Tag: federal reserve

Fed Governor Blasts Bitcoin for its Ties to “Illegal Activities”

It is a well-known fact that US politicians don’t like bitcoin very much. Particularly the Federal Reserve governor still sees plenty of problems, primarily due it facilitating illicit activities.  In a recent meeting, the bitcoin debate was reopened once again. The Fed Still Hates Bitcoin As regulators prepare to take a closer look at cryptocurrencies, such hostile comments aren’t entirely unexpected.  Federal Reserve Governor Lael Brainard warned about the use …
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Thomas Lee Expects a Bullish Bitcoin Weekend Courtesy of the Fed

Given the current Bitcoin price momentum, it has become somewhat difficult to make sense of the market trends. That situation will not necessarily change in the near future, as ups and downs will continue to occur intermittently. Thomas Lee, a well-known crypto bull, claims Bitcoin will see a major reversal over the course of the weekend. So far, nothing of the sort has happened.  Thomas Lee has an Interesting Vision …
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Former Fed Governor Believes FedCoin Could Rival Bitcoin

Central banks all over the world are – for the most part – convinced that issuing their own versions of Bitcoin serves no real purpose as of right now. The Federal Reserve, on the other hand, may have different ideas. One of its former officials is still convinced that the concept of FedCoin holds a lot of merit. One can only hope common sense prevails in the long run. The FedCoin …
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Federal Reserve Has No Plans to Create a Digital Currency

One of the biggest questions among cryptocurrency enthusiasts is whether or not central banks will issue their own digital currencies. So far, it seems no bank has taken the plunge just yet. Even the Federal Reserve is not inclined to do so anytime soon, but research into creating a digital dollar is ongoing. Right now, there is no official plan to create a digital currency, but things are always subject to change. …
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