramble to hedge […]

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US Moves to Cast a Wider Net for Catching Money Launderers, Crypto or Otherwise

US Moves to Cast a Wider Net for Catching Money Launderers, Crypto or Otherwise

Oct 23, 2020 at 18:35 UTCUpdated Oct 23, 2020 at 19:31 UTC (Rob Crandall/Shutterstock) US Moves to Cast a Wider Net for Catching Money Launderers, Crypto or Otherwise The Federal Reserve, the U.S.’ central bank, published a proposed rule change Friday asking about the recording requirements for money transfers involving virtual currencies. According to the rule […]

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Major Meeting of Central Banks Produces Same Old ‘Evaluating’ CBDCs Refrain

Major Meeting of Central Banks Produces Same Old ‘Evaluating’ CBDCs Refrain

Oct 19, 2020 at 14:53 UTCUpdated Oct 19, 2020 at 15:17 UTC Federal Reserve Chairman Jerome Powell (Wikimedia Commons) Major Meeting of Central Banks Produces Same Old ‘Evaluating’ CBDCs Refrain Central bankers continued to evaluate the merits, or lack thereof, of a digital currency (CBDC), explaining that digital innovation has its benefits but policy considerations […]

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