Federal Reserve
Sen. Lummis Likely to Oppose Powell’s Fed Nomination on Crypto Grounds
Crypto-friendly U.S. Sen. Cynthia Lummis (R-Wyo.) has expressed significant concerns about the crypto track records of Fed Chair Jerome Powell and Fed Governor Lael Brainard, Biden's nominees to head the Federal Reserve for its next term. Lummis is likely to oppose the nominations unless the Fed responds. "The Hash" squad discusses the potential battle brewing in the realm of the Fed and the possible repercussions for crypto regulation across the nation.
Sen. Lummis Likely to Oppose Powell’s Fed Nomination on Crypto Grounds
The Wyoming senator is likely to vote against President Biden’s nominees to head the U.S. Federal Reserve, and will rally other senators against them, said a Lummis aide.
Bitcoin Turns Lower as Fed Chair Suggests Inflation No Longer ‘Transitory’
Federal Reserve Chair Jerome Powell’s turnabout suggests the U.S. central bank might move more quickly to tighten monetary policy – potentially a negative for speculative assets including bitcoin.
Yellen Says Stablecoins Require Proper Regulations
The Treasury Secretary also said she agreed with current Financial Crimes Enforcement Network (FinCEN) guidance that crypto firms and providers that don’t custody customer funds should not be regulated.
NY Fed Launches Fintech Research Wing With BIS Help
The NYIC will be led by PwC alum Per von Zelowitz, who joined the New York Fed in July.
Bitcoin supera los $58.000 con la atención puesta en Ómicron y el discurso del presidente de la Fed
Existe un consenso en el mercado de que los bancos centrales y los gobiernos intervendrían rápidamente con más estímulos si los precios de los activos se desplomaran ante posibles confinamientos en las principales economías.
Bitcoin Tops $58K With Focus on Omicron and Fed’s Powell Speech
Are bitcoin’s immediate prospects tied to the Omicron variant’s potential impact on the Fed’s monetary policy? GlobalBlock CEO Rufus Round discusses what to make of bitcoin’s recent price swings. The cryptocurrency is trading near $57,300 at press time, representing a 7.3% gain compared to the low of $53,359 late Sunday.
Bitcoin Tops $58K With Focus on Omicron and Fed’s Powell Speech
Bitcoin is largely being grouped with other risk assets at the moment, one observer said.
Goldman Says Fed May Accelerate Tapering in January: Report
The new projection means the asset purchase program would end in March.
Bitcoin Slips to $55K as Renewed COVID Concerns Jolt Traditional Markets
The cryptocurrency appeared set for a breakout above $60,000 after Thursday’s rise, but COVID fears played spoilsport.
